Rotterdam container growth expected to stall by year-end
Monday, 07.Nov.2011, 02:28 (GMT+3)
EUROPE's largest port of Rotterdam saw its container trade increase in
the first three quarters of the year by 7.7 per cent from 8,382,811 TEU
to 9,032,052 TEU, but expects growthto decline in the final quarter
because of a faltering economy.
Its tonnage reached 327 million tonnes, a 1.7 per cent increase, and was
not far off 2010's record for its total 430 million tonnes, a high of
11.1 million TEU, reported Newark's Journal of Commerce. Despite the
slowdown the Dutch port still expects overall growth for the fiscal
2011.
The growth in tonnage was attributed to growth in agriculture bulk cargo
of 7.2 million tonnes, rising 16.8 per cent and producing a slight
increase in dry bulk of 65.6 million tons, up 1.1 per cent.
General cargo increased the most at 23.6 per cent to 6.05 million
tonnes. There was an increase of roll-on/roll-off cargo to 13.22 million
tonnes, a 2.4 per cent increase. Crude oil shipments slowed at 4.5 per
cent increase to 70.6 million tonnes, and liquid bulk traffic, including
mineral oils and liquefied natural gas declined to 148.7 million
tonnes, at 3.7 per cent decrease.