• 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 February 21

18:12 Digitization of KN: paper is no longer used in the operation of Klaipėda LNG terminal
17:48 NIBULON Shipyard is about to launch second non-self-propelled open type vessel
17:17 CMA CGM announces Emergency Space Surcharge from North Europe, Scandinavia & Poland to West Med, East Med, Adriatic & North Africa
16:59 New roll trailers put into operation at Bronka port
16:04 AS Tallink Grupp’s wholly-owned subsidiary AS Hansatee Cargo merged with Group’s wholly-owned subsidiary AS Tallink
15:25 Russia's Main Department of State Expertise approved adjusted design documentation under Nord Stream 2 project
15:02 OCEAN Industries orders MAN Propulsion Packages for Royal Canadian Navy tugs
14:13 Diana Shipping announces time charter contract for m/v Coronis with Koch and cancellation of the sale of a Capesize dry bulk vessel
13:01 COSCO SHIPPING Lines provides water and rail transport services
12:40 Wärtsilä LPG Fuel Supply System the first ever to undergo engine testing
12:12 ABS to class world’s largest B-Tank VLECs by Jiangnan
11:30 Coronavirus disease 2019 – IMO urges no unnecessary delays to ships
11:09 World’s first LPG-retrofit order exercises option for four additional engines
10:44 MABUX: Bunker market this morning, Feb 21
10:43 Biofouling demands collective, urgent and ‘proactive’ approach, stresses Bellona
10:09 Cod farming set for rebound as savvy investors rush to back Norcod
09:55 Bunker prices are slightly down at the port of Saint-Petersburg, Russia
09:43 GTT acquires Icelandic company Marorka, an expert in Smart Shipping
09:35 BlueWater Reporting closely monitoring blanked sailings amid coronavirus outbreak
09:34 Brent Crude futures price is down 0.73% to $58.88, Light Sweet Crude – down 0.61% to $53.55
09:16 Baltic Dry Index is up to 480 points

2020 February 20

18:27 SMOOTH PORTS Partners met and discussed in Livorno
18:07 UNIIQ invests in Tetrahedron’s innovative crane for next-gen wind turbines
17:52 RF Navy’s Admiral Kasatonov frigate left for Barents Sea to continue testing
17:30 Evergreen issues notice for reefer cargo to Shanghai、Ningbo and Xingang, China
17:17 Tersan Shipyard (Turkey) delivers lead crab catching and processing ship of Project ST184
17:00 West Africa Container Terminal to commence Phase 2 upgrade
16:53 Port of Rotterdam increases sales of LNG and VLSFO
16:53 Indonesia hosts new national workshop on maritime security risk
16:29 UN agencies collaborate to promote seafarers’ rights treaty
16:04 INOK TM and Admiral Makarov SUMIS sign agreement on cooperation
15:38 Rosmorport reports on its icebreaker support in Russian seaports as of February 17, 2020
15:11 Rosmorport changes tariffs for services offered at the seaport of Kaliningrad
14:47 BIMCO joins Japan to regulate carbon intensity of existing ships
14:25 ESPO published its Position Paper on European Green Deal objectives in ports
14:02 CHIMBUSCO starts to supply China-produced low sulphur bunker oil to international ships
13:43 Top-level speakers announced for Unmanned Maritime Systems Technology 2020 in London
13:20 Throughput of Russia’s river ports fell by 11.6%, from 143.1 million tonnes in 2010 to 126.5 million tonnes in 2019
13:01 BC Ferries names and christens the first two Island Class ferries
12:46 Bunker prices are flat at the Far East ports of Russia (graph)
12:31 National Marine Dredging Company and Royal IHC launch TSHD GHASHA
12:08 Port of Baku and Tamiz Shahar cooperate on environmental issues
11:48 Hapag-Lloyd improves operating result by more than 80 percent in 2019
11:41 Port of Gdynia widens its internal entrance to 140 m
11:15 CMA CGM announces PSS for exports from East Russia
10:52 Russian Maritime Register of Shipping introduces new scheme of oil and gas equipment approval
10:24 Main contractor Damen and more than a hundred companies contribute to Combat Support Ship
10:24 MABUX: Bunker market this morning, Feb 20
09:53 Ships of RF Navy’s Baltic Fleet left for Atlantic to perform combat training tasks
09:35 Brent Crude futures price is up 0.32% to $59.31, Light Sweet Crude – up 0.45% to $53.73
09:14 Baltic Dry Index is up to 465 points

2020 February 19

18:37 Eni launches hull for Coral Sul FLNG in offshore Mozambique
18:06 Port of Rotterdam aims to become the most sustainable biorefinery in Europe
17:52 NOVATEK’s 2019 profit grew 5.3 times YoY to RUB 865.5 billion
17:31 Royal IHC launches TSHD GHASHA for National Marine Dredging Company
17:28 Wärtsilä and Carnival achieve real-time data exchange between ship and port
17:06 Jan De Nul finishes deepening works in the Port of Maputo
16:46 Port of Hamburg seaborne cargo throughput up 1.1 percent to 136.6 million tons in 2019
16:42 PM Yury Borisov backs RF Transport Ministry’s proposal to assign cargo to Russian-flagged and Russian-owned vessels
16:13 Boston Ship Repair gets Navy's $14.3M contract