North Sea Port - Nine Months’ Results

North Sea Port has reported that in the first nine months of this year, traffic volumes were 47.1 million tonnes, 12.8% less than in the same period for 2019, but the degree of impact from the COVID crisis has diminished over the year.

Their press release reports that seaborne transhipment declined by 6.9 million tonnes (-12.8%) compared to the first nine months of 2019. Petroleum products accounted for half the fall – this is a market that was hit hard during the Covid-19 crisis. Transhipment of solid mineral fuels, iron ore and vehicles also declined. However, other sectors improved relative to 2020.

Transhipment via inland waterways registered a decrease of 3 million tonnes (-7%) during the first nine months of this year, mainly reflecting falls for general cargo and liquid bulk products.

In the third quarter of 2020, transhipment via seagoing vessels (14.7 million tonnes) fell by 15.5% compared to the same period last year. This decrease is 1% less than in the second quarter.