Growth for port in first half of 2024

18 Jul 2024 / Antwerp-Bruges, Belgium

The total throughput of Port of Antwerp-Bruges was 143.2 million tonnes in the first six months of this year, an increase of 3% compared to the same period last year.

This upward trend, which started in the first quarter driven by ​ increased demand for container transport, is now extending to other product categories as well…

…In the first quarter, container throughput recovered following a global slowdown due to economic uncertainty and inflation. This growth continued in the second quarter. ​ In the meantime, sailing around the Cape of Good Hope has become the 'new normal'. This ensured a rise in total container throughput of 6.8% in tonnes and 4.1% in TEUs (6,665,000 TEUs), compared to the first half of 2023.

Throughput volumes of conventional breakbulk also showed an upward trend. This started in the first quarter, following a weak final quarter of 2023. Despite throughput in the first half of the year being 6.2% lower than the same period last year - due to a 12.6% decrease in imports and a 4.5% increase in exports, throughput improved in the second quarter compared to the first quarter.

In the past six months, throughput of iron and steel has remained more or less stable (+0.6%), with a growth in exports (+7.4%) and a drop in imports (-3.7%). This contrasts with the first quarter, which experienced a growth in imports and a decline in exports…

…Roll-on/roll-off traffic dropped in the first half of 2024 by 5.7% – a minor improvement compared to the end of the last quarter. The congestion at the RoRo terminals persists due to the altered business model of the car manufacturers stockpiling at the ports, decreased ​ demand and delayed exports caused by sailing around the Cape of Good Hope…

…The dry bulk segment remains stable with a slight increase of 0.4% – a significant improvement compared to the 12.2% decline in the first quarter...

…The throughput of liquid ​ bulk, which experienced a slight decline of 0.7% in the first quarter, grew by 0.7% by the end of the second quarter.. …There was an increase ​ in the throughput of gasoline (+18%) and fuel oil (+10.2%)… …Liquid fuels in total experienced a slight decline (-1.1%).

During the first half of 2024, 9,906 ocean-going vessels called at the port, marking a decrease of 2.8%. The gross tonnage of these vessels fell by 4.2%.

During the first half of 2024, Zeebrugge received 270,600 cruise passengers (+8.9%) on 82 cruise ships. This represents a decrease of ​ eight cruise ships compared to last year (-8,9%), indicating an increase in cruise ship occupancy levels.

The figures confirm the resilience of the port, which is continuing to pioneer and invest in a future-proof port in challenging times…

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

Source: Extract from Port of Antwerp-Bruges press release dated 18 July 2024

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