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2010 November 18   09:20

Port of Hamburg container turnover to rise over 11% in 2010 - chief executive

The Port of Hamburg is expected to see box turnover growth of over 11% in 2010, according to Claudia Roller, chief executive of the port of Hamburg’s central marketing agency Hamburg Hafen Marketing. This outlook is a result of positive figures recorded for the first three quarters of the year. Container throughput through the port reached 5.9 million TEU's (twenty-foot equivalent container units) for the period.
The port has also seen an overall turnover growth of 8% in comparison to 2009 to 89.4 million tonnes.
Following a  weak first quarter, the German seaport has benefited from new services being introduced, as well as the fact that lines have restarted a number of services between Hamburg and the Far East.
The number of boxes transported between Hamburg and China — the port's largest trading partner— rose 18% in comparison to last year.
This trend was echoed in volumes bound for Russia, which increased by 25.5% during the first three quarters of 2010, a notable rise in the comparative growth of 15.7% recorded during the first half of 2010.
September was the port's single strongest month in the container segment, where turnover saw growth of 25.1% reaching 744,000 TEU's.
Bulk handling volumes rose by 6.9% to 29.2 million tonnes, and has been put down to a rapid increase of iron ore imports, which increased by a phenomenal 91.2%.

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