• 2019 May 21 13:44

    Port of Hamburg posts Q1 2019 results

    Germany’s largest universal port is again on a growth path, achieving a distinct advance in the first quarter of 2019 with seaborne cargo throughput ahead by 6.0 percent at 34.6 million tons, the company said in its release. Both general cargo throughput at 23.9 million tons - up 5.4 percent- and bulk cargo throughput at 10.7 million tons - up 7.5 percent – rose substantially in the first three months. The gratifying 6.4 percent increase in container handling to 2.3 million TEU is primarily attributable to four liner services new to Hamburg and linking the Hanseatic City with ports in the USA, Canada and Mexico. A total 121,000 TEU for container transport with the USA represented an almost fourfold jump, catapulting the USA into second place among Hamburg’s top trading partners on container traffic. Twelve liner services now link the Port of Hamburg directly with 29 ports in the USA, Mexico and Canada.
     
    “The four new Transatlantic services run by ‘THE Allianz’ plus renewed growth in bulk cargo handling are putting the port on a growth path. Hamburg has now become the hub for services with the USA, Mexico and Canada,” said Axel Mattern, Joint CEO of Port of Hamburg Marketing.
     
    At around 14.1 million tons, in the general cargo segment German foreign trade with the USA now constitutes the second strongest market after China with around 21.0 million tons. “Including bulk as well as general cargoes, in seaborne cargo handling the Port of Hamburg has so far annually loaded and discharged a total of around 5.5 million tons,” said Mattern. With an average share of around 58 percent in the past five years, bulk cargoes – including agricultural produce, oil and coal – have outranked general cargoes.
     
    The first quarter of 2019 went very successful for the Port of Hamburg as a whole. Feeder traffic and landside seaport-hinterland services – at 1.45 million TEU up by 8.0 percent on the comparable figure in the previous year – also profited from the new container lines. Of the total of 2.3 million TEU handled, 865,000 TEU – up 3.8 percent – were transported by feedership to other European ports. “The positive figures for seaport-hinterland services and the transhipment field underline Hamburg’s outstanding position as a hub port. More than 100 liner services link Hamburg with more than 1,000 seaports worldwide and generate the throughput volumes that then pass inland via Hamburg for further distribution,” said Ingo Egloff, Axel Mattern’s Executive Board colleague at Port of Hamburg Marketing.
     
    Thilo Trusch, Hapag-Lloyd’s Head of Trade Management Atlantic, is sure of one thing: “Hamburg can Atlantic.” From the Hapag-Lloyd manager’s angle, pooling of Atlantic container services in Hamburg at one central terminal is very popular with his clientele. “As a rule, we offer our customers at least two sailings on our Atlantic liner services from HHLA Container Terminal Altenwerder (CTA). In Hamburg we are also pooling our feeder services and exploiting the advantages of the excellent hinterland infrastructure with around 2,100 container train services per week,” he explains.
     
    Combined with the high proportion of local and regional cargoes, the supreme efficiency of the automated HHLA Container Terminal Altenwerder (CTA), its hinterland infrastructure handling around 2,100 container block train connections that is unique in Europe, as well as the dense network of feeder links, all operate to Hamburg’s advantage.
     
    Both Port of Hamburg Marketing’s Joint CEOs welcomed the start now made on fairway adjustment and assume that this project so vital for the seaward accessibility of the port will be implemented as rapidly as possible. “For shipping companies, the fairway adjustment not only simplifies calls in Hamburg, but also facilitates larger handling volumes. Greater draft and an easier situation for passing on the Elbe will allow greater use of their ships’ transport capacity,” explained Egloff.

    Once the Elbe has been deepened, large containerships and bulk carriers will be able to transport around 18,000 tons more cargo when arriving or sailing in Hamburg. The port and its handling terminals are today already clearing mega-carriers with a slot capacity of more than 21,000 TEU. They are also far-sightedly preparing for the safe arrival and departure of even larger vessels. The Port of Hamburg, which is also Germany’s largest continuous industrial area, will also further extend its existing knowhow in the logistics field by exploiting technological progress. The Port and Northern Germany are actively positioning themselves for shipowners and shippers as a logistics region offering an attractive base with outstanding prospects for the future.

    As a broadly spread universal port, the Port of Hamburg provides more than 156,000 secure jobs in the Hamburg Metropolitan Region. The port is also an important industrial location and in generating added value of 21.8 billion euros, of immense importance for the entire German national economy.

    For 2019, the Port of Hamburg’s marketing organization is reckoning with distinct growth of between three and four percent in container traffic and a stable figure for bulk cargo handling.




2019 June 20

18:06 Inland terminals CTU in Lelystad, HOV Harlingen and Westerman Multimodal Logistics in Hasselt joined the North West Central Corridor
17:36 First European conversion of a dredger to dual-fuel LNG / MGO departs Damen Shiprepair Dunkerque
17:06 ECSA organises workshop on the shipping industry’s interests in the UN negotiations on international ocean governance
17:05 Containerships introduces its second LNG-powered ship CONTAINERSHIPS POLAR and optimizes its Baltic service
16:50 Recovery of vessel traffic in Tushino, Moscow Canal, postponed again causing ship owners’ losses
16:35 Damen Oskarshamnsvarvet Sweden achieves coveted AAA credit rating
16:18 MAN Energy Solutions, Corvus Energy and DNV GL present results of HYCAS study on hybrid power generation
16:04 Knud E. Hansen announces design of 110 m. Adventure Wind Cruise Vessel
15:34 MEYER WERFT announces handover of Spirit of Discovery
15:04 Busan Port Authority and Port of Rotterdam Authority sign contract for the issue of a five hectare site on Maasvlakte Distribution Park West
14:42 Composit participated in Dredging Summit & Expo 2019
14:25 UAE Shipping Association looks to branch out
14:03 MOL and GAIL sign charter contract for one LNG carrier
13:47 DNV GL: Building a marine supply infrastructure as part of a future hydrogen society
13:46 New generation trailing suction hopper dredger ‘Bonny River’ joins the DEME’s fleet
13:28 Helle Hammer awarded WISTA Norway’s LeaderShip Award 2019
12:50 Gazprom Management Committee reviews progress of Nord Stream 2 and TurkStream projects
12:24 Bunker prices are flat at the Far East ports of Russia (graph)
12:01 CMA CGM announces GRR from Asia to West Africa
11:36 ReCAAP ISC and Indian Coast Guard co-hosting 12th Capacity Building Workshop for Maritime Law Enforcement and Regulatory Authorities
11:11 NCSP Group’s consolidated cargo turnover for Jan-Apr 2019 increased by 0.3% to 47.6 million tonnes
10:42 Amendments to be introduced to the Water Traffic Act
10:10 Tallink Grupp connects first two vessels to shore power at Port of Stockholm in a bid to reduce environmental impact
10:09 CMA CGM announces FAK rates from Asia to the Middle East Gulf
09:46 Brent Crude futures price is up 1.81% to $62.95, Light Sweet Crude – up 1.69% to $54.9
09:27 MABUX: Bunker market this morning, June 20
09:17 Baltic Dry Index is up to 1,179 points

2019 June 19

18:14 Port of Southampton signs sister port agreement with PortMiami
18:05 Unique Wärtsilä fresh water production system offers one ton per day fuel savings
17:51 Continued rail investment at the Port of Southampton accelerates air quality improvements
17:28 PGNiG confirms production potential of Poland’s largest gas field
17:03 IMRF announces new Board of Trustees
16:40 Small-size missile ship Orekhovo-Zuyevo, Black Sea Fleet, completes tasks in the Mediterranean Sea
16:02 Hapag-Lloyd announces GRI from Asia to East Coast South America
15:39 Vympel Shipyard launched first Grachonok-class special purpose boat for Federal National Guard Troops Service
15:02 Black Sea Mediterranean Express (BMX Service) Additional Gemlik Call
14:43 Baltic Workboats announces delivery of 100m fully electric ferry
14:21 RS participates in Global Fishery Forum
14:02 MOL and Japanese shipyards design Next Generation Coal carrier 'EeneX'
13:45 Igor Sharkov appointed Director of FESCO Branch Office in Vladivostok
13:26 FESCO opens seasonal transportation to ports of Chukotka
13:02 Van Oord awarded large contract for Mozambique LNG project
12:34 NIBULON Shipbuilding and Repair Yard starts constructing vessels of new project
12:12 ICS meets in Faroe Islands
11:58 Frigate Admiral Gorhskov of RF Navy's Northern Fleet sails through Panama Canal
11:37 Ship inspection platform Idwal urges investors to carry out due diligence on asset condition as standards decline
11:19 WMU signed MOU with Higher Institute of Maritime Studies, Morocco
11:12 Damen signs Phase II contract with International Organization for Migration for nine additional SAR 1906 search and rescue boats
10:55 ABB wins system package with Keppel for dredging contractor Van Oord
10:33 Lavna coal terminal to reach design capacity of 18 million tonnes in 2022
10:00 Bunker market sees mixed price movements at the port of Saint-Petersburg, Russia (graph)
09:38 MABUX: Bunker Market this morning, June 19
09:32 Brent Crude futures price is up 0.03% to $62.16, Light Sweet Crude – up 0.22% to $54.23
09:15 Baltic Dry Index is up to 1,135 points

2019 June 18

18:36 Spotlighting IMO's actions on climate change
18:31 Transborders Energy signs joint study agreement with Kyushu Electric Power for FLNG Solution
18:06 Kim Heng Offshore & Marine Holdings signs MoU with HHC and Thaitan
18:03 Container service boost at Bristol Port
17:53 IMO and UN Environment – working together to keep the Mediterranean clean
17:36 ZIM introduces myZIM Personal Notifications