The Port of Bilbao Authority has concluded 2025 as a strategic year, marked by significant advancements in connectivity, decarbonization, infrastructure, and digital transformation. This progress was achieved despite a 6.8% decrease in traffic, primarily attributed to the temporary closure of the Petronor refinery. Total throughput exceeded 32 million tonnes, with traffic in the second half of the year showing a 1.5% year-on-year increase. The growth in trade with the United States, Brazil, Senegal, the Netherlands, and China, coupled with the introduction of new container services to Canada and the west coast of South America, has bolstered Bilbao's international standing. The port has maintained its leading position in rail freight within the Spanish port system, with 26% of containers moved by train and 3,800 rail movements recorded throughout the year. Passenger traffic achieved a record for the fourth consecutive year, accommodating 337,562 cruise and ferry passengers. Financially, turnover saw a slight increase to €77 million, with EBITDA reaching €35.2 million. Robust liquidity has enabled the Port Authority to freeze port fees once again and substantially increase investment from €35.7 million in 2025 to €110.9 million in 2026. Key initiatives include the second phase of the central breakwater, the expansion of onshore power supply (OPS) infrastructure, photovoltaic installations, new Customs facilities, and the implementation of the Energy Transition and Digital Transformation Plans. The first phase of dock electrification is slated to become operational in the second quarter of 2026, underscoring Bilbao's commitment to sustainability.