Antwerp Port on Track to Sixth Record Year

Shailaja A. Lakshmi
Wednesday, October 24, 2018

Throughput continues to register growth in the Port of Antwerp. After record semi-annual figures, the total throughput after nine months stands at 177,026,550 tonnes – a sharp 6% increase compared with the same period last year.

A press release from the company said that with these results, the port seems to be on track for the sixth record year in a row. The recent wave of investments moreover confirms the port’s appeal and reaffirms its role as a world player.

Container traffic registered robust growth yet again, up by 7.1%  (98,436,773 tonnes) compared with the first nine months of 2017. In terms of Twenty-foot Equivalent Units (TEUs), throughput grew by 6.8%, to 8,333,523 TEU.

All shipping areas registered growth, both imports and exports, with the sole exception of exports to Central America which registered a slight drop.

Throughput for the largest shipping area, Europe, registered the strongest growth: 12.4%. Throughput for North America grew by 8.2% and for Asia by 2.2%.  Imports from China after 8 months stand at the status quo more or less, while exports are 6.7% lower.  Owing to the Chinese import ban on old paper and plastic waste, export of full containers to China declined and more empty containers are exported.

Jacques Vandermeiren, CEO, Antwerp Port Authority: “2018 is already a peak year for our port. Not only because of the record figure that we can present yet again, but also because of the wave of investments in recent months.  The decision of major players in the chemical industry such as Borealis, Ineos, Nippon, Sea-Mol and Oiltanking/AGT to opt for Antwerp confirms and reaffirms our strong appeal as the largest chemical cluster in Europe.”

Categories: Logistics Container Ships Bulk Carriers People & Company News Ports

Related Stories

AD Ports Group Secures $115m Financing to Advance Safaga Terminal

Klaipėda Port Launches Procurement Process for Expansion

Mecad USA Selects Oklahoma’s Port of Catoosa for US Headquarters

Current News

US Approves License for Texas Deepwater Oil Export Port

Zelim Appoints Mike Collier as Sales Director

Roll Group Expands Fleet with Two Heavy-Duty Deck Barges

La Spezia Container Terminal Enhances Safety During Port Crane Inspection, Maintenance

Subscribe for Maritime Logistics Professional E‑News