Port of Hamburg Reports Strong Growth So Far in 2019 

port of Hamburg

Port of Hamburg Reports Strong Growth So Far in 2019

Mike Schuler

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November 21, 2019

Photo: HHM/ Michael Lindner

The Port of Hamburg saw solid development in the initial 9 months of 2019, with seaborne freight throughput increasing by 3.2 percent to 104 million lots,

At that price, Hamburg goes beyond the development price of contending ports in north Europe, which typically have actually reported simply one percent development, according to the Port ofHamburg

Container quantities at Germany’s biggest port has actually raised of 6.9 percent to 7 million TEU thus far in 2019 many thanks to brand-new transatlantic as well as Baltic feeder solutions. The transatlantic solutions, run by Hapag-Lloyd as well as ONE, link Hamburg with ports in the united state, Canada as well as Mexico.

The development in containerized freight assisted Hamburg reclaim some market share from rivals whose development balanced 3.4 percent.

Notably, in the initial three-quarters of the year, 439,000 TEU were taken care of on container solutions with the United States, Hamburg’s 2nd crucial trading companion, for a breakthrough of a strong 325 percent contrasted to the very same duration in 2018.

“Including the existing liner services, in Hamburg we can offer port customers a total of 14 direct links with 29 ports in the USA, Mexico and Canada,” claimed Ingo Egloff, Joint CHIEF EXECUTIVE OFFICER of Port of Hamburg (HHM). “An additional 15 feeder and liner services in the first nine months provide a clear indication that the Port of Hamburg is now even more attractive for shipping and shippers.”

During the initial 3 quarters, the variety of phone calls by supposed huge containerships (TEU ability > > 18K) raised to18.3 percent to 123. With the beginning of the growth for delivery networks on the Lower as well as Outer Elbe, Egloff sees Hamburg as established on the best training course for future development.

Hinterland rail web traffic saw double-digit development of 11.9 percent, while bulk freight saw a minor dip of 2.1 percent thus far in 2019.

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