• 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 September 20

18:41 Vostochny Port joins Coordinating Council on Trans-Siberian Transportation as its permanent member
18:22 IAA PortNews offers photo release from 'Development of Icebreaking and Support Fleet' conference held on NEVA 2019 zero-day
18:05 Global Ship Lease announces new five-year $268 mln credit facility for debt refinancing
17:24 Vostochny Port’s harbour services fleet presented at dedicated conference in Saint-Petersburg
17:05 F. A. Vinnen places entire fleet with Verifavia Shipping & Rina for IHM services
16:50 Helsinki Shipyard (Finland) to build two liners for polar cruises
16:35 COSCO SHIPPING Ports announces disposal of interest in various port assets and possible disposal of Taicang Terminal and Jiangsu Petrochemical Terminal
16:21 ABB presents electric power and propulsion solutions for icebreaking vessels at NEVA 2019
16:05 Port of Los Angeles protects overall clean air gains
15:19 Port of Riga rapidly increases volume of handled wood pellets
14:53 South Korean port to slash passenger vessel emissions with ABB shore power
14:15 Krasnoye Sormovo launches Pola Pelagia, dry cargo carrier of Project RSD59З, for Pola Rise
13:30 Damen Shipyards Group is ready to ensure construction of electric water buses for rivers and canals of Saint-Petersburg and Russia
13:12 MSC Cruises and Fincantieri unveil further details of MSC Seashore at coin ceremony
12:24 Victor Olersky sees promising future of electric river passenger ships in Saint-Petersburg and in Russia
12:09 Algoma Central Corporation announces agreement to acquire Croatian-built vessel
11:28 Specifications for 0.50% sulphur fuels and the PAS from ISO: IBIA explains
11:09 GTT obtains Approval in Principle from Bureau Veritas for the Mark III Flex technology on ice-breaking LNG carriers
10:52 IBIA and S&P Global Platts collaborate to help shipping industry comply with IMO 2020
10:31 Workshop for training on emergency response, preparation and planning held in Manila
10:09 Van Oord and Shell test the use of biofuel on trailing suction hopper dredger HAM 316
09:50 State Duma ratifies Convention on the Legal Status of the Caspian Sea
09:33 Brent Crude futures price is up 0.20% to $63.73, Light Sweet Crude – up 0.98% to $58.7
09:25 Lloyd’s Register, China Merchants, GTT, CNOOC, DSIC form jv to design LNG-fuelled VLCC
09:17 Baltic Dry Index is down to 2,192 points
08:58 MABUX: Bunker Market this morning, Sept 20

2019 September 19

18:04 Bibby Marine Services takes the next step to optimize walk-to-work operations
17:56 Marinet approves Poseidon maritime cyber security project
17:37 American Ethane reveals plans to order 17 VLECs
17:34 Wärtsilä’s Board of Directors decided on the distribution of the second dividend instalment
17:22 Marinet approves T2OT project for high accuracy positioning of seagoing vessels
17:04 VARD secures advanced stern trawler contract with Luntos
16:50 Average wholesale prices for М-100 HFO down to RUB 14,328 in RF spot market
16:34 Zeebrugge port authority invests in new 1,071 meter quay wall
16:04 RINA to classify Swedish Maritime Administration fleet
15:53 Marinet set to establish exports support center in Finland in 2020
15:34 MacGregor secures orders worth more than EUR 20 million for projects in Europe and Asia
15:05 Wärtsilä foresees a lower result for 2019
14:31 North Pole ice-resistant platform presented by Admiralteiskie Verfi at NEVA 2019
14:09 ABS announces LNG Cargo Ready notation for ethane carriers at Gastech 2019
13:46 Hyundai Heavy Industries receives AIP for new LPG carrier design
13:03 Bunker prices go up at the Far East ports of Russia (graph)
12:40 ABS and AEC сollaborate on newbuild VLEC fleet
12:17 Murmansk Sea Fishing Port handled 171,200 tonnes of cargo in 8M’2019, down 28.5% Y-o-Y
11:58 PortNews-TV offers video on naming ceremony for PortNews tanker
11:36 International symposium on Anthropogenic Underwater Noise held in Hamburg on 10 September
11:09 LR awards DSME AiP for 98,000 m3 VLEC design with High MnA steel tank
10:42 Ships of RF Navy’s Caspian flotilla take part in Tsentr 2019 maneuvers
10:09 Singapore and Panama ink MoU to strengthen maritime relations
09:51 Brent Crude futures price is up 0.20% to $63.73, Light Sweet Crude – up 0.33% to $58.23
09:49 MABUX: Bunker market this morning, Sept 19
09:33 Baltic Dry Index is down to 2,266 points
09:18 ABS grants AIP for two next generation gas carrier designs

2019 September 18

18:26 SGRE confirmed member of the Dow Jones Sustainability Indices in 2019
18:03 MOL repays existing loans through issuance of project bond for FPSO charter project
17:48 Russia’s Rosmorrechflot and Ministry of Industry and Trade develop preferential leasing programme
17:30 Vympel DB develops concept design for Arctic cruise ship
17:22 Metal Shark delivers new foil-assisted catamaran excursion vessel to Pure Florida
17:11 US Coast Guard shifts response efforts in Bahamas
17:03 ECSA considers the European State Aid Guidelines for maritime transport highly successful and key to maintaining a strong European shipping sector