Q3 shows clear improvement over previous quarter in the containers, agribulk, iron ore and biomass categories

The port of Rotterdam handled a total of 103.4 million tonnes of freight in the third quarter of 2020. Total throughput over the first nine months of the year stands at 322.3 million tonnes. This is 8.8% lower than the volume recorded in the equivalent period last year. The main throughput categories to record a decline in volumes were crude oil, iron ore, coal and mineral oil products. In contrast, the port could report an increase in agribulk volumes, with only a very modest decline in container throughput.

In comparison with the second quarter of 2020, many segments showed a marked improvement in their throughput volumes. The agribulk, iron ore & scrap, biomass and roll on/roll off categories in particular could report a strong recovery at the end of the third quarter – even to pre-Covid volumes. In addition, there was a clear increase in the number of containers put through the port in Q3 compared to the preceding quarter. Allard Castelein, CEO of the Port of Rotterdam Authority: ‘At present, it is still too early to determine whether we have left the worst behind us in economic terms. Nevertheless, I am heartened by the revival of international trade flows and the resilience of our economy – in which the rate of recovery naturally depends to an extent on further developments in the Covid-19 pandemic. Together, the Port of Rotterdam Authority, the Dutch government and companies in our port will be able to give our economy a kick-start by stepping up their joint pace of investment. This will allow us to retain jobs, create new prosperity and help build a more sustainable Netherlands’.

Read the full press release here

Source Port of Rotterdam