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

Paris MoU Tackles Fraudulent Certificates

Paris MoU Tackles Fraudulent Certificates

BHP and GCMD Trial B100 Blend in Existing Supply Chain

BHP and GCMD Trial B100 Blend in Existing Supply Chain

Lakes U.S. Limestone Trade Down in May

Lakes U.S. Limestone Trade Down in May

Ivory Coast Reports Strong Cocoa Exports Ahead of El Niño Impacts

Ivory Coast Reports Strong Cocoa Exports Ahead of El Niño Impacts

Subscribe for Maritime Logistics Professional E‑News

Sources say that the CPPIB in Canada and Czech EPH are potential buyers of Uniper.
BHP, Australia's BHP, explores ship biofuel made from animal fat and cooking oil
Middle East Airlines safety audit launched in Lebanon amid complaints from pilot groups