North Sea Port On Course To Set New Annual Record

North Sea Port has achieved a new record for the first nine months of this year. With 53 million tons of cargo being transshipped via sea-going vessels, the fusion port could well be on its way to setting a new annual record.

In 2018, transshipment via sea-going vessels at North Sea Port has increased by 8% in comparison with the first nine months of 2017 and amounts to a total of 53 million tons. This is unquestionably a new record. For the same period in 2017, the total was 49 million tons.

As a result, the port is positioned to achieve its third record-breaking year in a row – if, that is, North Sea Port had existed as a fusion port prior to 1 January 2018. The prospect of achieving the maritime transshipment of 70 million tons of goods is on the horizon for the end of the year.

North Sea Port
Image Credits: en.northseaport.com

Growth in nearly every segment

The transshipment of dry bulk via sea-going vessels has increased by 5% to 24.3 million tons. The strong construction market is yielding growth in the transshipment of sand, gravel and building materials. The transshipment of grain remains at a stable level, as does the transshipment of coal (used primarily in the processing industry). With regard to the latter, North Sea Port is holding its own in a declining market. The transshipment of wet bulk has increased by over 13% to 15.8 million tons. Here, strong growth is evident in the chemical/petrochemical sector (including gas) and the transshipment of bio-diesel. Board-to-board transshipment has shown an increase as well.

A 6% rise, primarily in the transshipment of paper and cardboard, bananas, steel sheets, steel constructions and building materials, has resulted in a general cargo figure of 9 million tons. Container transshipment has increased by 60% to 1.2 million tons as a result of attracting new services and a growth in the number of reefer containers. RoRo remains stable at 2.7 million tons.

The number of sea-going vessels calling at North Sea Port has risen from 6,541 to 7,109, an increase of nearly 9%.

Transshipment via inland shipping is on the rise as well and is fast approaching 45 million tons.

Third quarter

In the third quarter of 2017, maritime transshipment rose by 2.8% (to 17.1 million tons) as compared to the same period in the previous year. As expected, the strong growth recorded in the first six months of 2018 has now diminished.

Reference: en.northseaport.com

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