• 2018 April 17 16:30

    Port of Antwerp freight volume up 7.1% to 58,328,678 tonnes in Q1 2018

    The port of Antwerp experienced an excellent first quarter with a freight volume of 58,328,678 tonnes, an increase of 7.1% on the same period last year. The total volume is a result of all freight categories with the exception of conventional breakbulk. The main driver, however, is once again container freight which enjoyed very strong growth of 9.5% compared with the first three months of 2017, the company said in its press release.

    Containers
    The container volume rose by 9.5% to 32,580,600 tonnes, or 2,744,226 TEU (up 10.7%). In fact the month of March alone set a new record for container volume with 980,000 TEU.
    There was growth on all sailing routes, both for imports and for exports. The progress made by European container freight was the most notable, expanding by 14.5%. This is thanks partly to the recovery in transhipment consignments which dipped temporarily last year because of a shortage of dock labour. Container trade with North America for its part was up by 14.7% compared with the same period last year, although the first quarter of 2017 in this sector was rather weak. On Asian routes there was growth of 7%.

     
    Breakbulk
    The ro/ro volume expanded by 6.0% to 1,300,086 tonnes, with the number of cars handled rising by 2.3% to 323,901 units.
    However, conventional breakbulk performed less well compared with the same period last year, falling by 3.1% to 2,512,276 tonnes. Non-ferrous metals, wood, paper & cellulose and fruit were the categories that suffered the largest drop. The volatility of the respective trades and further containerisation both played a role here.
    While steel performed very well in the same period last year, it has now expanded slightly overall by 1.5%, despite imports suffering a large drop of 9.9%. Imports from China were down sharply in comparison with Q1 17, although this decline which first became apparent in the second quarter of last year has now stabilised. Imports of Indian steel too have gradually declined after the big peak in the first half of 2017. On the other hand there has been a sharp rise in imports from Turkey and Russia.
    Exports of steel products, by contrast, give an opposite picture with growth of 19.7%. In comparison with the fairly weak first quarter of 2017 there has now been a strong revival in steel exports to the US, with the month of March doing particularly well. Clearly there has been an anticipatory effect in response to the American threat of import tariffs on various products including steel.

    Liquid bulk
    Liquid bulk experienced an increase of 4.6%, to 18,552,332 tonnes. The strongest growth was experienced by chemicals (up 6.8%), but oil derivatives as the largest segment also performed well once more (up 4.6%). These growth figures once again emphasise Antwerp’s ideal location for European distribution, with the phenomenal growth in tank storage and the general confidence in our chemical & petrochemical cluster.

    Dry bulk
    Dry bulk finished the quarter at 3,383,384 tonnes, representing growth of 7.4%. This was mainly thanks to the larger imports of coal, fertilisers and sand & gravel, along with the higher volume of scrap metal exports.

    Seagoing ships
    A total of 3,531 seagoing ships called at Antwerp during the first quarter, an increase of 0.7%. The gross tonnage for its part rose by 2.0% to 101,728,371 GT.

    Global political and economic context
    Exports to the US experienced strong growth in all sectors during the first quarter of this year. As already mentioned, the developments in the steel trade were partly due to the threat of import tariffs being imposed on European products. But apart from steel this growth was driven above all by a sharp rise in chemical exports. We will have to wait and see how the situation develops in the next few months.
    The impact of Brexit on UK volumes so far remains limited, as the first quarter closed with growth of 4%, probably due to the weaker pound. Be that as it may, the UK remains the third-largest trading partner for the port of Antwerp. The Port Authority is therefore watching the situation very closely, and during the recent visit by the British Secretary of State Robin Walker it announced that it seeks to appoint a full-time representative in the UK.




2019 January 19

14:02 Deltamarin contracted to continue with Titanic II project
12:51 SGRE launches 10 MW offshore wind turbine
11:44 Algoma increases its interest in the ocean self-unloader Pool

2019 January 18

18:06 North Carolina Ports sets new record in 2018
17:47 Freight turnover of Neva-Metal (Saint-Petersburg) in 2018 climbed by 3% Y-o-Y to about 3.2 million tonnes
17:25 Okskaya Sudoverf obtains patent for state-of-the-art pontoons
17:06 Hamburg prepares for ‘Hard Brexit’
16:44 Throughput of port Primorsk in 2018 fell by 7% Y-o-Y to 53.48 million tonnes
16:23 GTT receives a new order from SHI to design the tanks of two LNG carriers on behalf of Gaslog
16:20 NOVATEK elects new Board of Directors
15:56 Throughput of port Vyborg in 2018 grew by 25% Y-o-Y to 1.93 million tonnes
15:33 Stena Line’s first new generation ferry ‘floats’ in China
15:21 Bunker sales at the port of Singapore in 2018 fell by 1.7% Y-o-Y to 49.8 million tonnes
15:03 Panama Direct service CMA CGM to resume weekly rotations
14:47 Throughput of port Vysotsk in 2018 climbed by 7% Y-o-Y to 18.79 million tonnes
14:33 GranIHC appointed contractor for Equinor’s Peregrino Phase II Project
14:19 Port of Ust-Luga handled 98.72 million tonnes in 2018, down 4% Y-o-Y
14:03 Algoma Central Corporation increases its interest in ocean self-unloader Pool
13:50 18 vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on January 17-18
13:35 Throughput of the Port of St. Petersburg in 2018 up 11% Y-o-Y to 59.32 million tonnes
13:18 CMA CGM unites its Containerships and MacAndrews brands
13:11 Vladimir Putin supports Government’s proposal on expanding Far East Ministry’s functions with Arctic issues
12:49 Throughput of port Kavkaz in 2018 grew by 11% Y-o-Y to 49.276 million tonnes
12:26 MV Werften purchases Neptun Ship Design
12:08 Sakaide shipyard holds naming ceremony for new LNG carrier jointly owned by NYK and JERA
11:38 PGNiG SA signs agreement for oil and gas exploration and production in UAE
11:14 Remote pilotage to be allowed in Finland
10:47 Free zone status is a crucial advantage for the future development of the Freeport of Riga
10:06 Ice restrictions at the port of Ust-Luga come into effect on January 31
09:42 Brent Crude futures price up 0.9% to $61.73, Light Sweet Crude – up 1.09% to $52.64
09:20 Baltic Dry Index is up to 1,077 points

2019 January 17

18:13 PORT OF KIEL presents annual results 2018
17:51 Ice restrictions at the port of Primorsk come into effect on January 25
17:28 Global Ports sets up a common service call centre
17:09 EFIP welcomes and supports the European Parliament position on the Connecting Europe Facility for 2021-2027
17:05 North Sea Port monitoring the Brexit closely
16:44 ABP invests £700K to boost storage at Port of Ipswich
16:27 Global fuel market: still many uncertainties in both demand and supply
16:22 CMA CGM announces FAK rates from ISC to North Europe and the Mediterranean
16:05 OCEAN Alliance extends duration of OCEAN Alliance to ten years
15:42 COSCO SHIPPING Ports signs agreement with PSA to add two new berths at the terminal in Boao, Hainan
15:31 Liebherr supports the 6th International Forum of Dredging Companies as its Sponsor
15:02 Ocean Yield ASA agrees to acquire a modern Suezmax tanker for a consideration of USD 56.0 mln
14:02 SEACOR Marine enters agreement to acquire three additional platform supply vessels from affiliates of COSCO Shipping Group
13:49 Throughput of Chinese ports grew by 4.2% to 9.22 billion tonnes in 2018
13:32 Jensen Maritime provides design for Shaver Transportation’s new tugboat
13:14 OOCL rolls out third phase of Ocean Alliance product refinements
12:50 Baltic Ports Organization’s schedule for 2019 is set
12:38 Port of Los Angeles breaks all-time cargo record in 2018
12:26 Qatar accedes to load lines convention
12:01 Sunseeker International and Rolls-Royce to present first production yacht with MTU hybrid power in 2020
11:51 Bunker prices continue going down at the Far East ports of Russia (graph)
11:38 Port of Zeebrugge handled 40.1 million tonnes in 2018
11:25 Nor-Shipping reveals stellar line-up for Ocean Leadership Conference
10:52 10 vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on January 16-17
10:28 NOVATEK’s hydrocarbon production totaled 548.4 million boe in 2018, up 6.9% Y-o-Y
10:03 Brent Crude futures price down 0.34% to $61.11, Light Sweet Crude – down 0.54% to $52.03
09:39 Tallink and Taltech to collaborate on developing smart ship solutions
09:17 Baltic Dry Index is down to 1,055 points

2019 January 16

18:36 Kongsberg Gruppen enters into an agreement with Rome AS to divest Kongsberg Evotec