• 2020 October 27 14:10

    Port of Gothenburg posts results for January-September 2020

    Freight volumes at the Port of Gothenburg have remained stable, despite the ongoing effect the Covid-19 pandemic is having on world trade, the company said in its release. Container volumes remain unchanged while other segments are regaining lost ground following the downturn earlier in the year. This can be seen from the volume report for the year to September.

    Container volumes in TEUs (twenty-foot equivalent units) were stable through to September this year. The fall of nine per cent for the third quarter came about at mid-year. Although Swedish industry managed to maintain momentum during the spring, the Covid-19 reaction finally filtered through during the summer months, with a subsequent impact on the number of containers passing through the port.

    “The outlook has been brighter since September and that will definitely be the case in the months ahead. Despite obvious concern about a possible second wave of the pandemic and the reverberations, higher volumes are forecast, the market is beginning to shape up, and we expect to close the year in the black,” said Elvir Dzanic, Gothenburg Port Authority chief executive.

    By national and international standards, container handling at the Port of Gothenburg continued to hold its own. Figures published by the industry organisation Ports of Sweden show that the port has increased its share of the Swedish market by two per cent this year. The ten largest European ports have took an eight per cent fall on average during the first half of the year.

    The number of ro-ro units handled through to September was down 11 per cent on the same period in 2019. Even though the year started off with a slump, the third-quarter figure (-6%) is a tentative sign that the negative curve is levelling off.

    New vehicle handling at the Port of Gothenburg fell by 19 per cent during the first nine months. The fall in the wake of Covid-19 was mainly during the second quarter with handling volumes down by almost half. Despite the recovery during the third quarter, year-on-year figures reveal a decline of eight per cent.

    Handling of energy products was up by three per cent for January-September compared with the same period last year. The increase can be attributed to large-scale stockpiling of energy products during the spring. However, stockpiling has slowed during the autumn, and the situation has been compounded further by low margins at the refineries. Handling during the third quarter fell by 26 per cent compared with Q3 2019.

    Covid-19 had the greatest impact on passenger traffic, both cruise and ferry. The summer peak season for both segments failed to materialise. This is reflected in a 66 per cent fall in ferry passengers through to September.

    The Port of Gothenburg was among the first in Europe to receive cruise ships since the pandemic brought everything to a standstill. The first ships called at the port in September, albeit subject to restrictions and with only a limited number of passengers on board. Further calls are scheduled for the coming months.




2020 November 27

18:27 First full-flow ballast water management system to receive Chinese Flag and CCS Type Approval
18:05 CLdN adds 2nd call on Zeebrugge - Cork route
17:47 Seagoing vessels mooring at North Sea Port will now pay a single tariff for the entire cross-border port area
17:26 FESCO delivered extra heavy power equipment from Russia to Bangladesh
17:05 LR, Anemoi and SDARI join forces on rotor sail designs
16:39 Interested parties invited to submit offers on development of deepwater terminal in Świnoujście
16:14 Sea-Cargo starts new freight service via Gothenburg
15:50 Yantar shipyard delivers new trawler of Project SK-3101R
15:48 Mikki Koskinen elected as the new Chairman of Finnish Shipowners’ Association
15:36 Head of Delo Group outlined tasks for updated composition of TransContainer BoD
15:15 IHM Certification for UK flag ships subject to PSC inspection at EU ports
14:48 IADС continues partnership with organizers of Hydraulic Engineering Structures and Dredging Congress
14:14 Wilhelmsen awarded funding for Singapore 3D printing project
13:59 World Maritime University and Batumi State Maritime Academy signed MoU
13:33 Bunker prices recover in the Far East ports of Russia (graph)
13:14 Fully integrated Wärtsilä Hybrid Solution selected for new Misje Rederi bulk carriers
12:50 BW Lilac to deliver its first LNG cargo to Klaipėda LNG terminal
12:25 Russian Maritime Register of Shipping takes part in ROOGD-2020
12:01 The world’s first LPG-fuelled vessel has set sail
11:31 Port of Southampton to open new cruise terminal for 2021 season
11:07 DEME awarded the prestigious Abu Qir port project in Egypt
10:44 Main engines loaded on General Chernyakhovsky ferry being built by Rosmorport’s order
10:17 Austal Australia cuts metal on third of six cape class patrol boats for Royal Australian Navy
10:15 2020 season of shipping through Volga-Baltic locks is over
09:51 Equinor and partner reach financial close on world's biggest offshore wind farm
09:36 Baltic Dry Index as of November 27
09:31 MABUX: Bunker Market this morning, Nov 27
09:22 Oil prices decrease on uncertainty over OPEC+ deal

2020 November 26

18:31 Port of Houston is now the number one port in U.S. in terms of total waterborne tonnage
18:00 Port of Rotterdam to embark on 100 innovative pilot projects
17:51 RF Navy’s frigate Admiral Gorshkov performs tests in the White Sea
17:27 DFDS and its partners apply for EU support for development of hydrogen ferry
17:24 Rosneft conducts stratigraphic drilling on Arctic shelf
16:59 RF Navy's corvette Boykiy completed missions in the English Channel
16:27 RF State Duma approves lifting the ban on storage of agricultural chemicals in ports
16:03 MacGregor reaches OnWatch Scout milestone
15:25 APM Terminals Gijon responds to doubling of container volumes
14:58 Western Shipyard boosts its vessel repair capacity
14:33 Keppel secures contract worth about S$100 million for FPSO project
14:29 EU funds to dredge the navigation channel up to -15 meters in Klaipeda Port
14:02 BC Ferries to trial two ship service on Campbell River – Quadra Island route
13:48 Andrey Severilov elected as Chairman of FESCO BoD
13:30 The Danish Armed Forces and DFDS enter into an agreement on providing ships for the transport of military equipment
13:22 MPA invites market specialists to join its International Safety@Sea Webinar Series
13:02 Fincantieri with the fishing association “Federpesca” to revive the national fishing economy
12:24 Rosneft completed survey and design stage of the project to a port in Sever Bay
12:01 APM Terminals Apapa continues equipment investment programme
11:31 Huntington Ingalls Industries awarded contract for construction of first two Columbia-class submarine modules
11:06 Aquila Power Catamarans rolls out its redesigned sport power catamaran
11:06 Maqta Gateway and TruKKer to collaborate on digital truck booking services through “MARGO”
10:55 New Alfa Laval CM wireless condition monitor boosts process uptime while protecting plant equipment
10:26 BPA: Gov't one year spending review
10:04 Volvo Penta’s transformation for the marine commercial professional of today and tomorrow
09:50 50 vessels and up to 100 drilling units to service Vostok Oil project
09:27 MABUX: Bunker Market this morning, Nov 26
09:24 Oil prices rise close to the level of March
09:10 Baltic Dry Index as of July 7
09:01 BPA calls for government to back a better connected Britain

2020 November 25

18:53 US to impose tough Port State Control measures on Cyber risk management
18:37 CMA CGM to launch SEAPRIORITY EXPRESS service connecting Yantian with Los Angeles