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Port of Amsterdam transhipment increases in the first half of 2019

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Dry Bulk,


Transhipment in the North Sea Canal Area of the seaports of Amsterdam, IJmuiden, Beverwijk and Zaanstad rose in the first half of 2019 to 54.1 million t, an increase of 7%. This was the result of an increase in transhipment in the first six months of this year in the port of Amsterdam by 12.3% to 45.4 million t.

In IJmuiden, transhipment fell by 12.3% to 8.5 million t, Beverwijk recorded a 23% increase to 349 000 t and in Zaanstad transhipment fell by 13.2% to 72 000 t.

Records

The increase in Amsterdam in the first half of the year was caused by both liquid and dry bulk and containers. Liquid bulk transhipment rose by 10.6% to 25.9 million t. The 13.8% increase in dry bulk was caused by an increase in the transhipment of coal (23%) and grains (21%) to 17.8 million t. The increase in coal transhipment can be attributed to exports to non-traditional markets. This is not expected to be structural. The increase should also be seen in the context of the sharp fall in recent years. Transhipment in the number of containers also increased by 35%, partly due to Samskip's short sea liner service that the port of Amsterdam focuses on.

Decreases

These records were also offset by decreases, including in breakbulk (down 20%). There was also a fall in the number of seagoing cruise ships visiting Amsterdam in the first half of the year. In 2019 this was 51, compared to last year’s 74. The introduction of the tourist tax for transit calls on 1 January 2019 led to a number of vessel owners moving to IJmuiden or Rotterdam. The number of river cruise ships that put into Amsterdam in the first half of the year was 1189, compared to 1272 a year earlier. This decrease was also caused by the tourist tax. The difference of 83 relates to transit calls, including cruise ships which, like sea cruises, are subject to tourist tax.

Remainder of 2019

Koen Overtoom, CEO of Port of Amsterdam: "After record transhipments in 2018, 2019 has also got off to a very good start. We expect the situation to stabilise in the second half of the year. The increase in coal transhipment has to do with favourable coal pricing conditions. The seasonal build-up of coal stocks later in the year is usually reflected in the transhipment figures. Last year also saw a significant decline in coal transhipment for the German hinterland due to the low water level. Growth in liquid bulk is expected to continue under the current favourable market conditions. We also expect to see further growth in general cargo."

Read the article online at: https://www.drybulkmagazine.com/material-handling/30082019/port-of-amsterdam-transhipment-increases-in-the-first-half-of-2019/

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Dry bulk shipping market