13.6 C
Hamburg
Sunday, May 18, 2025
Home Port News Port of Antwerp-Bruges reports box volume decline, announces strong investments in coming...

Port of Antwerp-Bruges reports box volume decline, announces strong investments in coming years

The Port of Antwerp-Bruges faced another year of challenges in 2023, marked by geopolitical tensions and a slowdown in global economic growth, causing a great impact on industrial production and trade flows.

The Belgian port saw 12.5 million TEUs in the previous year, translating to a 7.2% decline from 2022 figures. However, Port of Antwerp-Bruges said it has achieved a positive development in its market share within the Hamburg-Le Havre range, experiencing a 0.6% increase to reach 30.2% in 2023.

The total throughput for the year, reaching 271 million tonnes of cargo, represents a 5.5% decrease compared to the previous year.

Additionally, the overall roll-on/roll-off traffic has demonstrated resilience, experiencing a modest decline of 2.1%. The major European port handled 3.56 million new cars, reflecting an annualised growth rate of 9%. On the other hand, the throughput of unaccompanied cargo (excluding containers) transported on RoRo vessels has seen a slight decrease of 1.5%. Within this category, over half of the flows are connected to the United Kingdom, witnessing a decrease of 4.9%. In contrast, traffic associated with Ireland has seen a significant upswing, with an increase of 17.9%, while traffic to Scandinavia has remained steady.

Looking ahead to the next decade, the Port of Antwerp-Bruges envisions a robust investment programme totalling US$3 billion. This includes the development of new infrastructure such as a quay wall for the Europa Terminal, the establishment of a new coordination centre, and the utilisation of residual land on the Left Bank.

In terms of energy supply and transition, the port is committed to maintaining its pioneering role in the future. One notable initiative is the active promotion of a circular economy through the implementation of the Warmtenet Antwerpen Noord project. The first heat delivery is imminent, and further expansion of the NextGen District is on the agenda for the upcoming year.





Latest Posts

Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Hapag-Lloyd has announced a General Rate Increase (GRI) from Pakistan to the Arabian Gulf, Saudi Arabia (Eastern and Western Provinces), Jordan and Yemen, and...

Wan Hai Lines debuts new Vietnam–Thailand–India direct route

Wan Hai Lines has announced a new direct service, the Tamil Nadu–Thailand Express (TTX) service, with the first vessel arriving at India's Chennai and...

Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...

MSC and ZIM downsize joint Far East-US East Coast service network

In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...

US sanctions target Iran-China oil trade, stirring waves across global shipping

As Washington ramps up its campaign to stifle Iranian oil revenues, a new chapter is unfolding in the ongoing tensions between the United States,...
error: Content is protected !!