30.5 C
Hamburg
Thursday, August 13, 2020
Home Port News Port of Rotterdam reports 2019 throughput

Port of Rotterdam reports 2019 throughput

The Port of Rotterdam Authority has published its 2019 throughput, recording volumes of 469.4 million tonnes in 2019, fractionally higher than in 2018 (469 million tonnes).

Investments by the Port Authority were again at a high level, with gross investments including participations amounting to €338.3 million (2018: €408.1 million). The net result excluding taxes amounted to €241 million (2018: €254.1 million).

Following a good start in the first six months of 2019, growth in container transhipment was almost negligible during the second six months of the year, the Port says. container throughput measured in tonnes grew by 2.5%. Measured in TEU the increase was 2.1% and the annual total was 14.8 million TEU.

The Port of Rottedam said that economic growth in the EU had declined , particularly as a consequence of reduced industrial production in Germany. Moreover, as a consequence of declining production and decreased growth in world trade, shipments from Asia were cancelled in November and December. The shortsea segment also experienced the effects of lower economic growth as well as competition with other ports, according to the Port.

Allard Castelein, the Port of Rotterdam Authority CEO, commented: "The success of a modern port cannot be measured by throughput tonnage alone. Our customers no longer just want increased throughput capacity, but demand a better, faster and, above all, a smarter port."

 

- Advertisment - LR Sustainability Decarbonisation Digital Adverts

Latest Posts

Hapag-Lloyd diverts service from strike-hit Montreal

German carrier Hapag-Lloyd has said that due to the continuing industrial dispute at the Canadian Port of Montreal it will divert its vessel call...

Port of Beirut CT restarts operations

Nine days after one of the worst events in containerised cargo history the Port of Beirut has reopened after what has been called only...

MSC keeps updating its service network

The Mediterranean Shipping Company (MSC) has announced the launch of its Golden Horn service, which will complement its existing intra-Asia network, linking China, Korea...

Bunker indexes see slight upturn

Global Bunker Market remains in the same holding mode that has prevailed in the last 25 days approximately. The MABUX World Bunker Index showed a...

CU Lines joins South Korea-Vietnam route shake up

China United Line (CU Lines), is launching a service between South Korea and South East Asia for the first time after purchasing slots on...