• 2019 October 21 11:36

    Port of Rotterdam posts Q3 2019 results

    The port of Rotterdam handled 112.4 million tonnes of freight during the third quarter of 2019, the company said in its release. This means a total of 353.5 million tonnes has been transhipped up to the end of the third quarter. Compared with the previous year, this represents a 1% increase in cargo handling. Volume growth was mainly driven by containers, crude oil, LNG and biomass. There was a reduction in the transhipment of coal and mineral oil products.

    Allard Castelein, Port of Rotterdam Authority CEO: ‘In the third quarter we again saw healthy growth in terms of containers, one of the Port Authority’s strategic spearheads. What is worrying, however, is that the relationship between the world’s major trading blocs remains strained, as does the continuing uncertainty about the introduction of trade tariffs after Brexit.’

    Dry bulk

    A total of 55.9 million tonnes of dry bulk was transhipped up to the end of the third quarter. That is a fall of 1.4% compared to last year.
    Iron ore transhipment grew by 2% to the end of the third quarter. This growth mainly took place during the first six months of the year. The faltering economy in Germany has led to less transhipment in recent months. Steel companies were hesitant about replenishing stocks. The main reason for this is the downturn in car production. Transhipment of energy coal fell sharply after a strong start in 2019, caused by the low price of coal at the time. This downturn was due to the sharply declining share of coal and lignite in German power generation and due to maintenance work at the Maasvlakte power stations. Biomass continued to grow strongly (+84%) as a result of increased co-firing in coal-fired power stations. Transhipment of agricultural bulk remained virtually unchanged from last year.

    Liquid bulk

    By the end of the third quarter, the transhipment of liquid bulk totalled 159.5 million tonnes. This was almost equal to last year’s volume.
    The transhipment of crude oil was above last year’s level in all three quarters, an increase of 2.8%. There was more supply because the refineries in Rotterdam and Antwerp - which are supplied through Rotterdam - increased production after the investments made in plants over recent years.
    The mineral oil products segment showed a downturn of more than 10%. This is the result of greatly reduced global trade in fuel oil, a trend that has been ongoing for a number of years. Within the mineral oil products sector, a slight increase could be seen in the transhipment of other fuels, such as diesel.
    LNG continued to grow strongly. The increase up to and including the third quarter amounted to 46% due to higher European consumption of gas produced in the Atlantic region. Previously, this gas was often sold in Asia.
    In the remaining liquid bulk category, more than 11% more was handled to the end of the third quarter. This rise was predominantly attributable to biofuels.

    Containers and break bulk

    Up to and including the third quarter, the transhipment of containers was 3.3% higher in terms of tonnes than it had been in the previous year (3.8% measured in TEUs). This growth mainly took place during the first six months of the year, levelling off in the third quarter. This was caused by an overall slowdown in the growth of global trade and a fall in short sea volume of freight being shipped to the Eastern Mediterranean.
    Other breakbulk grew by 4.4% up to the end of the third quarter. There was an increase across the breadth of several traditional markets, such as aluminium, steel and paper, but heavy cargo and special projects such as hulls for inland vessels also resulted in more tonnes.
    Roll on Roll off (RoRo) charted an erratic course that was strongly influenced by a possible Brexit. In the run-up to the initial Brexit date, a lot of additional stocks were piled up during the first quarter. After the postponement of Brexit to 31 October, volumes then decreased in the period April-August. The expectation is that this growth will continue to pick up in October in the run-up to the new Brexit date.




2019 November 22

09:08 Machulez KG coordinates the large scale logistics project at the port of Cuxhaven
08:11 Maersk Tankers is set to increase its managed fleet by 11 tankers

2019 November 21

18:01 Diana Shipping announces direct continuation of time charter contract for m/v Polymnia with Cargill
17:50 Freeport of Riga Authority and province of Corrientes sign Protocol of Agreement to facilitate growth of Riga and Corrientes ports
17:23 Training ship Perekop of RF Navy’s Baltic Fleet takes course from Sri Lanka to Sevastopol
17:00 Two Sendo Liners to be entering the port of Amsterdam emission-free by 2020
16:45 Severnaya Verf lays down fourth processing trawler of Project 170701 for Norebo Group
16:28 Star Bulk reports Q3 net profit of $5.8 million
16:00 MacGregor secures complete piggy-back hatch cover order from Fincantieri Bay Shipbuilding
15:46 Danfoss Editron appoints Erno Tenhunen as new Marine Director
15:31 ECOsubsea gains further foothold in major European ports to become benchmark for sustainable effective hull cleaning
15:17 Baltic Sea Ports Administration reports readiness of 6 line and 7 port icebreakers for winter navigation season
15:00 Chart Industries joins SEA\LNG coalition
14:38 Orolia Maritime unveils new PLB with Return Link System for 2020
14:21 Amsterdam, the Netherlands, to host 8th edition of ACI’s Ship Recycling Congress on 29-30 January 2020
14:09 Nexans to provide the 225 kV power export cables for one of the biggest offshore wind projects in France
13:50 Bunker market in the Far East ports of Russia sees mixed price movements (graph)
13:28 Singapore’s First Women in Shipping Summit to be held on 20-21 April 2020
13:27 Oldendorff Carriers signs agreement with MIT on ship design
13:09 ZIM posts Q3 2019 results
12:46 5th Singapore Maritime Technology Conference to be held on 21-23 April 2020
12:35 Proman Stena Bulk and GSI sign deal for new methanol tankers
12:09 Port of Zeebrugge and Yugo sign MOU for cooperation in Lingang Overseas Modern Industrial Park
11:57 Nobel Brothers Shipyard launches small refrigerating trawler of Project Т30В, Vympel
11:09 MOL to build Japan's 1st LNG-fueled ferries : Sunflower Kurenai and Sunflower Murasaki
10:43 DNG Energy to commence LNG bunkering operations from Algoa Bay next year
10:09 Fincantieri and Ponant sign an MOA for the construction of 2 new-generation cruise ships
09:51 Container throughput of port Hong Kong (China) down 6.2% to 15.27 million TEUs in Jan-Oct’2019
09:39 MABUX: Bunker market this morning, Nov 21
09:33 Brent Crude futures price is down 0.32% to $62.2, Light Sweet Crude – down 0.25% to $56.87
09:17 Baltic Dry Index is down to 1,260 points
08:29 Port of Hamburg cargo throughput grows 3.2 percent to 104 million tons in first three quarters of 2019

2019 November 20

18:10 FESCO provided transportation of nuclear submarines’ blocks and tanker from Kamchatka Territory to decommissioning site in Primorye
17:48 Cruise ship Mustay Karim returns from successful sea trials
17:06 ECOsubsea gets permission to start offering hull cleaning services to vessels at all Dutch Ports
16:56 Tallinn Shipyard wins prestigious 2019 Safety4sea Europort Awards
16:19 Wärtsilä solutions chosen to upgrade efficiency and environmental performance of Norwegian fishing vessel
16:03 Oboronlogistics completed the delivery of inert materials and special equipment to the Novaya Zemlya
15:00 ESPO: TEN-T policy review must bring maritime links on equal footing with land links
14:09 RF Govt Transport Commission approved inclusion of 57 projects into comprehensive plan for upgrading and expanding core infrastructure
13:35 Ecosystem-based management and maritime spatial planning are furthered at HELCOM-VASAB meeting in St Petersburg
12:57 RS takes part in Transport of Russia 2019
12:02 The world’s largest wind turbine tested on Maasvlakte
11:44 WMU signs MoU with International Maritime Academy, Lebanon
11:23 Tariffs for LNG services provided by KN approved for 2020
11:02 Bureau Veritas certifies Ørsted's Borkum Riffgrund 2 offshore wind farm
10:28 Hydraulic engineering structures of Volga-Don Canal underwent reconstruction
10:25 MABUX: Bunker market this morning, Nov 20
10:05 Bunker prices are stable at the port of Saint-Petersburg, Russia (graph)
10:02 Yang Ming to launch new Southeast Asia Services
09:46 Brent Crude futures price is down 0.11% to $60.84, Light Sweet Crude – up 0.04% to $55.37
09:41 Foreship launches Hamburg business to grow in Germany
09:29 Baltic Dry Index is down to 1,304 points
09:14 CMA CGM reviewes Low Sulphur Surcharge for RoRo Med Lines

2019 November 19

18:03 Port of Piraeus throughput reaches 5 million TEU this year
17:50 BPO joins the “More EU budget for transport” coalition
17:22 Throughput of Russia’s seaports expected to grow by 3% to 850 million tonnes in 2019
17:03 Expro awarded contract extension with INPEX, offshore Australia
16:45 Gasum expands their maritime fuel supply by new Swedegas’ facility in the port of Gothenburg
16:24 IMO helps train future leaders in maritime policy