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Port of Rotterdam Handles 469 Million Tonnes in 2019

Logistic News - Published on Thu, 20 Feb 2020

Image Source: Port of Rotterdam
The Port of Rotterdam saw a freight throughput of 469.4 million tonnes in 2019, fractionally higher than in 2018 (469 million tonnes). Investments by the Port of Rotterdam Authority were again at a high level, with gross investments including participations amounting to €338.3 million (2018: €408.1 million). The net result excluding taxes amounted to €241 million (2018: €254.1 million).

Total throughput of liquid bulk in 2019 (211.2 million tonnes) was almost the same as in 2018 (211.8 million tonnes). Within this segment, crude oil throughput exceeded 100 million tonnes for the fifth consecutive year and increased by 3.9%. Investments in recent years have expanded the production capacity of refineries either located in Rotterdam or connected to Rotterdam, leading to an increase in the amount of crude oil refined in 2019. Crude oil stocks have also grown in recent months.

Dry bulk throughput decreased by 4% to 74.5 million tonnes (2018: 77.6 million tonnes). The fall in coal throughput was considerable (-14.8%). The share of coal in Dutch and German power generation has decreased significantly as both countries are generating more power from solar, wind and gas. Throughput of coking coal also came under pressure as a consequence of declining steel production in Germany. The annual iron ore and scrap throughput remained almost the same as in 2018. This is a good result considering the reduction in steel production in Germany. Biomass throughput increased by 62.8%, mainly due to the import of wood pellets for co-firing in coal-fired power plants.

Following a good start in the first six months of 2019, growth in container transhipment was almost negligible during the second six months of the year. Container throughput measured in tonnes grew by 2.5%. Measured in TEUs, the standard unit for containers, the increase was 2.1% and the annual total was 14.8 million TEUs. Economic growth in the EU declined somewhat, particularly as a consequence of reduced industrial production in Germany. Moreover, as a consequence of declining production and decreased growth in world trade, shipments from Asia were cancelled in November and December. The shortsea segment also experienced the effects of lower economic growth as well as competition with other ports.

RoRo transhipment increased slightly in 2019 (+0.8%) despite the uncertainties surrounding Brexit. There were, however, significant fluctuations throughout the year, with throughput peaks as a result of stock build-up in the run-up to the proposed Brexit dates of 31 March and 31 October.

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Posted By : Yogender Pancholi on Thu, 20 Feb 2020
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