32.9 C
Istanbul
Wednesday, July 28, 2021
HomeGeneralRotterdam Freight Volumes Rise Led By Iron And Coal

Rotterdam Freight Volumes Rise Led By Iron And Coal

by Bart Meijer; (Reuters) Freight volumes in the port of Rotterdam rose 5.8% on a yearly basis in the first half of 2021, as international trade recovered from its coronavirus slump, Europe’s largest port said on Thursday.

Traffic took a big hit from COVID19 in the first half of 2020, and despite its recovery, throughput is still not back at levels seen before the outbreak of the pandemic, port authorities said.

Improvement was most notable in the shipment of iron ore and coal, which increased more than a third from a year ago on strong demand from steel factories in Germany.

Container freight was up almost 9%, despite problems caused by the container ship that blocked the Suez Canal for almost a week in March, disrupting global trade.

Traffic to and from Rotterdam is set to increase further in coming months as economic growth recovers across the globe, the port said, although the coronavirus remained a cause of concern.

(Reporting by Bart Meijer; Editing by Edmund Blair)

The opinions expressed herein are the author’s and not necessarily those of News2Sea.



#Rotterdam #Freight #Volumes #Rise #Led #Iron #Coal

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Latest Articles