Port of Antwerp’s Dry Bulk Volumes Down in the Dumps

Image Courtesy: Port of Antwerp

The Belgian port of Antwerp saw a sharp drop of 17.9 percent in dry bulk volumes as it handled 2.9 million tonnes of dry bulk cargo during the first quarter of 2016.

The decreased demand for coal resulted in a negative first quarter result in this sector, falling by 81.1 percent to 69,975 tonnes, while the volume of ore also declined by 33.9 percent to 465,796 tonnes, helping to push down the overall result for dry bulk.

On the other hand, the port saw a throughput of over 53.2 million tonnes of freight in the first three months of 2016, marking a 3.9 percent growth over the same period last year.

Antwerp handled over 2.4 million TEUs, representing a 4.6 percent rise compared to the first quarter a year earlier.

Conventional breakbulk also registered growth in comparison with last year, mostly driven by the volume of steel handled, which was up by 14.5 percent to 1.8 million tonnes. At the end of March, the total volume of conventional breakbulk stood at over 2.3 million tonnes, an increase of 2.4 percent.

The volume of liquid bulk handled jumped by 10.6 percent during the first quarter to 17.7 million tonnes, while oil derivatives surged by 17 percent amounting to 13.2 million tonnes for the same period.

On April 12, the port authorities of Montreal and Antwerp renewed their cooperative agreement during a joint trade mission in Montreal.

The first agreement, signed in March 2013, resulted in four trade missions to Montreal and Antwerp during which the ports exchanged information on sustainable development, land use, the Comprehensive Economic and Trade Agreement (CETA) between Canada and the European Union, global trends in the markets, and the development of port logistics zones.

“During our collaboration we have deepened trade relations, among other things, resulting in a network that greatly benefits both partners. Implementation of the CETA agreement will give rise to a new dimension in our cooperation,” For Luc Arnouts, Chief Commercial Officer and member of the Port of Antwerp’s Board of Directors, said.

Operated by the Montreal Port Authority (MPA), the port of Montreal handled 32 million tonnes of cargo and hosted 91,000 passengers and crewmembers at its cruise terminal in 2015.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Dec 2017 >>
MTWTFSS
27 28 29 30 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31

APM – ASIA PACIFIC MARITIME 2018

27 years in the making, APM is the premier shipbuilding & marine, workboat and offshore exhibition in Asia trusted by generations of industry professionals.

read more >

Mega Cargo Show 2018

The focus of the event is to bring all connected with cargo fraternity on a single platform…

read more >

Vietship 2018

Vietship is the largest and longest established exhibition in Vietnam featuring all aspect of Shipbuilding, Shipping and Offshore Technology.

Since its first event in 2002, Vietship has become the convergence and platform of advanced technologies regional and worldwide in shipbuilding and ship repair, marine equipment, waterway transportation and services, marine and offshore engineering.

After 16 years of eight consecutive editions, Vietship has affirm itself as an important event in enhancing cooperation and development, attracting investments, exchanging technology and creating ideal opportunities for trade promotion in the international maritime industry.

More info

read more >

LNG Bunkering Summit 2018

The conference will cover the obstacles facing both the shipping and port communities, exploring developments in conversion and new builds…

read more >