• 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.




2020 January 20

16:09 PETRONAS concludes 12-year LNG deal with Shenergy
15:41 APM Terminals signs partnership with Brasco for oil exploration support
15:25 BIMCO’s sounding board to take sale and leaseback project to the next phase
14:58 88% of comprehensive plan for upgrading and expanding core infrastructure fulfilled by 1 January 2020
14:26 Port of Kiel concludes last year with good results
14:02 Port of Tallinn reports on its most important events and projects in 2019
13:07 Geothermal energy research in Port of Rotterdam enters next phase
12:59 Pella shipyard commenced construction of two crab catching vessels of Project 03070 for the Far East
12:37 Average wholesale prices for М-100 HFO up to RUB 10,074 in RF spot market
12:11 Crews of ships of RF Navy's Primorsky Flotilla are preparing to the sea campaigns
11:05 17 Carriers and ports release Boao Cooperation Initiative 2020
11:00 IAPH welcomes new member port from Oman
10:36 MABUX: Bunker market this morning, Jan 20
10:18 Container throughput of port Hong Kong (China) down 6.3% to 18.36 million TEUs in 2019
09:55 Buenos Aires, Argentina to host LNG Latin America 2020 International Congress on 17-18 June
09:32 Brent Crude futures price is up 1.3% to $65.69, Light Sweet Crude – up 1.14% to $59.25
09:14 Baltic Dry Index is down to 754 points

2020 January 19

18:07 TORM increses its share capital due to exercise of Restricted Share Units as part of the Company’s incentive program
17:57 USCG halts illegal charter in Sarasota Bay
14:27 Torqeedo and ZF cooperate on new emission-free electric propulsion for water taxis and ferries
12:39 Kalmar delivers to Medcenter Container Terminal its 200th straddle carrier
11:43 NOC condemns calls to blockade oil facilities
10:24 Port of Oakland's 2019 container volume down 1.8% due to fewer empty boxes

2020 January 18

15:38 Port NOLA sets new container record in 2019
14:23 Port of Zeebrugge 2019 cargo throughput rose 14.2% to 45.8 million tonnes
12:03 Svitzer appoints new regional managing director for Svitzer Americas
11:51 TORM obtains $496m bank financing for the refinancing of existing debt
11:16 Kalmar’s heavy-duty terminal tractors to help Maritime Truck enhance performance at the Port of Oslo
10:52 Port of Rotterdam reports increase in LNG bunkering in 2019

2020 January 17

18:06 Safe Bulkers refinances $105.2 mln of existing loan facilities with respect to eight vessels
17:52 Construction of Borssele 1+2 wind farm off Zeelandic coast begins
17:31 Murmansk Sea Fishing Port handled 263,500 tonnes of cargo in 2019, down 20.4% Y-o-Y
17:06 Wärtsilä solutions support environmentally sustainable performance for two new MSC Cruises's ships
16:50 BIMCO expands ice information service
16:27 A record year for cruise expected at Port of Southampton
16:02 Qatargas delivers first Q-Flex LNG cargo to Summit LNG FSRU in Bangladesh
15:49 Tallink Grupp sets group-wide CSR strategy and sustainable operations goals
15:23 RUB 127.57 billion of federal budget allocations approved for construction of Leader-class icebreaker
15:02 Dublin Port unitised trade up 3.6% in 2019
14:48 Seaspan Shipyards hosts ceremonial keel laying for the Royal Canadian Navy’s future Joint Support Ship
14:30 RF Navy's Black Sea Fleet minesweeper makes planned transition from Sevastopol to Mediterranean Sea
14:14 Diana Shipping announces time charter contract for m/v Astarte with Aquavita
13:51 Turnover of DeloPorts terminals in 2019 decreased by 5% YoY to 8.3 mln tonnes
13:32 SAAM agrees to acquire 70% of Intertug, a towage operator in Colombia, Mexico and Central America
13:03 Flex LNG announces extension of the time-charter agreement for Flex Enterprise
12:37 Kawasaki Heavy Industries delivers bulk carrier FJ VIOLA
12:27 Hapag-Lloyd signs space charter agreement with Maersk and MSC on the Asia-North Europe trade
12:20 Russian Maritime Register of Shipping reports its key 2019 results
12:03 Pyxis Tankers announces completion of sale of Pyxis Delta
11:38 KHI delivers LPG carrier PHOENIX GAIA
11:29 Throughput of Vostochny Port grew by 5.2% to 25.51 million tonnes in 2019
11:03 Eagle Bulk Shipping joins Getting to Zero Coalition
10:36 MABUX: Bunker market this morning, Jan 17
10:28 NYK agrees to MoU with Northern Offshore Group on partnership for crew transfer vessel business for offshore wind power generation systems
09:56 Brent Crude futures price is down 0.05% to $64.59, Light Sweet Crude – down 0.03% to $58.5
09:33 Bunker prices go down at the port of Saint-Petersburg, Russia (graph)
09:15 Baltic Dry Index is flat at 768 points
07:18 NYK and Van Oord sign MoU to own and operate offshore wind installation vessels in Japan

2020 January 16

18:37 CMA CGM announces FAK rates from India and Sri Lanka to North Europe and the Mediterranean
18:06 CMA CGM introduces NETWORKING INTERMEDIATION SERVICES