• 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 June 24

18:05 Training Montenegro to combat oil spills
17:50 Four cruise ships visit the Port of Riga at the same time
17:27 Finnish Government proposes supplementary appropriation of EUR 40 million for basic infrastructure management
17:05 Austal delivers third guardian class patrol boat to the Australian Department of Defence
16:47 Incat Crowther announces contract to design a 65m catamaran passenger ferry
16:46 Construction and operation of dual-fuel ships has low economic efficiency – USC President
16:45 Maersk Drilling completes sale of jack-up Mærsk Giant
16:24 USC set to build floating electricity-generating facilities running on LNG supplied by bunkering ships
16:03 Van Oord and Mammoet enter into cooperation with scale-up Verton
15:45 United Shipbuilding Corporation to launch the first LNG-powered ferry for Ust-Luga – Baltijsk line in late July
15:30 United Shipbuilding Corporation establishes USC-Propulsion and USC-Interior subdivisions
15:03 MOL signs deal on a long-term charter contract to utilize "MOL FSRU Challenger" for Hong Kong Offshore LNG Terminal Project
14:42 New USC Vice-President, Civil Shipbuilding, to get into office on 10 July 2019
14:21 USC expects its Astrakhan cluster to build 12 river-sea class ships per year
14:03 Yang Ming announces new China-Thailand direct service
13:37 Port of Rotterdam Authority to collaborate with four new companies
13:25 Igor Vasilyev appointed as Acting General Director of FTI Rostransmodernizatsiya
13:02 ARIES gained ABS Certification: Middle East 1 st Remote Inspection Techniques specialist
12:20 BC Ferries releases year-end results
12:10 Keel laid for the first of Damen’s revolutionary new FCS 7011 Crew Change
11:56 Average wholesale prices for М-100 HFO down to RUB 15,377 in RF spot market
11:29 FESCO to launch new container train to China via Far East overland route
10:58 Southern Center of Shipbuilding and Ship Repair acquired property of Krasniye Barrikady plant
10:35 Satti floating drilling unit owned by Kazmortransflot delivered to Azerbaijan
10:13 Throughput of Chinese ports grew by 4.1% to 5.5 billion tonnes in Jan-May’2019
09:53 MABUX: Bunker Market this morning June, 24
09:52 Brent Crude futures price is up 0.4% to $64.71, Light Sweet Crude – up 0.68% to $57.82
09:34 Container throughput of port Hong Kong (China) down 7.7% to 7.55 million TEUs in Jan-May’2019
09:17 Baltic Dry Index is up to 1,239 points

2019 June 23

16:29 INPEX submits revised plan of development for Abadi LNG Project
15:13 Oceanwide Expeditions: Hondius sister ship m/v Janssonius ordered for 2021
14:19 CMA CGM announces FAK rates on Asia - Pakistan, India and Sri Lanka service
13:46 Coast Guard rescues five from capsized boat in Chesapeake Bay
12:43 Danske Commodities signs 20-year PPA with Hywind Scotland wind farm
10:29 TMC sets up office to support Chinese yards

2019 June 22

15:24 AAPA selects Christopher Connor as its new CEO
12:37 TMC contracted by VARD to supply marine compressors for Viking Cruises' vessels
11:23 ABS to class first ‘tri-fueled’ vessel for Harvey Gulf
10:13 Port of Oakland steps up as ships carry bigger loads than ever
10:05 Coast Guard responds to barge aground in Naknek, Alaska

2019 June 21

18:07 Austal gets Navy's modification to littoral combat ship contract
18:04 MODEC awarded Letter of Intent by Petrobras related to Búzios 5 FPSO
17:58 Frontline announces acquisition of VLCC resale and two LR2 newbuildings
17:56 BC Ferries adds extra sailings for the summer
17:55 Maritime Anti-Corruption Network to develop Global Port Integrity Index and Scale Up Collective Action in West Africa
17:37 Siemens Gamesa receives first offshore wind preferred supplier nomination in Japan: up to 455 MW for Obayashi Corporation
17:12 Krasnoye Sormovo launches final RSD59 ship in a series four units ordered by STLC
16:38 Ships of RF Navy’s Pacific Fleet involved in exercises in the Sea of Japan
16:26 Government of Canada enters into negotiations with Chantier Davie for construction of two ferries
16:14 Standic expands with state-of-the-art chemical storage terminal in Port of Antwerp
15:50 Klaipedos Nafta announced call for Chief Executive Officer
14:27 Safety management training takes centre stage
14:26 USCG says Polar Security Cutter to be homeported at Seattle
14:03 Maersk to offer customers carbon-neutral transport
13:35 LUKOIL’s dividends payable for 2018 will be RUB 250 per ordinary share
13:15 Anthony Veder expands fleet with taking in five gas carriers from GATX
13:12 HELCOM’s Executive Secretary to step down in August 2019
12:48 Novotrans acquired stevedoring company operating Ro-Ro ferry facility at the port of Ust-Luga
12:30 Samskip fine tunes multimodal network for post-Brexit hard choices
12:11 Matson christens first Kanaloa class Con-Ro vessel 'Lurline'