Rotterdam Cargo Lags Due to Coronavirus

by Anthony Deutsch
Wednesday, March 18, 2020

The Port of Rotterdam, Europe's largest, expects the flow of goods over the whole of 2020 to be "clearly below 470 million tonnes last year" as the coronavirus epidemic spreads across the continent, spokesman Leon Willems said on Wednesday.

The outbreak of the virus in China had been seen cutting 2 million tonnes off monthly goods traffic. The impact will be far greater as Europe's economy is hit, Willems said.

"We had said that every month the outbreak continued in China that would trim 2 million tonness off cargo throughput. We now also have lower economic forecasts for the EU, indicating a contraction of 1% instead of 1.5% growth. So, for the whole of 2020, we will be considerably below the initial forecasts," Willems said.


(Reporting by Anthony Deutsch, editing by Louise Heavens)

Categories: People & Company News Ports Shipping Cargo

Related Stories

Exxon, BP, Vitol Ship Record Volume of US Oil Products to Australia in March

Port Houston Sees February Volume Increased by 4%

Built on the Rivers: Aimee Andres and the Expanding Role of America’s Inland Ports

Current News

Explosion Forces Shutdown of Valero’s Port Arthur Refinery

Wattlab Scales Up Solar Power for Bulkers

African Bunkering Hubs Gain as Ships Reroute Around Cape

Two India-Bound Tankers Pass Through Strait of Hormuz

Subscribe for Maritime Logistics Professional E‑News