• 2024 April 19 14:55

    Port of Rotterdam total cargo throughput up 2.0% to 3.3 million TEUs in Q1 2024

    Total throughput at the Port of Rotterdam fell by 1.4% in the first quarter of 2024 compared to the same period last year, according to the company's release. In the first three months of this year, throughput amounted to 110.1 million tons compared to 111.7 million tons in the first quarter of 2023. The decline was mainly due to a decrease in transshipment of coal, crude oil and petroleum products. The volume of processing of iron ore, scrap and LNG has increased. Container shipping also grew by 3.3%.

    Bulk cargo throughput decreased by 4.5% compared to the first three months of 2023. The main reason for the decline is a sharp reduction in coal transshipment. Two million tonnes less coal was handled than last year due to lower demand for thermal coal to generate electricity from coal-fired power plants. As German steel production increased, iron ore imports also increased. The strong 93.7% growth in other dry bulk segments is distorted by the fact that there was a capacity adjustment in the first quarter of 2023. The same applies to the 23.9% drop in the agricultural cargo segment. On an unadjusted basis, throughput in the agricultural cargo segment decreased by 10.9%. Other dry cargo showed a decrease of 16.8%. Another segment of dry cargo is raw materials used in energy-intensive industries. Production in these sectors remains low as energy costs account for a significant portion of production costs.

    Throughput of liquid cargo decreased by 3.1% to 52.6 million tons. The decrease by 1.6 million tons was caused by a decrease in Throughput of crude oil, petroleum products and other liquid cargo. Refinery margins in northwestern Europe are good, resulting in efficient refinery utilization and crude oil inventories at almost the same levels as in 2023. However, demand for oil products this quarter was lower than in the first quarter of 2023, when there were many imports to replace Russian oil products. Throughput of LNG, as a source of natural gas, again increased by 3.6% to 9.1 million tons.

    The container segment is showing a slight increase in throughput for the first time in three years. Throughput in tonnes showed an increase of 3.3% (from 31.5 million tonnes to 32.5 million tonnes) and in TEUs (standard unit for containers), throughput increased by 2.0% to 3.3 million TEUs. The situation in the Red Sea led to a significant decrease in the number of ships (24.5%) and volumes of shipments from Asia (-13.7%) in January and February due to delays and missed sailings. Adaptation to changed flight schedules initially led to the necessary adjustments to the logistics chain. Overall freight demand was largely unaffected. Now this situation is under control. Significantly more ships arrived in March (11.5%) and volumes from Asia recovered. Volumes in other supply areas also showed positive results. This is supported by a cautious economic recovery and lower inventories. Feeder traffic from Rotterdam to Mediterranean seaports also shows significant growth (29.0%). Since ships pass through the Cape of Good Hope, bypassing ports, cargo destined for the region is sent from Rotterdam to Mediterranean ports via feeder ships.

    The total throughput of the bulk cargo market segment (Roll-on/Roll-off and other bulk cargo) decreased by 1.9% to 7.8 million tons. RoRo throughput fell 3.8% to 6.3 million tonnes compared with the first quarter of last year as UK supply volumes continue to struggle to recover. Other breakbulk supplies increased by 7.4% to 1.5 million tons.




2024 May 27

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2024 May 26

15:16 Fincantieri is awarded contract from the US Navy for the fifth and sixth Constellation-class frigates
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2024 May 25

15:33 Bahri could be buyer of four VLCCs with $480 million
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2024 May 24

18:00 MSC resumes Far East – Baltimore service
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16:47 S. Korea slaps sanctions on 7 N. Koreans, 2 Russian ships for illegal trade with Russia
16:24 COSCO Shipping plans to build 120 ships worth $4.5 billion
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11:40 The port of Piraeus receives permission to continue dredging from the State Council
11:05 Eastern Shipbuilding Group awarded contract to construct Fisher Island Ferry
10:49 Huangpu Wenchong receives contract for up to eight methanol-fuelled bulkers
10:28 Cadeler signs installation vessel reservation agreement for upcoming wind farm installation projects
09:58 ScanOcean launches renewable biodiesel fuel
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2024 May 23

18:00 Cadeler places order to build its third A-class vessel
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17:12 The fire engulfed approximately 600 square meters of metal waste on industrial premises at the port of Hamburg
16:57 Hapag-Lloyd resumes CGX service between China, West Africa and Germany
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15:32 Inmarsat launches combined VSAT, LEO and LTE managed connectivity service
14:52 Dominican Republic, Oman and Saudi Arabia join the International Transport Forum
14:21 Canada’s TMX pipeline expansion to boost Asian crude oil trade
13:44 Norwegian Cruise Line expands its presence across Asia Pacific, Australia and New Zealand with over 30 new itineraries
13:21 Canadian Coast Guard issues $15,000 fine for a hazardous vessel
13:18 MABUX: Bunker Outlook, Week 21, 2024
12:51 Dunkerque LNG launches a request for interest for its Small Scale LNG services
12:11 SITC signs a strategic cooperation framework agreement with Fujian Port Group
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11:03 Hapag-Lloyd upgrades sea shuttle service between Ukraine and Romania
10:30 Japanese companies complete the early stages of a cross-industry project to create a secure data exchange system between shipyards and shipowners
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2024 May 22

18:01 Sea-Intelligence: Avg. minimum transit time up 39% on Asia-MED
17:46 Kongsberg Maritime announces energy-efficient upgrade for Solstad’s Normand Sentinel
17:23 FMC launches investigation of the impact of Canadian regulations on U.S.-flag carriers
16:59 Dataloy Systems launches groundbreaking widgets at Breakbulk Rotterdam
15:34 Pyxis Tankers announces JV agreement to acquire modern dry-bulk vessel
15:32 Vympel unveils two concepts of a universal dry bulk / container carrier of Project 00111 Belomorets
14:25 LR awards Approval in Principle to Seaspan Corporation for next generation feeder ship design
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13:22 HD Hyundai Marine Solution builds ship smartcare center in Busan
12:42 BBC Chartering takes delivery of first “LakerMax” newbuilding, MV BBC LEER
12:16 Copenhagen Port of Malmo and Green2x enter into a partnership to design and operate a biofuel production plant
11:58 Aker BP extends Deepsea Nordkapp firm contract to end 2026
11:20 Echandia secures an order for the delivery of battery systems to a Northern European ferry operator
10:43 Asso.subsea and Nexans join forces on historic Celtic Interconnector Project
09:59 EST-Floattech supplies Octopus battery systems to Wight Shipyard for river Thames