Port of Antwerp Bruges' quarterly figures reflect resilience
(Posted on 18/04/24)
The total cargo throughput of Port of Antwerp-Bruges amounted to 70.4 million tonnes in the first quarter of this year, a rise of 2.4% compared to the same period last year. In an ongoing complex geopolitical and macroeconomic context, this performance, driven by a return to growth in container throughput, underscores the port's resilience.
While outgoing flows of dry bulk rose by 9. 7%, incoming flows fell by 24.4%, resulting in a fall of 12.1% in the dry bulk segment. Now that the energy crisis has abated somewhat, demand for coal has fallen sharply (-68.6%). Throughput of fertilizers, the largest product category within dry bulk, has recovered since the last quarter of 2023 (+33.9%), especially in imports. Throughput of non-ferrous ores (+47.3%), and scrap metal (+5.7%) also grew. Lower demand from the construction sector affected throughput of sand and gravel (-12.5%) and cereals are increasingly being transported in containers rather than in bulk (-43.7%).
Throughput volumes of conventional general cargo also showed an upward trend again. Although throughput decreased by 7.8% compared to the same period last year, it grew by 6.9% compared to the last quarter of 2023. ? Throughput of iron and steel remained unchanged, with incoming flows growing (+1.4%) and outgoing flows falling (-3.8%). Most other goods recorded a decline compared to the first quarter of 2023.
Throughput of liquid bulk held up relatively well, recording a slight decline of 0.9%, with outgoing flows increasing by 4.2% but incoming flows falling by 4.1%. There was growth in the throughput of fuel oil (+25.2%), gasoline (+12.1%) and LNG (+10%). Despite the competitive pressure on the European chemical industry due to the high cost of energy, raw materials and labour, throughput of chemicals and naphtha rose by 5.2% and 12% respectively, thanks to a recovery in demand. Throughput of diesel recorded a drop (-40%), as did throughput of LPG (-11.5%) and liquid fuels in total (-11.4%).
After economic uncertainty and inflation led to a global slowdown in demand for container shipping in 2023, container throughput picked up again from February, with March even witnessing the best monthly throughput since March 2021. This resulted in a rise in total container throughput of 8.6% in tonnes and 6% in TEUs (3,287,000 TEUs), compared to the first quarter of 2023. Port of Antwerp-Bruges' market share in container handling in the Hamburg - Le Havre Range grew by 0.3 percentage points in 2023, to 29.9%.
Roll-on/roll-off traffic decreased by 6.9% in the first quarter of 2024. The ongoing congestion at RoRo terminals resulted in a decrease in throughput of all transport equipment (-9%). This is mainly due to lower throughput of used cars (-52.5%), as well as high & heavy (-25%), trucks (-23.9%) and new cars (-5.5%). Throughput of unaccompanied cargo (excluding containers) carried on RoRo vessels grew by 1.7%. The decline in throughput to and from the United Kingdom (-4.4%) was offset by an increase in throughput to and from Spain and Portugal (+31.5%), Ireland (+6.4%) and Scandinavia (+13.5%).
In the first quarter of 2024, 4,855 sea-going vessels called at the port, a decrease by 1.8%. The gross tonnage of these vessels fell by 2.4%.
Latest News
Euroports secures long-term future in Venice with 25-year deal
(Posted on 31/03/25)Euroports has announced the renewal of the concession for Terminal Rinfuse Venezia (TRV) at Porto Marghera... Read more
Panama Canal promotes sustainable maritime shipping with NetZero Slot
(Posted on 27/03/25)Contributing to the commitment of achieving net zero emissions by 2050, the Panama Canal authority has... Read more
Saguenay Port brings electric-driven Konecranes Gottwald MHC to Canada
(Posted on 27/03/25)The Saguenay Port Authority in Quebec has ordered a Konecranes Gottwald ESP.6B Mobile Harbor Crane for... Read more
Cas König joins North Sea Port as new CEO
(Posted on 18/03/25)North Sea Port Supervisory Body has appointed Cas König as the port authority's new CEO. Kö... Read more
Inspirational leader, Trois-Rivières Port President and CEO, Bovin to retire this year
(Posted on 12/03/25)After 19 years at the helm of the Port of Trois-Rivières and a career rich in major projects,... Read more
State-of-the-art cranes for Egyptian multipurpose cargo terminal
(Posted on 06/03/25)Abu Dhabi based AD Ports Group, an enabler of integrated trade, transport and logistics solutions, has... Read more
Call for swift implementation of Europe’s Clean Industrial Deal
(Posted on 01/03/25)The Port of Rotterdam and Port of Antwerp-Bruges have welcomed the Clean Industrial Deal, through which... Read more
Canadian Government invests $87.1M in Trois-Rivières Terminals project
(Posted on 28/02/25)The Canadian Port of Trois-Rivières is delighted to have received major funding of $87.1 million... Read more
Katoen Natie invests in four all-electric Konecranes Gottwald MHCs
(Posted on 15/02/25)Belgian logistics giant Katoen Natie has ordered four all-electric Konecranes Gottwald Mobile Harbor... Read more
AD Ports reports another year of record results
(Posted on 14/02/25)AD Ports Group, Abu Dhabi based enabler of integrated trade, transport and logistics solutions, has... Read more
