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Tuesday, 15/11/2022, 21:47 (GMT +7)

1450

Port of Hamburg reports container volume fall in 2022

The Port of Hamburg reported lower cargo throughput in the first nine months of the year compared to the same period in 2021. Specifically, the German port handled 6.3 million TEUs from January to September 2022, a decrease of 2.7 % compared with the same period last year.

Port of Hamburg

Port of Hamburg (Photo: Logistics Manager)

 
Both imports and exports at the port of Hamburg fell 2.7% to 3.2 million TEU and 3.1 million TEU, respectively. During the first nine months of the year, the Port of Hamburg reported handling 5.6 million TEUs of laden containers and 726,000 TEUs of empty containers.

Meanwhile, the total volume of goods transported by sea through German ports was 91.8 million tons, down 4.3% year-on-year.

Axel Mattern, CEO of HHM (Port of Hamburg Marketing), points out: “Causing long bottlenecks in ship traffic off Hamburg, among other ports, global supply chain disruptions were responsible for a fall in handling".

He went on to add: "In other European ports, the tendency had already become apparent in mid-year. Although we still performed well on a European comparison, in the third quarter global trends then hit the Port of Hamburg."

Furthermore, in the first nine months of 2022, the number of container ships arriving at the Port of Hamburg decreased by 7.4% compared to the same period last year. However, the arrival of Megamax ships with container capacity from 18,000 to 24,000 TEU increased by 5.5%. Overall, 172 ships of this capacity called at the Port of Hamburg.

“The further increase in Megamax carriers makes it clear that we truly needed the fairway adjustment. It is now up to the Federal government to tend and maintain this. Any fall in the new draft levels is counter-productive for the Port of Hamburg," stressed Mattern. 

The port noted that the market will remain volatile for the rest of the year due to the Ukraine war, inflation in Europe and supply chain disruptions caused by port congestion.

 

Read more:

 

Source: Phaata.com (According to ContainerNews)

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