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Trade News

May 29, 2018

Port of Hamburg sees drop in freight totals in year's first quarter

The Port of Hamburg handled a total of 32.7 million tonnes of freight in the first quarter of 2018, a drop of 7.5 percent. General cargo handling contributed 22.7 million tonnes (-1.8%) and bulk goods handling 10.0 million tonnes (-18.2%).

General cargo handling recorded 11.5 million tonnes on the import side, an increase of 3.1 percent. Exports were slightly weaker at 11.2 million tonnes (-6.3 percent).

With 612,000 TEU, container transport by rail achieved a significant increase of 4.1 percent. Hamburg continues to expand its leading position as Europe's largest railway port.

Hamburg's results in sea container handling in the first quarter of 2018 are once again positive for loaded boxes with 1.9 million TEU (+0.7 percent). By contrast, the turnover of empty boxes continued to decline in the first quarter of 2018. 252,000 empty containers (TEU) were handled in Hamburg. That's a minus of 18.0 percent.

"Looking at the turnover development of loaded and empty containers in the first three months shows that the Port of Hamburg on the one hand continues to gain cargo, but on the other hand has to accept a significant decline in the volume of empty containers," said Axel Mattern, Member of the Board Hamburg Hafenport e.V.

Source: Port of Hamburg