ArabianBusiness.com - Middle East Business News
Tuesday, 02 December 2008 23:19 UAE time

YOUR DIRECTORY /

Print this page Print this page | Email this to a friend Email this to a friend | Discuss this article (0 Comments) |

Port of Rotterdam breaks all records in 2007

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Wednesday, 09 January 2008
Port of Rotterdam smashed through the 400 million tonne barrier in 2007.

In 2007, the Port of Rotterdam became the first European port to break through the barrier of 400 million tonnes cargo throughput. 406 million tonnes were loaded and unloaded, an increase of 6.4% on 2006.

"With regard to both quantity and quality, 2007 was an unprecedented success. Expectations concerning throughput were well exceeded," said Port of Rotterdam CEO Hans Smits.

Buoyed by strong consumer demand for goods from China, imports at Europe's largest freight terminal increased by 4% to 300 million tonnes, while exports also rose by almost 14% to 107 million tonnes. Positive developments were seen in the throughput of mineral oil products (+24%), roll on/roll off (+24%) and containers (+10%).

Story continues below
advertisement

For the first time more tonnes of container cargo - 105 million - were transhipped than crude oil. In terms of units, Rotterdam was the first European port to pass the milestone of 10 million TEU, handling 10.8 million containers, up 12%. Records were broken across six main sectors, including mineral oil products, coal, containers, ro/ro, dry bulk and liquid bulk.

"I would like to mention the refinery sector, Shell, the Gatel LNG terminal, and the container terminals Euromax and Rotterdam World Gateway. These together accounted for almost three billion euro," added Smits.

Imports of oil products grew by 13% to 34 million tonnes and exports by 43% to 23 million tonnes. In total, a record volume of 57 million tonnes was handled, representing growth of 24% for the year.

The container terminals at Rotterdam spent the year working close to the limits of their capacity. This meant the growth was only made possible due to an improvement in productivity, including restrictions on the time spent in port by containers.

"The Port of Rotterdam is developing above the highest long-term growth scenario, but within the ‘old' physical boundaries," said Smits.

Despite working so close to capacity, the prospects for the Port of Rotterdam remain positive. The investment boom will continue and in 2008 throughput is expected to increase by 4% to at least 420 million tonnes. "Within this framework, container throughput will grow by around 10%," he added.

Print Print | Email Email | Discuss this article |


READERS' COMMENTS



Click here to post a comment


Add your Comment
All posts are sent to the administrator for review and are published only after approval. ArabianBusiness.com reserves the right to remove any comment at any time for any reason. Please keep your responses appropriate and on topic.
Name *
Remember me on this computer
Email *
(Your email address will not be published)
City
Country
Subject *
Comment *
Notify me of further comments
Security Code * Code


Please click post only once - your comment will not be published immediately.


MORE FROM ARABIANBUSINESS.COM

From  Current Issue

 EMAIL ALERTS

  1. Port of Rotterdam (Havenbedrijf Rotterdam N.V.)

  2. Transportation



EMIRATES ID DOWNLOAD

READER COMMENTS

Read all user comments >

BUSINESS FEATURES

Meeting demand

Are secondary airports needed in the Middle East, or are the projects underway in the region enough?

Design of the times

The Airbus A380 has introduced a new era of air travel, and airport interiors are reflecting a fresh approach.

GM's skid quickens as crunch raises bankruptcy threat

General Motors is waiting to learn whether the auto industry will win a new round of government loans.

BUSINESS INTERVIEWS

Weather the storm

Catherine Mayer, VP of airport services at SITA, explains the difficulties of operating on limited resources.

Turbulent times

Andrew Cowen of budget carrier Sama on how Middle Eastern airlines will fare in the coming months.

Sir easygoing

Serial entrepreneur and founder of low cost carrier easyJet Stelios Haji-Ioannou chats with Damian Reilly.

MORE FROM ARABIANBUSINESS.COM