Corona pandemic reduces seaborne cargo throughput in Port of Hamburg

Port of Hamburg reports that its throughput for the first half of 2020 was twelve percent lower (than the same period in 2019) at 61.2 million tons, and that container throughput was 12.4 percent down at 4.1 million TEU.

Both the main elements of throughput were affected, with general cargo handling 12.2 percent lower at 42.5 million tons, and bulk cargo handling 11.7 percent down at 18.7 million tons. In the container handling segment, a total of 4.1 million TEU were handled, a 12.4 percent fall on the previous year.

The largest volume fall on the previous year occurred on imports. Reduced steel production, in particular, led to lower import throughput of ore and coal.

On container handling in relation to Port of Hamburg’s top ten trading partners, the trend for the first six months varied a great deal. Except for Denmark, six countries here reported substantial double-digit downturns. Trade woth China fell by 16.4 , Russia -14.9 percent, Sweden -13.3 percent, South Korea -14.4 percent, Denmark -2.7 percent, and Poland -10.5 percent.

Apart from USA – up 1.7 percent, other trading partners reporting growth were Singapore with 5.5 percent, the United Kingdom with 39 percent, and Malaysia with 1.7 percent. Among container partners, with a first-half 288,000 TEU the USA in second place enjoyed growth of 1.7 percent.

Read the press release at www.hafen-hamburg.de