In 2019 Port of Antwerp racked up solid development for the 7th year straight, with the products quantity up 1.3% to 238 million tonnes.

Although some sections are plainly under stress as a result of financial factors the port is making development on the whole. But this development is not simply financial: in social terms the port is additionally explaining action in favour of sustainability and also flexibility.

Growth Figures in 2019

In 2019 Port of Antwerp established additionally as a significant worldwide port. Despite boosting stress in globe profession it attained solid development this year one more time in regards to overall products quantity.

Image Credits: portofrotterdam.com

Container products specifically gotten market share (up from 27.5% to 28.2%), while the completely dry mass section for its component saw its overall quantity increase by 3.4%. In breakbulk on the various other hand, with steel as the major item, the effects of disturbance in globe were plainly really felt, causing a total tightening of 13%. In the fluid mass section also the quantity was down, by 4.4%, due generally to the stagnation in financial development and also variations in oil rates.

Launching Ramp in the direction of the future

In 2019 a solid structure was laid for the future success of Port of Antwerp and also the financial task with which it is carefully connected, with huge financial investments being revealed in the chemical and also logistics industries. In enhancement to a document financial investment of 3 billion euros by INEOS in the Antwerp chemical collection, this year additionally saw job beginning on the ECLUSE vapor circulation network. In enhancement ExxonMobil’s Delayed Coker Unit entered into procedure, and also there were various other financial investments by gamers such as BASF, Borealis and also Standic.

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Emphasis on Sustainbility

Port of Antwerp Chief Executive Officer Jacques Vandermeiren clarified: “We are using the technology and expertise that we have in the port to smooth the path towards becoming a carbon-neutral port. We are striving for a multi-fuel port where various sustainable fuels are available beside one another. In the near future we’ll be experimenting with tugs powered by sustainable methanol hydrogen. Other interesting avenues that we are exploring are Carbon Capture & Utilisation and Carbon Capture & Storage, along with ways of re-using carbon in circular processes. It is our ambition to make the sustainable transition a reality, and Port of Antwerp has a pioneering role to play here.”

Further efforrts in the direction of far better Mobility

Port of Antwerp remains to place wonderful initiatives right into enhancing flexibility, by a lot more reliable debt consolidation of products website traffic, more digitisation of the port framework and also collaborated monitoring of rail framework.

“A growing port is a port in motion, and we aim to further extend the modal shift in future. Last year 24 million tonnes of freight was carried by rail. That’s 7% of the total freight volume. We aim to double this to 15% by 2030. Pipelines too have an increasingly important role to play,” Jacques Vandermeiren ended.

Reference: portofantwerp.com