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Port of Hamburg regains TEU ground in second quarter
Date:2023-09-01 Readers:
RECENT data from the Port of Hamburg highlights a consistent enhancement in container handling throughout the initial half of the year, reports London's Port Technology.

In June 2023, container volumes exhibited a notable uptick of 10.2 per cent compared to figures from January.

When assessing the cumulative performance of the initial two quarters, there's a discernible 4.6 per cent upswing in container throughput.

Typically, growth rates during this period hover around 0.6 per cent.

Cumulatively, 3.8 million TEU traversed the quays during this period, representing a decline of 11.7 per cent in comparison to the corresponding timeframe of the preceding year.

From a tonnage perspective, container throughput reached 38.7 million tonnes, indicating a 10.8 per cent decrease.

Consistent with past trends, China maintains its prominent position atop the list of top 10 trading partners.

In the first half of 2023, the country contributed 1.1 million TEU, securing its rank as the foremost trading partner.

Promising strides are also discernible in trade relations with other markets, including the Americas.

The United States ranks second among the Port of Hamburg's trade partners, bolstering its position with a 7.4 per cent growth and handling 313,000 TEU. Canada experienced a growth of 6.7 per cent, amounting to 95,000 TEU.

Central America achieved a 6.3 per cent progress, corresponding to 108,000 TEU.

Shifting the focus to general cargo, throughput declined 11.1 per cent, reaching 39.2 million tonnes.

Terminal operators at the port managed 58.2 million tonnes of seaborne cargoes, reflecting a reduction of 5.8 per cent compared to the equivalent period in the prior year.

https://www.shippingazette.com/menu.asp?encode=eng

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