Rotterdam Port Traffic at Record Volume

July 25, 2019

The EXXON refinery at the port of rotterdam (File Image / CREDIT EXXON)
The EXXON refinery at the port of rotterdam (File Image / CREDIT EXXON)

Trade volumes at the port of Rotterdam reached a record in the first half of the year, as Europe's largest port handled more container goods and imports of oil and liquefied natural gas (LNG).

The Dutch port was cautious about prospects for the rest of the year, however, as international trade tensions and the uncertainty surrounding Brexit look set to curb traffic in the months to come.

"Relations between the world's major trading blocs remain strained and there is ongoing uncertainty about the introduction of trade tariffs post-Brexit", port CEO Allard Castelein said on Thursday.

"Given the global uncertainties, the Port of Rotterdam Authority expects a slight weakening of the growth in cargo throughput in the second half of 2019."

The Rotterdam port, which handles around 40 million tonnes of goods to and from Britain every year, has repeatedly warned about the consequences if Britain does not secure a negotiated withdrawal from the European Union, fearing massive traffic jams and a weakening of international trade.

Castelein said in March the port had created emergency overflow parking spaces for up to 700 trucks, in anticipation of backups caused by Brexit.

Total throughput in Rotterdam grew 3.4% in the first six months of the year, to a record 240.7 million tonnes, as container traffic increased 5%. Rising imports of U.S. oil pushed crude oil traffic up 3%. (Reporting by Bart Meijer; Editing by Jason Neely and Mark Potter)

Logistics News

Baltic Container Terminal Handles Longest, Largest Vessel to Call at Gdynia Port

Baltic Container Terminal Handles Longest, Largest Vessel to Call at Gdynia Port

DP World Completes Dredging Milestone for Senegalese Container Port

DP World Completes Dredging Milestone for Senegalese Container Port

Vessel Sinks Week After Being Struck by Russian Fire

Vessel Sinks Week After Being Struck by Russian Fire

Red Sea Shipping Slows After Houthi Attack on Saudi Arabia

Red Sea Shipping Slows After Houthi Attack on Saudi Arabia

Subscribe for Maritime Logistics Professional E‑News

JetBlue changes its fare structure to reflect the benefits of segmented pricing
What has been attacked by Ukraine in its attacks on Russian energy sites?
Irish Continental's London share price jumps on $1.37 billion buyout by management