• 2019 October 21 11:36

    Port of Rotterdam posts Q3 2019 results

    The port of Rotterdam handled 112.4 million tonnes of freight during the third quarter of 2019, the company said in its release. This means a total of 353.5 million tonnes has been transhipped up to the end of the third quarter. Compared with the previous year, this represents a 1% increase in cargo handling. Volume growth was mainly driven by containers, crude oil, LNG and biomass. There was a reduction in the transhipment of coal and mineral oil products.

    Allard Castelein, Port of Rotterdam Authority CEO: ‘In the third quarter we again saw healthy growth in terms of containers, one of the Port Authority’s strategic spearheads. What is worrying, however, is that the relationship between the world’s major trading blocs remains strained, as does the continuing uncertainty about the introduction of trade tariffs after Brexit.’

    Dry bulk

    A total of 55.9 million tonnes of dry bulk was transhipped up to the end of the third quarter. That is a fall of 1.4% compared to last year.
    Iron ore transhipment grew by 2% to the end of the third quarter. This growth mainly took place during the first six months of the year. The faltering economy in Germany has led to less transhipment in recent months. Steel companies were hesitant about replenishing stocks. The main reason for this is the downturn in car production. Transhipment of energy coal fell sharply after a strong start in 2019, caused by the low price of coal at the time. This downturn was due to the sharply declining share of coal and lignite in German power generation and due to maintenance work at the Maasvlakte power stations. Biomass continued to grow strongly (+84%) as a result of increased co-firing in coal-fired power stations. Transhipment of agricultural bulk remained virtually unchanged from last year.

    Liquid bulk

    By the end of the third quarter, the transhipment of liquid bulk totalled 159.5 million tonnes. This was almost equal to last year’s volume.
    The transhipment of crude oil was above last year’s level in all three quarters, an increase of 2.8%. There was more supply because the refineries in Rotterdam and Antwerp - which are supplied through Rotterdam - increased production after the investments made in plants over recent years.
    The mineral oil products segment showed a downturn of more than 10%. This is the result of greatly reduced global trade in fuel oil, a trend that has been ongoing for a number of years. Within the mineral oil products sector, a slight increase could be seen in the transhipment of other fuels, such as diesel.
    LNG continued to grow strongly. The increase up to and including the third quarter amounted to 46% due to higher European consumption of gas produced in the Atlantic region. Previously, this gas was often sold in Asia.
    In the remaining liquid bulk category, more than 11% more was handled to the end of the third quarter. This rise was predominantly attributable to biofuels.

    Containers and break bulk

    Up to and including the third quarter, the transhipment of containers was 3.3% higher in terms of tonnes than it had been in the previous year (3.8% measured in TEUs). This growth mainly took place during the first six months of the year, levelling off in the third quarter. This was caused by an overall slowdown in the growth of global trade and a fall in short sea volume of freight being shipped to the Eastern Mediterranean.
    Other breakbulk grew by 4.4% up to the end of the third quarter. There was an increase across the breadth of several traditional markets, such as aluminium, steel and paper, but heavy cargo and special projects such as hulls for inland vessels also resulted in more tonnes.
    Roll on Roll off (RoRo) charted an erratic course that was strongly influenced by a possible Brexit. In the run-up to the initial Brexit date, a lot of additional stocks were piled up during the first quarter. After the postponement of Brexit to 31 October, volumes then decreased in the period April-August. The expectation is that this growth will continue to pick up in October in the run-up to the new Brexit date.




2019 November 17

16:12 Port of Dover wins ESPO Award 2019
14:47 Aker Solutions and leading operators join forces to qualify subsea gas separation
14:12 Wight Shipyard Co to build an innovative hybrid CTV for CWind
12:42 PSA Marine and Wartsila join hands to tackle climate emergency
11:38 A.P. Moller-Maersk improves operational profitability
10:15 ABS and Arista launch smart shipping journey

2019 November 16

16:42 Team Tankers International Ltd. announces Q3 2019 results
15:02 GasLog places NOK 900M of senior unsecured bonds due 2024
14:23 BTG and GoodFuels preparing for major investment in bio-refinery to support shipping’s low carbon fuels demands
13:41 Third L-class delivered in China
12:32 Seaspan to purchase a fleet of six containerships on long-term charter for $380 million
11:28 Mammoet inks agreement with Port of Coeymans Marine Terminal to strengthen presence along East Coast
10:18 Metal Sharks delivers pilot boat duo to BCMT

2019 November 15

18:09 Coast Guard medevacs cruise ship Aida Perla passenger just off Ponce, Puerto Rico
17:48 Sovcomflot reports its results for third quarter and nine months of 2019
17:23 Wärtsilä and PSA Marine collaborate to achieve clean energy shipping
17:15 Bollinger Shipyards contracted to build ocean transport barge
17:00 Composit supports 7th International Forum of Dredging Companies as its Sponsor
16:57 Ulstein unveils its concept of the first hydrogen powered offshore vessel
16:36 RF Government separates positions of Deputy Transport Minister and head of Rosmorrechflot
16:14 IMO holds training on impacts of anti-fouling systems and ships’ biofouling on marine environment
15:39 Norway boosts IMO's GreenVoyage-2050 GHG project
15:11 New Wärtsilä Expertise Centre provides value-adding lifecycle support
14:57 LUKOIL commissions phase three facilities at Filanovsky field
14:30 NSR cargo traffic totaled 26 million tonnes year-to-date, up 63.5% YoY
14:13 Georgia Ports Authority up 3.5 percent to 428,400 TEU in October 2019
13:13 Diana Shipping announces direct continuation of time charter contract for m/v Medusa with Cargill
12:51 Multipurpose Reloading Complex reports 4-fold increase of allocations for environment protection to RUB 11.5 million
12:32 ABI Research: Commercial fleets looking to tech to accelerate ROI in the face of rising costs, competition, and uncertainty
12:13 Port of Oakland names Danny Wan Executive Director
11:28 ESL Shipping participates in Intelligence Hunt
11:00 CMA CGM to apply GRI from Canada West Coast to worldwide destinations (Excluding EU, Russia & USA)
10:41 Delft Dynamics, Next Ocean and Damen perform qualification test in North Sea
10:40 Gremyashii corvette of RF Navy’s Nothern Fleet to be tested in White Sea
10:16 Training ship Perekop of RF Navy's Baltic Fleet arrives in Republic of Myanmar
09:54 Bunker prices go down at the port of Saint-Petersburg, Russia (graph)
09:39 MABUX: Bunker market this morning, Nov 15
09:32 Brent Crude futures price is up 0.45% to $62.56, Light Sweet Crude – up 0.51% to $57.06
09:13 Baltic Dry Index is up to 1,364 points

2019 November 14

18:19 French Prime Minister Edouard Philippe inaugurates CEVA Logistics’ new headquarters in Marseille
18:00 Boosting handling of cargo bound for Arctic considered as strategic development vector of Murmansk Commercial Seaport
17:41 Port of Liepaja (Latvia) handled 5.92 million tonnes of cargo in 10M'2019, down 5.1% Y-o-Y
17:20 Gasunie, EBN, Port of Amsterdam and Tata Steel work together on the development of a CCUS project in the North Sea Canal area
16:49 Hung Hua Construction of Taiwan orders third Fast Crew Supplier this year to support offshore wind ambitions
16:36 Main engines loaded onto second serial ship of PV22 project at Nevsky Shipyard
16:15 Hapag-Lloyd announces rates from East Asia to North Europe and Mediterranean
15:59 Yevgeny Savkin appointed as General Director of Novyie Kommunalnyie Tehnologii in Ust-Luga port
15:15 The ICS and ECSA call for immediate and effective intervention after yet another attack in the Gulf of Guinea
15:12 Restoration of 90 year old Amsterdam bridge by Niron Staal
14:43 Expert forecasts scrubbers to consume some 600,000 barrels of heavy fuel per day in 2020
14:14 Norway boosts IMO's GreenVoyage-2050 GHG project
13:32 Sea Port of Saint-Petersburg invested RUB 630 million in development in 9M’19, up 53% YoY
13:11 MOL earns AIP for design of bow wind-shield, ultra-large containership
12:30 Bunker prices are flat at the Far East ports of Russia (graph)
12:04 CMA CGM announces FAK rates from Asia to the Middle East Gulf
11:23 Aleksey Rykovanov appointed as General Director of Murmansk Commercial Seaport
11:01 Arista Shipping starts the path to smart shipping operations with an ocean data agreement with ABS
10:39 RF Government supports expansion of Murmansk Transport Hub capacity to 65 million tonnes by 2035
10:16 MABUX: Bunker market this morning, Nov 14
10:02 WesCom Signal and Rescue goes green at METSTRADE 2019