Port of Antwerp-Bruges: slight growth in the first half of the year

Port of Antwerp-Bruges: slight growth in the first half of the year

Geopolitical and macroeconomic context heavily impact figures

The total throughput of Port of Antwerp-Bruges was 147.2 million tonnes in the first six months of this year, an increase of 1.4% compared to the same period last year. Given the current geopolitical and macroeconomic context, this slight growth, despite a decline in the container segment due to ongoing global congestion problems, confirms its strengthened position as a unified port.

Container segment under constant pressure

Container throughput is down 9.8% in tonnes and 6.2% in TEU compared to a strong first half in 2021. With globally disrupted container liner shipping, vessel delays and high volumes of import cargo, the container trade continues to face operational challenges. Moreover, the throughput of containers related to Russia decreased by 39% due to the conflict in Ukraine.

Conventional general cargo grew strongly by 22% in the first half of the year compared to the same period in 2021 and recorded the highest throughput volume since 2011. The main reason for this is the increase in imports of steel, the most important cargo group in this segment. Steel imports from Russia banned by sanctions are being replaced by imports from other countries. ​ Other product groups, such as wood, plywood and fruit, are also showing growth.

Roll-on/roll- off traffic saw an increase of 8.9%. RoRo traffic to the United Kingdom and Ireland shows significant growth, with 3.8 million tonnes and 0.6 million tonnes respectively, up 6.8% and 47% compared with the first six months of 2021. The number of new and used cars shows a slight growth of 2.5% and 1.7%, while the number of trucks decreased by 19%.

The dry bulk segment grew by 17.6%. Fertilizers, after a strong 2021, experienced a loss in throughput (-15.4%), largely due to the sanctions imposed on Russia. ​ The throughput of sand, gravel, non-ferrous ores and scrap metal also recorded losses after 6 months. While only 933,000 tonnes of coal were handled in 2021, throughput after 6 months in 2022 is already 1.56 million tonnes due to the sharp increase in gas prices and reduced gas supplies from Russia.

Within the liquid bulk segment (+16.5%), there is pronounced growth in gasoline, naphtha and energy gases. Although the throughput of diesel and fuel oil has been steadily declining since 2019, it grew by 10,4% in the first 6 months of this year. Throughput of other oil derivatives and chemicals also grew by 9.9% and 12,3% respectively. With a throughput of 8.4 million tons, the most important growth is for LNG (+55.3%), because, in addition to the transshipment function of the LNG terminal, European countries are now also busy replenishing gas stocks in the run-up to next winter.

In the first half of 2022, Zeebrugge welcomed 64 cruise ships, with April and May being the top months with 15 ships each. The average passenger capacity is currently around 65% and is clearly on the rise. The global cruise fleet is expected to be fully operational again by mid-2022.

 

Jacques Vandermeiren, CEO Port of Antwerp-Bruges: "Given the current geopolitical and macroeconomic context, this slight growth is definitely a relief. These figures confirm that we are stronger together as a unified port. The context continues to pose significant challenges, especially in the container segment. Thanks to the merger, we can now offer two complementary platforms as a unified port, significantly strengthening our position in the international logistics chain and as one of the main gateways to Europe."
Annick De Ridder, Vice-Mayor of the City of Antwerp and President of the board of directors of Port of Antwerp-Bruges: "Despite a difficult geopolitical and macro-economic context, this unified port is standing as the economic engine of Flanders. This is proven by the growth compared to the same period last year in cargo handling, roll-on/roll-off traffic, dry and liquid bulk and the particularly strong increase in conventional general cargo (21.8%) with even the highest throughput volume in 10 years. This compensates for the decline in container handling. At the same time, these figures make it clear that additional container capacity and investments in strategic infrastructure are indispensable in order to secure our position as a world port."
Dirk De fauw, Mayor of the City of Bruges and Vice-President of Port of Antwerp-Bruges: "These figures are a promising start to our 'marriage'. Moreover, the New Lock Zeebrugge will further consolidate our position as a world port. With the recent choice of the layout alternative, an important step was taken for this crucial project that reconciles economic interests with mobility and livability for the entire area."
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About Port of Antwerp-Bruges

With an overall throughput of 289 million tonnes per year, Port of Antwerp-Bruges is a critical hub in worldwide trade and industry. The port is a crucial link for the handling of containers, breakbulk and for the throughput of vehicles. Port of Antwerp-Bruges is home to 1,400 companies and accommodates the largest integrated chemical cluster in Europe. The port provides, directly and indirectly, a total of around 164,000 jobs and generates an added value of 21 billion euros.
 
The ambition for Port of Antwerp-Bruges is clear - to become the world's first port that reconciles economy, people and climate. As well as growing in a sustainable way, the Port also aims to focus on its unique position as a logistics, maritime and industrial centre and to take the lead in the transition to a circular and low-carbon economy. Together with the port community, customers and other partners, Port of Antwerp-Bruges is actively seeking innovative solutions for a sustainable future. High on the agenda is its responsibility for the environment and the surrounding society. 

The port sites of Antwerp and Zeebrugge are operated by the Antwerp-Bruges Port Authority, a limited liability company of public law with the City of Antwerp and the City of Bruges as its shareholders. The port employs 1,800 people. Vice-Mayor of Antwerp Annick De Ridder is President of the Board of Directors, the Mayor of Bruges Dirk De fauw is the Vice-President. Jacques Vandermeiren is CEO and President of the Executive Committee, which is responsible for the port’s day-to-day management. 

www.portofantwerpbruges.com

The telephone number +32 492 15 41 39 is only for press inquiries. For other questions you can mail to [email protected]

Port of Antwerp-Bruges
Havenhuis
Zaha Hadidplein 1
2030 Antwerp
Belgium