Port of Antwerp-Bruges registers slight growth despite challenges

After nine months, container throughput is down 8.8% in tonnes and 5% in TEUs compared to the same period last year. The decline is the result of the ongoing disruption of container logistics and the effects of the conflict in Ukraine. Containers are still not rotating sufficiently due to congestion and this is resulting in the throughput of full containers falling, while that of empty containers is rising. Although operational challenges are slowly diminishing, the still heavily disrupted container liner shipping is not forecast to return to normal until 1Q23.

Conventional breakbulk grew by 9.7%. While steel outflows are holding up well, steel supply volumes are showing a downward trend as a result of high inventories and falling demand. Despite a declining trend in the throughput of wood and building materials, these product groups, like fruit, are still recording growth.

Roll-on/roll- off traffic saw an increase of 8.1%. Throughput of new cars increased 8.5%, mainly due to strong arrivals from China. In contrast, the number of second-hand vehicles and trucks is down 7.3% and 17%, respectively. Unaccompanied cargo (excluding containers) grew by 13%.

Growth in the dry bulk segment (+21.5%) is primarily fuelled by growth in the transport of coal. The increased demand for coal for power generation translated into throughput of 2.43 million t compared to 364 000 t in the same period last year. Throughput of iron ore is showing growth, while scrap metal, sand and gravel show a decline and other building materials remain status quo. Although both fertilizer inflows and outflows have picked up compared 2Q22 quarter, there is still a decline from the 2021 record year (-11.8%).

The liquid bulk segment recorded an increase of 13.3%. LNG in particular is growing strongly (+66.5%). So far this year, 215 LNG ships have called at Zeebrugge compared to 121 during the same period last year. There is also growth for LPG (+30%), due to high natural gas prices, and for gasoline (+12.2%), diesel/bunker oil (+9.7%) and naphtha (+14.6%). The throughput of chemicals also continued to grow by 6.3%, but a clear decrease is particularly noticeable in the outflow due to the scaling back of production because of increased energy costs.

After nine months, Zeebrugge has welcomed 102 cruise ships with 325 406 passenger movements, up from last year when cruise shipping was largely at a standstill due to COVID-19.

Read the article online at: https://www.drybulkmagazine.com/ports-terminals/19102022/port-of-antwerp-bruges-registers-slight-growth-despite-challenges/