The Port of Rotterdam Authority has presented its figures for the coronavirus year 2020. According to the figures, the decline in throughput and turnover was less pronounced than predicted months ago. After an initial sharp decline in goods throughput in the first half of the year due to the lockdown in many parts of the world, the order situation stabilised in the following months. For the period up to and including June, goods throughput fell by 9.1 per cent compared to the same period last year. For the second half of the year, however, the decline was only 4.6 per cent. For the year as a whole, this results in a decrease in goods throughput of 6.9 per cent compared to 2019.
Dry bulk goods such as coal and iron ore were hit hardest by the decline. Their volumes fell by 24.5 and 22.8 per cent respectively. Container throughput in the port of Rotterdam remained relatively constant. Following a slump at the beginning of the year, imports from China in particular increased significantly. Due to a lack of alternatives, consumers spent more money on physical goods, which was reflected in the flow of goods in the second half of the year. Overall, only 3.2 per cent fewer TEU were handled.
Despite the decline in many areas, the port of Rotterdam defended its first place in Europe. Due to one-off effects, the operating result before interest, taxes, depreciation and amortisation (EBITDA) even increased from 433.3 to 477.5 million euros.
Text: mb; Photo: Port of Rotterdam
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