• 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.




2018 July 23

18:06 Teekay Offshore Partners announces appointment of new CFO
17:36 Cammell Laird led partnership wins £1.5m Government tender for electron beam welding research
17:06 APL's President Kennedy makes maiden vessel call at Yokohama
16:46 Fincantieri to build two next-generation cruise ships for Princes Cruises
16:15 Fistuca uses Maasvlakte 2 as a testing location for the innovative BLUE Piling technology
15:50 DCT Gdansk extends Collective Agreement for two years
15:08 Russia and Korea to establish a joint center of marine technologies and start local production of shipboard equipment
15:04 Wärtsilä to provide comprehensive optimised maintenance for Virgin Voyages
14:55 Damen Shipyards Group assumes operational control at Mangalia shipyard
13:31 Average wholesale prices for М-100 HFO down to RUB 17,093 in RF spot market
13:02 North-Western Shipping Company carried 2.5 million tonnes of cargo in HI’18, down 7.5% YoY
12:33 Torqeedo powers electric passenger vessels at new Vinpearl resort in Vietnam
11:39 Parade lineup being formed in Vladivostok for Russian Navy Day
11:00 M/V “LITTLE WIND” - IMO 8863018 refused access to the Paris MoU region for the second time
10:24 Crude oil futures prices decline 0.18% to $72.92 in London and 0.34% to $68.03 in New York
10:14 Keppel Offshore & Marine bags contracts worth S$70M in Brazil and Singapore
10:06 M/V “FORWARD” - IMO 8231007 refused access to the Paris MoU region
09:58 Gothenburg port Authority starts major eelgrass replanting project
09:43 Fincantieri starts building second ship for Virgin Voyages
09:34 Baltic Dry Index gains to 1689 points

2018 July 21

13:18 High-tech automotive quality control measures installed at the Port of Southapmton
11:12 Van Oord to install innovative suction bucket foundations at Deutsche Bucht Offshore Wind Farm

2018 July 20

18:28 Fincantieri Marinette Marine: The US Gov't awards contract within the MMSC Programme for Saudi Arabia
18:12 Management of Palmali to pay backdated wages to crews of four vessels staying off Rostov-on-Don port
18:10 CMA CGM: new FAK rates from Asia to Pakistan - India - Sri Lanka
17:58 Crowley takes delivery of first LNG-powered ConRo ship serving Puerto Rico
16:38 Equinor UK extends Safe Boreas contract by 1 month at Marinerd
16:07 MOL hosts tour of cutting-edge car carrier on Marine Day for 360 students and families
15:21 Historical crab quota distribution principle is not effective enough – Rosrybolovstvo
15:02 Wärtsilä's BWMS successfully tested for global compliance
14:27 BP ETAP hub celebrates 20 years of production
14:02 High-tech automotive quality control measures installed at the Port of Southampton
13:29 Seadrill receives ABS MPD™ notation enabling safer deepwater drilling
13:00 Severnaya Verf lays down a longline factory vessel Gandvik-1 for fishing fleet of Karelia
12:17 Icebreaking LNG carrier "Vladimir Rusanov" first call ceremony at PetroChina LNG Jiangsu Terminal
12:16 GD NASSCO shipyard gets DDG 76 drydocking contract
11:48 HELCOM shares its insights on marine litter and management of sea areas
11:23 Wärtsilä's half year financial report January-June 2018
11:02 Bunker prices continue going down at the Port of Saint-Petersburg, Russia (graph)
10:39 Gazprom to revive implementation of Vladivostok LNG and Shtokmanovsky projects
10:16 MPC Container Ships to acquire 1,740teu boxship
09:55 Brent Crude futures price up 0.28% to $72.78, Light Sweet Crude – up 0.1% to $68.33
09:18 Baltic Dry Index down to 1,657 points

2018 July 19

18:23 MPA and Port of Rotterdam Authority to continue cooperation in information exchange and R&D
18:14 DP World signs agreement to boost international trade
17:55 NIBULON launched second T3500 Project tug
17:32 IMO supports spill preparedness in the Northwest Pacific
17:10 ABB turbochargers support optimal performance and fuel efficiency for one of the world’s largest container ships
16:48 Escort vessel Yaroslav Mudriy of RF Navy’s Baltic Fleet leaves port of Cyprus
16:21 Ocean Alliance - CMA CGM to reshuffle its CIMEX 6 service
15:59 Blagoveshchensk shipyard launched hydrographic vessel Aleksandr Rogotsky built for RF Navy’s Pacific Fleet
15:26 Austal USA opens new San Diego operations office
15:04 MABUX says high volatility remains in global bunker market
14:45 Port of Klaipeda (Lithuania) handled 22.2 million tonnes of cargo in 6M'18, up 7.6% Y-o-Y
14:27 FSB Border Service explains its position as regards vessels owned by foreign entities and used by Russian fishermen
14:09 New CMA CGM's FAK rates from Asia to North Europe
14:02 The PORT OF KIEL invests in cargo handling and environmental technology
13:43 Season of icebreaker assistance in water area of port Sabetta is over from July 20
13:28 Coast Guard offloads approximately 8.5 tons of cocaine
13:04 CMA CGM: FAK rates from Asia to the Mediterranean