Freight volumes continue to increase

29 Aug 2022 / Gothenburg, Sweden

The Port of Gothenburg is growing in terms of volumes and enhancing its position as the guarantor of Swedish industry’s access to the world at large – this is reflected in the Port’s reported volumes for the first half of 2022…

…At Gothenburg, the largest port in Scandinavia, 433,000 twenty-foot containers (TEU) were handled during the first half of 2022. This is a 5% increase compared with the same period in 2021.

The Port is also increasing its market share in Sweden. The Port currently accounts for 52% of the Swedish container market, compared with 48% at the beginning of last year…

…All in all, container transport activities by rail to and from the Port have increased by 10% compared with the same period last year.

The ferry and cruise segments are seeing dramatic growth, as people continue to travel more as restrictions are eased. The number of ferry passengers increased by 197% in the first half of 2022, while calls by cruise ships increased from six to 25 during the same period.

The Port’s intra-European ro-ro traffic – which takes freight by road to and from the UK, Denmark, Germany, Poland, Norway and the Central European hubs at Gent and Zeebrugge in Belgium – increased by 3% during the first half of the year, as 295,000 ro-ro units were loaded or unloaded.

The automotive industry continues to struggle with component shortages and delivery problems. This is evident in, among other things, a drop in the number of new cars registered in the EU, which fell by 14% in the first half of 2022. The Port of Gothenburg is the biggest port in Sweden for cars and handled 122,000 vehicles during the same period, this too a drop of 14%.

The flow of energy products through the Port increased by 10% compared with the first half of 2022. It is above all refineries that have increased their production, although storage of crude oil is at stable levels.

While freight volumes at the biggest port in the Nordic region continue to grow in virtually all segments, many analysts believe that Sweden is nevertheless heading into a recession. The Swedish government is expecting a slowdown in global growth, and foresees major uncertainty for the Swedish economy ahead of next year. But Elvir Dzanic, CEO of the Gothenburg Port Authority, sees some different signals based on his own perspective.

“We have quite a positive view of the situation. No one is budgeting for lower volumes, either for the rest of this year or into next year. But having said that, I’m not oblivious to the world at large… …But the signals I’m picking up from the industrial sector don’t suggest reduced production volumes, rather the opposite…

“I’m convinced that we as a port will continue to win market shares. We’re continuing to create the conditions for reduced carbon dioxide emissions, increasing our digital capacity and broadening our shipping line network. This is important for us and it’s something that creates value for our customers.”…

(For information about operations, contact GAC Sweden at [email protected])

Source: Extracts from Port of Gothenburg (www.portofgothenburg.com) news release dated 24 August 2022

If quoting any content from Hot Port News, please cite GAC Hot Port News as the source.

More Hot Port News

25 Jul 2024

Australia

New biosecurity & imported food regulatory fees
The Australian Department of Agriculture, Fisheries and Forestry has introduced new fees for biosecurity and imported food regulatory activity.
Read More

25 Jul 2024

Jawaharlal Nehru Port, India

Monsoon preparedness measures
The authorities at Jawaharlal Nehru Port are urging strict compliance with norms for monsoon preparedness following a recent incident.
Read More

25 Jul 2024

Milazzo, Italy

Terminal risk status downgraded to Orange Code
In light of the recent Stromboli volcano activities, the authorities have downgraded the risk factors at Milazzo terminal to ORANGE CODE.
Read More