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2011 August 17   05:50

Hamburg half-year container volume up 17.4 percent to 4.3m TEUs

Container throughput at the Port of Hamburg jumped 17.4 percent in the first half of 2011 from the same six-month period last year, as carriers added new and expanded liner services consisting of larger vessels, the Journal of Commerce reported.

The volume of container handled by the port reached about 4.3 million 20-foot equivalent units, the German port said Tuesday.

In the first half, more than 10 new liner services started calling the port. Some of the new services consisted of vessel-sharing agreements and slot-chartering agreements among several carriers.

The port attributed the growth in container handling to what it called “favorable” developments in all trades, especially on the U.S. trade. The volumes of containers moving in trade with the U.S. during the first half jumped by 47.4 percent to 109,000 TEUs, moving the U.S. into ninth place from 16th among Hamburg’s leading partners for container services.

Hamburg gained two additional trans-Atlantic services in the first half, and a third North America service started at the beginning of August. Trade with all of the Americas during the first half climbed by 21.2 percent to 460,000 TEUs.

Container volume in the trades with Asia, Hamburg’s largest market region, rose 12.9 percent year-over-year to 2.5 million TEUs. Container trade with China, Hamburg‘s largest trading partner in terms of container throughput, grew by 14.7 percent to around 1.4 million TEU.

During the first half, Hamburg’s container throughput in traffic with European ports achieved above-average growth of 25.9 percent to 1.2 million TEUs.

In the first six months the fastest-growing trade consisted of the container trades with Russia, Poland and the Baltic states, with a 50.5 percent increase to 505,000 TEUs.

Container throughput with Russia alone surged by 45 percent to 276,000 TEUs, extending Russia’s position as Hamburg’s most significant trading partner for European container services, and its third largest trading partner in worldwide container traffic.

Feeder traffic with the rest of Europe via Hamburg increased more than 30 percent year-over-year in the first half, partly due to the concentration of transshipment services in Hamburg by some of the carriers.

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