• 2018 May 18 17:44

    Port of Hamburg posts Q1 2018 results

    This year’s first-quarter throughput total was notable for a rise in conventional general cargoes, a lower figure of bulk cargoes, a stable trend in container handling and distinct growth on container transport services by rail, the company said in its press release.

    In the first quarter of 2018, the Port of Hamburg achieved total throughput of 32.7 million tons (down 7.5 percent). In Hamburg this heading covers general cargo throughput of 22.7 million tons (down 1.8 percent) and bulk cargo throughput of 10.0 million tons (down 18.2 percent). In the bulk cargo throughput segment, it was impossible to match the fresh record throughput total of 12.2 million tons achieved in the first quarter of 2017, with markets causing downturns in all three sub-segments: suction, grab and liquid cargoes. On the import side, general cargo handling at 11.5 million tons was ahead by 3.1 percent. At 11.2 million tons (- 6.3 percent), exports were somewhat weaker. The trend on conventional general cargo throughput proved highly satisfactory. Totalling 370,000 tons, first-quarter throughput here rose by 14.3 percent, maintaining the upward trend started in the fourth quarter of 2017. Container handling in the first quarter of 2018 remained stable at 2.2 million TEU (down 1.9 percent), only just below the comparable figure for the previous year. At 612,000 TEU, container transport by rail achieved a notable advance of 4.1 percent. Hamburg extended its leading position as Europe’s largest rail port.
     
    At 1.9 million TEU (up 0.7 percent), the first-quarter trend for total seaborne container throughput of loaded boxes in Hamburg was once again positive. By contrast, handling of empty boxes was again lower. First-quarter throughput of these in Hamburg totalled 252,000 TEU, a downturn of 18.0 percent. “A glance at handling trends for first-quarter handling of loaded and empty containers indicates that on the one hand, the Port of Hamburg still continues to gain cargoes, but on the other has to accept a sharp drop in the volume of empty containers. Against the background of the not yet implemented adjustment of the fairway of the Lower and Outer Elbe, shipowners are primarily using their slot capacities on ULCVs calling at Hamburg for loaded boxes. With general cargo volume almost equally balanced between import and export tonnage, Hamburg is extremely attractive for shipowners aiming for optimal utilization of their vessels. Whether for import or export, a mass of cargo beckons in Germany’s largest port. By contrast with loaded boxes, empty ones are less port-related and routing these is therefore a more volatile process,” explains Axel Mattern, Joint CEO of Port of Hamburg Marketing.

    On the main sea trade routes, Hamburg’s container services with North America East Coast, Eastern Europe (Baltic) and India/Pakistan are still subject to downturns. Among the trades where container services performed distinctly better than in the first three months of the previous year were East Asia (North), South America East Coast, North America West Coast, and North East & West Africa. “China is by a wide margin the Port of Hamburg’s most important trading partner. We can report a distinct advance of 4.5 percent in container traffic with the Peoples’ Republic. Substantial growth also occurred on container services with Brazil (up 37.7 percent), Sweden (up 38.5 percent) and Israel (up 63.8 percent). New or expanded liner services between Hamburg and these countries are one reason for the positive trend,” said Ingo Egloff, Joint CEO of Port of Hamburg Marketing.
     
    Preliminary data indicate an upswing in first-quarter transhipment services by feedership in Hamburg. At 829,000 TEU, the figure for transhipment boxes handled in Hamburg was down by 3.6 percent on the first quarter of 2017. Of this fall, 94 percent was attributable to empty box handling. The landside seaport-hinterland traffic achieved a stable result of 1.3 million TEU in the first quarter. Container transport by rail made excellent progress. In the first three months 612,000 TEU were transported on Port of Hamburg rail services. This represented an advance of 4.1 percent, underlining Hamburg’s leadership as Europe’s No. 1 rail port.

    Around 13 percent of all German rail freight traffic starts or ends in the Port of Hamburg. Offering 2100 container train services per week, Hamburg is extremely well connected with all Germany’s most economically active regions, as well as those elsewhere in Europe and China.




2018 June 18

18:12 Azerbaijan Caspian Shipping Company takes part in TransCaspian/Translogistica 2018
17:57 Legislative amendment promotes automatisation tests in maritime transport with regard to manning and watchkeeping
17:35 First major forum on the new Silk Road organised by the Port of Marseille Fos
17:05 Aker Solutions teams up with SAP for next steps in digitalizing its business
16:45 HMM signs Letter of Intent for its mega containership orders
16:24 Victor Olersky handed in his resignation notice
16:18 European Council extends sanctions on Crimea and Sevastopol for another year
16:05 DryShips announces agreements to sell two older Panamaxes
15:40 Tuapse Commercial Seaport elected seven BoD members
15:33 Poland holds World Maritime Day Parallel Event
15:13 IMO member states must progress on key sulphur cap issues at critical meeting in July
14:59 Average wholesale prices for М-100 HFO down to RUB 17,923 in RF spot market
14:13 Navios Maritime Containers announces acquisition of five containerships and options to acquire four additional containerships
13:35 Maersk launches a new line to the Middle East from Fos
13:00 Aker Arctic demonstrates autonomous vessel in model tests
12:36 ABB to improve Edda Fides floating hotel safety with leading digital technology
11:47 Freeport of Riga Authority and Port of Rotterdam Authority sign cooperation agreement
11:24 Port of Tallinn signs MoU with the City of Tallinn for development of the Old City Harbour area
11:01 Dorian LPG Board declines BW LPG'S unsolicited proposal
10:25 Brent Crude futures price down 0.76% to $72.88, Light Sweet Crude – down 1.73% to $63.73
10:12 Capital Product Partners L.P. announces new period charters for four of its product tankers
10:03 Port of Silloth invests £250,000 in new solar farm on Marshall Dock
09:41 Fishers fatalities give impetus to fishing vessel safety work
09:18 Baltic Dry Index up to 1,445 points

2018 June 17

18:40 Port of Oakland's largest terminal operator OK new lease to 2027
18:38 GoodBulk Ltd. announces delivery of Capesize vessel
18:32 Navios Maritime Partners announces sale of containership and options to sell four additional containerships

2018 June 15

18:35 Hapag-Lloyd implements Peak Season Surcharge from Mediterranean to USA
18:05 Wallenius Wilhelmsen Ocean adds Adelaide on the Australia service
17:54 Throughput of port Kaliningrad in 5M’18 up 12% Y-o-Y to 6.05 million tonnes
17:35 GTT conducts two FEED studies on two types of Gravity Based System
17:20 Throughput of port Vyborg in 5M’18 up 22% Y-o-Y to 610,900 tonnes
17:05 Port of Koper officially part of the New Silk Road
16:40 Yantar Shipyard launches yet another trawler of Project SK-3101R
16:35 Port of Long Beach volume up to 687,427 TEU in May 2018
16:05 Royal IHC joins PortXL
15:45 Throughput of port Vysotsk in 5M’18 declined by 3% Y-o-Y to 7.49 million tonnes
15:22 Main phase of Nizhegorodsky hydrosystem project obtains state expert approval
15:21 VTG FastTrack makes ad hoc transportation from the Port of Hamburg possible
15:00 Vopak opens new rail infrastructure in the port of Antwerp
14:21 Royal IHC and IHC IQIP sign memorandum of agreement with SOIC
14:09 DNV GL issues first type approval for aluminium cables onboard ships
13:16 Throughput of port Primorsk in 5M’18 down 18% Y-o-Y to 22.63 million tonnes
12:48 Bunker prices are down at the Port of Saint-Petersburg, Russia (graph)
12:27 Innovative solution for lowering of ship emissions tested in the port of Rotterdam
12:23 LUKOIL commissions third well at Filanovsky field second stage
11:59 Throughput of port Ust-Luga in 5M’18 down 1% to 41.48 million tonnes
11:31 Throughput of Big Port St. Petersburg up 16% to 24.73 million tonnes in 5M’18
11:02 Lloyd’s Register and TWI launch Fullagar Technologies
10:30 Kotug Smit Towage performs naming ceremony for Damen tugs Rotterdam & Beagle
10:24 Brent Crude futures price down 0.14% to $75.83, Light Sweet Crude – down 0.09% to $66.83
10:02 Seaports of Ukraine handled 54.3 million tonnes of cargo in 5M’18, down 2.1% Y-o-Y
09:40 Throughput of Russian seaports in 5M’18 grew by 2.7% Y-o-Y to 328.4 million tonnes (detalization)
09:19 Baltic Dry Index up to 1,433 points

2018 June 14

18:03 CMA CGM announces FAK rates from East Mediterranean ports to Gulf and Red Sea
17:47 Throughput of port Kavkaz in 5M’18 up 37% Y-o-Y to 15.34 million tonnes
17:33 APL unveils new China Southeast Asia Service 8
17:30 Specifications of products to be rated as manufactured in Russia will be updated
17:03 Pasha Hawaii receives new refrigerated containers as part of container replenishment program
16:48 State Duma approves federal law on setting rouble prices for services offered in Russian seaports (document)