Thursday, 19 August 2010

Hamburg loses Share on 4.3 percent growth in container

Maritime News
August 19, 2010 11:13
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Hamburg loses Share on 4.3 percent growth in container

German port has strong June but lags behind recovery at Rotterdam, Antwerp Hamburg’s container traffic edged up 4.3 percent in the first half of 2010 from a year ago, as Europe’s No. 3 box port lost market share to Rotterdam

and Antwerp after double-digit volume increases at the rival ports.

But Germany’s biggest port forecast a full year increase of 9 percent
after June shipments surged 16.5 percent from a year ago.

Total cargo throughput grew 8.1 percent to 58.6 million tonnes, again
trailing Rotterdam and Antwerp.

Container traffic totalled 3.7 million 20-foot equivalent units in the
first half and is set to reach 7.7 million TEUs for the full year,
Claudia Roller, CEO of Port of Hamburg Marketing said.

Hamburg remained Europe’s top port for Asia traffic, with shipments
growing 6.9 percent to 2.2 million TEUs, driven mainly by imports from
China.

Container traffic with Russia climbed 15.7 percent to 191,000 TEUs but
failed to offset declines on feeder services to Scandinavia and the
other Baltic states.

Traffic from the Americas jumped 11.6 percent to 380,000 TEUs and Africa
shipments increased 14.7 percent to 96,000 TEUs.

Hamburg, which was Europe’s second largest container port in 2008, is
set to close the year with a shrunken market share as Rotterdam and
Antwerp have rebounded more strongly from the 2009 recession.

Rotterdam boosted box traffic by 17.7 percent to 4.6 million TEUs in the
first half of 2010 first half and Antwerp’s throughput rose 16.2
percent to 4.2 million TEUs

Source: The journal of commerce

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