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Port of Hamburg Reports Strong Growth in H1

Image © HHM / Annette Krüger

Laxman Pai

Germany's largest universal port Port of Hamburg remains on a growth course, achieving a distinct 4.1% advance to 69.4 million tons in seaborne cargo handling in the first half of 2019.

"Especially good growth trend in the general cargo segment, up 6.1 percent at 48.4 million tons, was the main contributor to the excellent figures for total and container handling," said a press release from the third-busiest port in Europe.

The total for bulk cargo handling was just 0.3 percent lower than for last year's first half at 21.0 million tons.

The 7.5 percent increase in container handling to 4.7 million TEU is primarily attributable to the four new liner services that have linked the Hanseatic City with ports in the USA, Canada and Mexico since the start of the year.

The 283,000 TEU handled in Hamburg on container services with the USA since the beginning of the year took the United States into second place among Hamburg's most important partners for container services. The Port of Hamburg is now directly linked by a total of 14 liner services with 29 ports in the USA, Mexico and Canada.

"A total of eleven new liner services in the 2019 first half make it obvious that the Port of Hamburg has gained in attractiveness for shipping and shippers. With the start of expansion related to the adjustment of the fairway on the Lower and Outer Elbe, we are well on course for further expanding Hamburg's position as the Northern European hub for worldwide freight traffic. Apart from its trade routes with China and Asia, Hamburg has now become a hub for those with the USA, Mexico and Canada," said Axel Mattern, Joint CEO of Port of Hamburg Marketing.

Mattern is delighted that in the first half, Hamburg proved able to grow more rapidly on container traffic than the major North Range ports of Rotterdam and Antwerp.

"Even in a generally tough situation on competition, and with traffic on the Elbe still subject to restrictions, Hamburg is making up ground and gaining market share," said Mattern.

During the first half, the total number of container vessels calling Hamburg also rose. The total of 3,046 containerships berthing in the Port of Hamburg represented an increase of 3.7 percent.

Among these were 89 ultra-large container carriers or 36.9 percent more, with a slot capacity of 18,000 TEU and over.

Aug 16, 2019

 

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