News Content
Rotterdam's quarterly box volume falls 3.9pc to 3 million TEU
THE Port of Rotterdam's volumes were flat in the first quarter of 2016 compared to the same period last year, after the total volume of cargo handled rose by 0.2 per cent, to 116.9 million tonnes.
The volume of containers handled declined by 3.1 per cent year on year, to 31 million tonnes, and by 3.9 per cent to three million TEU.
"The lack of growth in this sector can mainly be attributed to unfavourable economic developments in China, Russia and Brazil. In addition, fewer empty containers were shipped to foreign destinations, particularly to Asia (-14.5 per cent), partly as a result of the slowdown in Chinese exports," a statement from port authorities said.
"At the same time, Rotterdam saw an increase in its trade with the US, the UK, Ireland, Spain and Portugal."
An increase in the volume of, mainly, crude oil and oil products put through the port was offset by a more or less equivalent decrease in the volume of dry bulk and containers.
Port authority CEO Allard Castelein said: "The port's throughput grew by 4.9 per cent in 2015. Our ambition is to match this high throughput volume in the present year."
The volume of containers handled declined by 3.1 per cent year on year, to 31 million tonnes, and by 3.9 per cent to three million TEU.
"The lack of growth in this sector can mainly be attributed to unfavourable economic developments in China, Russia and Brazil. In addition, fewer empty containers were shipped to foreign destinations, particularly to Asia (-14.5 per cent), partly as a result of the slowdown in Chinese exports," a statement from port authorities said.
"At the same time, Rotterdam saw an increase in its trade with the US, the UK, Ireland, Spain and Portugal."
An increase in the volume of, mainly, crude oil and oil products put through the port was offset by a more or less equivalent decrease in the volume of dry bulk and containers.
Port authority CEO Allard Castelein said: "The port's throughput grew by 4.9 per cent in 2015. Our ambition is to match this high throughput volume in the present year."
Latest News
- For the first time, tianjin Port realized the whole process of dock operati...
- From January to August, piracy incidents in Asia increased by 38%!The situa...
- Quasi-conference TSA closes as role redundant in mega merger world
- Singapore says TPP, born again as CPTPP, is now headed for adoption
- Antwerp posts 5th record year with boxes up 4.3pc to 10 million TEU
- Savannah lifts record 4 million TEU in '17 as it deepens port
