By Alexander Whiteman (The Loadstar) - European shippers are calling for “solutions not fights” to the continuing congestion at Antwerp and Rotterdam’s barge terminals, although they are resigned that it is unlikely to be resolved before the end of 2017. Policy adviser for maritime at Dutch shippers’ council, Evofenedex, Rogier Spoel told The Loadstar that a meeting … [Read more...]
COSCO Pacific Buys Into Rotterdam Container Terminal
By Kyunghee Park (Bloomberg) -- China’s Cosco Pacific Ltd. will pay 125.4 million euros ($143 million) for shares and loans in a container-terminal operator in Rotterdam amid an overseas expansion drive by Chinese companies. Cosco Pacific will buy 35 percent of Euromax Terminal Rotterdam BV for 41.4 million euros and assume 84 million euros of debt equivalent to 35 … [Read more...]
Rotterdam Port Sees Surge in Vessel Traffic Since 2007
The number of vessels arriving at the Port of Rotterdam has increased for the first time since 2007. According to the Port of Rotterdam Authority, 29,122 sea-going vessels arrived in 2015, compared to 29,014 vessels in 2014. This represents a significant increase from 37,097 vessels, which called at the port in 2007. In addition, the number of significant accidents at … [Read more...]
Dutch “Disappointed” with EU Commission Order to Cut Port Tax Breaks
AMSTERDAM, Jan 21 (Reuters) - The Dutch Finance Ministry said on Thursday it was "disappointed" with an EU Commission order to do away with corporate tax exemptions for six ports, including Rotterdam, Europe's largest. The measure puts the Netherlands at a disadvantage, the government said in a statement, calling on the Commission to ensure fair competition. European … [Read more...]
Oil Lifts Cargo Volume at Rotterdam Port in 2015
The Port of Rotterdam saw record growth in cargo volume in 2015. Goods throughput in Rotterdam increased by a total of 4.9% to 466.4 million tonnes in 2015, growth that is almost entirely attributed to increased throughput of crude oil and oil products, the port of Rotterdam revealed Friday. The total volume compares to 445 million tonnes a year earlier. "Low … [Read more...]
Record Year for VLCCs in Port of Rotterdam
The Port of Rotterdam has reported a record number of very large crude carriers in port in 2015 helped by growth in full oil supply in northwest Europe and Russian stockpiles flowing into the region. The Port of Rotterdam Authority said Monday that in 2015, no fewer than 51 VLCCs called at the port to discharge and/or load fuel. That is 22 more VLCCs, ranging from 200,000 to … [Read more...]
Rotterdam Dockworkers Plan Strikes
AMSTERDAM, Nov 24 (Reuters) - Container workers at the Port of Rotterdam have voted to hold a series of 24-hour strikes in December and January in protest at possible job cuts, threatening to freeze the movement of goods through Europe's largest port. Niek Stam, leader of the FNV Havens union, said in a statement members of the union had voted in favour of the strikes to … [Read more...]