Rotterdam's cargo throughput dips 9pc in first three quarters

CARGO throughput at the Port of Rotterdam in the first three quarters declined 8

29 October 2020 - 19:00

CARGO throughput at the Port of Rotterdam in the first three quarters declined 8.8 per cent year on year to 322.3 million tonnes, reported London's Container Management.

Container volume fell 4.7 per cent due to a weaker demand for new goods in Europe. Falling imports from Asia has been accompanied by increased export to Asia, especially meat, chemicals and timber.

Containerised exports were boosted by an improvement in Rotterdam's competitiveness in transshipments to China from Scandinavia and the Baltic.

As a result, Rotterdam repositioned fewer empties than before when imports exceeded exports. Third quarter volumes also improved compared to the preceding quarter.

'At present, it is still too early to determine whether we have left the worst behind us in economic terms,' said Port of Rotterdam Authority CEO Allard Castelein.

'Nevertheless, I am heartened by the revival of international trade flows and the resilience of our economy - in which the rate of recovery naturally depends to an extent on further developments in the COVID-19 pandemic,' said Mr Castelein.

Ro-ro was one of the hardest hit during the first three quarters due to the decreased transport of people and goods to and from the UK.

A poor second quarter was followed by a strong third quarter because of stocking up in anticipation of full Brexit on January 1.

Dry bulk volume fell 18.6 per cent year on year, but biomass throughput increased as a result of the increased demand from Dutch power stations.

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