The port of Antwerp has announced it has handled 53 265 552 t of freight in the first three months of 2016, which is a 3.9% y/y increase.
The container volume in TEU did particularly well with growth of 4.6%, while liquid bulk rose to new heights with growth of 10.6%. Overall, last month was the best month ever recorded in the port of Antwerp in terms of freight volume handled.
The Port Authority is naturally very pleased with these excellent growth figures but nevertheless guards against unbridled optimism in view of the continuing volatility and turbulence in the market.
The amount of dry bulk handled in the port totalled 2 943 871 t, a 17.9% decrease compared with 1Q15. In the meantime the falling demand for coal resulted in a negative first-quarter result in this sector, falling very sharply by 81.1% to 69 975 t. The planned conversion of the coal-fired power station in Langerlo (Belgium) weighed heavily on the result, but ports in general where coal is stored are faced with falling imports and declining stocks. The volume of ore handled also fell significantly, down 33.9% to 465 796 t, helping to push down the overall result for dry bulk.
Edited from press release by Angharad Lock
Read the article online at: https://www.worldcoal.com/handling/18042016/antwerp-sees-strong-start-to-2016-624/
You might also like
Peabody has published its 4Q23 results, FY23 results, and released a segment update.