• 2020 February 13 15:17

    Port of Rotterdam throughput amounted to 469.4 million tonnes in 2019

    The Port of Rotterdam saw a freight throughput of 469.4 million tonnes in 2019, fractionally higher than in 2018 (469 million tonnes), the company said in its release. Investments by the Port of Rotterdam Authority were again at a high level, with gross investments including participations amounting to €338.3 million (2018: €408.1 million). The net result excluding taxes amounted to €241 million (2018: €254.1 million).

    Significant underlying shifts were observable between the various commodities. Whereas crude oil, container, LNG and biomass throughputs increased, coal and mineral oil product throughputs decreased. Over the past year significant progress has been made with digitisation and the energy transition, in particular through the launch of PortXchange, the proposed expansion of the heat supply network, and the agreement between the Port Authority and various companies to work towards the capture, transport and storage of CO₂.

    Allard Castelein, the Port of Rotterdam Authority CEO: ‘The Port of Rotterdam has matched the transhipment volume recorded in 2018. Of course, we are working hard to further increase our leading position and are investing heavily to achieve this. However, the success of a modern port cannot be measured by throughput tonnage alone. Our customers no longer just want increased throughput capacity, but demand a better, faster and, above all, smarter port. Equally crucial for the future is that industry succeeds in accelerating the energy transition so that the Port of Rotterdam can make a real impact towards achieving the Dutch climate objectives. To help make this happen we need a decisive and proactive government that works together with the business community.’

    Liquid bulk

    Total throughput of liquid bulk in 2019 (211.2 million tonnes) was almost the same as in 2018 (211.8 million tonnes). Within this segment, crude oil throughput exceeded 100 million tonnes for the fifth consecutive year and increased by 3.9%. Investments in recent years have expanded the production capacity of refineries either located in Rotterdam or connected to Rotterdam, leading to an increase in the amount of crude oil refined in 2019. Crude oil stocks have also grown in recent months.

    The throughput of mineral oil products fell as a result of lower imports and exports of fuel oil. This downward trend over the past few years intensified in 2019 as a result of tightened global emission regulations for shipping that came into effect on 1 January 2020.

    The increase in LGN throughput was mainly due to the import of a greater proportion of the gas produced around the Atlantic ocean into Europe, instead of being exported to Asia. The increase in other liquid bulk is accounted for by the import and export of biofuels, particularly biodiesel.

    Dry bulk

    Dry bulk throughput decreased by 4% to 74.5 million tonnes (2018: 77.6 million tonnes). The fall in coal throughput was considerable (-14.8%). The share of coal in Dutch and German power generation has decreased significantly as both countries are generating more power from solar, wind and gas. Throughput of coking coal also came under pressure as a consequence of declining steel production in Germany. The annual iron ore and scrap throughput remained almost the same as in 2018. This is a good result considering the reduction in steel production in Germany. Biomass throughput increased by 62.8%, mainly due to the import of wood pellets for co-firing in coal-fired power plants.

    Containers

    Following a good start in the first six months of 2019, growth in container transhipment was almost negligible during the second six months of the year. Container throughput measured in tonnes grew by 2.5%. Measured in TEUs, the standard unit for containers, the increase was 2.1% and the annual total was 14.8 million TEUs. Economic growth in the EU declined somewhat, particularly as a consequence of reduced industrial production in Germany. Moreover, as a consequence of declining production and decreased growth in world trade, shipments from Asia were cancelled in November and December. The shortsea segment also experienced the effects of lower economic growth as well as competition with other ports.

    Roll on/roll off and other breakbulk

    RoRo transhipment increased slightly in 2019 (+0.8%) despite the uncertainties surrounding Brexit. There were, however, significant fluctuations throughout the year, with throughput peaks as a result of stock build-up in the run-up to the proposed Brexit dates of 31 March and 31 October.

    Annual throughput of other breakbulk increased by 2.9% as a result of an increase in extra cargo packages. Nevertheless, a decline in throughput was observable in the fourth quarter as a consequence of flagging German exports.

    Port Authority’s financial results

    The Port of Rotterdam Authority recorded a turnover of €706.6 million in 2019 (2018: €707.2 million). On the income side, port dues showed a slight increase and lease returns fell slightly. The net result excluding taxes amounted to €241 million (2018: €254.1 million).

    Investments made by the Port of Rotterdam Authority in 2019 were yet again at a high level. Gross investments including participations amounted to €338.3 million (2018: €408.1 million). Major investment projects included the construction of the Container Exchange Route (CER) on Maasvlakte, the rerouting of part of the Port Rail line via the Theemsweg route, and the construction of new quay walls for the Hartel Tank Terminal.

    Site lease charges, the largest revenue item, decreased by 2.2% to €365.5 million. This decrease reflects a one-off gain in 2018 as a consequence of a price revision with retroactive effect.

    Income from port dues paid by vessels when they call at the port increased by 0.6% to €304.3 million, due to a positive price effect.

    Other income came to €36.7 million (2018: €31.1 million). This increase is the consequence of increases in returns from silt storage for third parties and from sand sales. Operating expenses rose by 2.0% to €273.2 million, mainly due to an increase in labour costs resulting from collective wage rises and the new senior staff scheme. By contrast, operating expenses fell. Depreciation costs increased as a result of the relatively high investment levels in previous years.

    In line with existing agreements, the Port Authority proposes that for 2019 an amount of €98.5 million (40%) be paid in dividend to the shareholders: the City of Rotterdam (70.83% / €69.8 million) and the State of the Netherlands (29.17% / €28.7 million).

    Energy transition

    Progress has again been made over the past year with the phased redesign of the energy supply system and the stimulation of circular activities in the port, including the following:

     An agreement has been signed with companies to work in parallel on facilities for the capture, transport and storage of CO₂ (Porthos)
     Significant progress has been made with the heat network pipeline to Westland and The Hague
     Black Bear Carbon has established a new production location to produce colourings from old tyres
     uRecycle® has started construction of a new factory for both the recycling and reuse of batteries
     The largest wind turbine on Maasvlakte has become operational
     The shore power trial for coasters on Parkkade




2020 April 5

14:33 Huntington Ingalls Industries awarded $1.50 billion contract for the construction of LPD 31
13:27 PGS completes acquisition on Kwanza Shelf and releases fast-track data
12:13 Viking launches new channel VIKING TV with daily cultural content
11:29 Crowley tugs work together to load LP Odyssey launch platform for offshore ship transfer
11:06 APL announces arrangement for cargo bound for Chittagong
10:14 U.S. Navy selects HII to provide logistics support for surface ships and submarines

2020 April 4

16:41 Bollinger delivers the 38th FRC Harold Miller to the USCG
15:21 APL announces new LSS as from May for Trans-Pacific eastbound market
14:47 Viking announces Mississippi River cruises
13:34 Iridium partner Globalsat equips Argentine Navy’s Fortuna III yacht with Iridium Certus® Service
12:23 BlueWater Reporting posts report on COVID-19’s impact on China’s box volumes, economy
11:08 Torqeedo's milestone 100,000th electric drive goes to Spirit Yachts

2020 April 3

18:42 Concordia Damen nominated to build new, sustainable training vessel for STC Group
18:27 Diana Shipping announces time charter contract for m/v Alcmene with Cargill
18:07 Breakbulk Europe to take place from 29 September to 1 October 2020
17:51 Northern Sea Route cargo traffic in 3M’2020 totaled 7.83 million tonnes, up 7.7% YoY
17:28 ECSA Board: Shipping industry keeps Europe running but will need more EU support to recover
17:14 Tallink continues transporting passengers on Tallinn-Helsinki route
16:50 GT Morstoy completed slope protection under LUGAPORT project
16:25 World Maritime University stays connected in uncertain times
15:46 FESCO provided agent services for vessel delivering platform of Sea Launch spaceport to Primorye Territory
15:22 Rosmorport's Azov Basin Branch carries out measures to prevent COVID-19 spread
14:57 New bunker alert service available for BIMCO members
14:33 NUTEP recognized as best in Basic business activities nomination of Best Stevedore contest
13:49 DeloPorts continues to operate despite quarantine and days off in Russia
13:24 AS Tallink Grupp published its statistics for March and first quarter of 2020
13:01 Zeebrugge Port Authority facilitates extra ground for port users in need due to corona crisis
12:40 Crisis caused by Covid-19 brought changes and highlighted new opportunities for port of Riga
12:18 Sea Port of Saint-Petersburg JSC arranged testing of its employees to detect coronavirus
12:15 Ocean Yield ASA announces delivery of modern dry bulk vessel with long-term charter
11:52 Vladimir Solodov appointed as Acting Governor of the Kamchatka Territory
11:00 Samherji Holding granted an exemption from mandatory bid obligation in Eimskip
10:49 Сorvettes of RF Navy's Baltic Fleet completed training anti-submarine missions at sea
10:21 Brent Crude futures price is down 4.51% to $28.69, Light Sweet Crude – down 5.73% to $23.87
10:00 Bunker prices continue falling at the port of Saint-Petersburg, Russia
09:42 Viking Line continues service in the Baltic Sea
09:36 Yury Bezdudny appointed Acting Governor of Nenets Autonomous Area
09:18 Baltic Dry Index is flat at 624 points
09:09 MABUX: Bunker market this morning, Apr 03
08:33 Ocean Network Express issues its first electronic Bill of Lading

2020 April 2

18:27 FSL Trust completes disposal of crude oil tanker
18:07 CMA CGM announces that this Low Sulphur Surcharge is not applicable
17:54 Aleksandr Tsybulsky appointed as Acting Governor of Arkhangelsk Region
17:31 MAN Energy Solutions's low-speed, dual-fuel engines pass 1,000,000 operating hours
17:16 VARD secures contract for one stern trawler for Framherji
16:59 DHT Holdings announces time charters for six of its VLCCs
16:30 Navigation season opens on the Lower Volga
15:48 PGNiG commences operations at Klaipėda LNG Reloading Station
15:15 World’s largest and most efficient krill trawler to be designed by Wärtsilä
15:13 SMM: Shipping industry steers towards digitalisation
14:49 Bunker prices show no considerable changes at the Far East ports of Russia (graph)
14:26 Vitol Group establishes foothold in Singapore bunker operations
14:02 A.P. Moller - Maersk completes acquisition of Performance Team
13:37 Law ranking heavy fuel oil as medium distillate comes into effect
13:14 Hapag-Lloyd announces GRI from East Asia to East Coast and West Coast of South America, Mexico, Caribbean and Panama
12:52 Covid-19: Passenger transportation by seaborne transport and traffic of small-size ships banned in Crimea
12:25 ABP update: port operations remain open for business
12:01 ABS expands remote survey services
11:28 IMO urges keyworker exemptions for crew changes and repatriations
11:18 Tallink Grupp’s vessel Victoria I to make two return trips on Tallinn-Helsinki-Tallinn route on 2-3 April