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River Elbe dredging delays weaken Hamburg against rival ports
来源： 编辑：编辑部 发布：2018/05/25 09:13:10
THE Port of Hamburg's inability to increase ship loads is causing it to fall behind rival ports on the Northern Range, reports London's Loadstar.
The impact of the river Elbe's draught restrictions has become more pronounced with the advent of larger vessels, which cannot maximise capacity as the port's latest quarterly results show.
Quarterly results show Hamburg up 0.7 per cent year on year to 1.9 million TEU against Antwerp's rise of 10.7 per cent to 2.7 million TEU and Rotterdam's 6.1 per cent increase to 3.5 million TEU.
"Hamburg has lost more ground to Rotterdam and Antwerp this quarter and the Elbe deepening project cannot come soon enough for the port," said one industry source.
"It rather defeats the strategy of the carriers who have invested millions in bigger ships to reduce unit costs if the ULCVs have their utilisation levels cut back by load restrictions," he said.
The impact of the river Elbe's draught restrictions has become more pronounced with the advent of larger vessels, which cannot maximise capacity as the port's latest quarterly results show.
Quarterly results show Hamburg up 0.7 per cent year on year to 1.9 million TEU against Antwerp's rise of 10.7 per cent to 2.7 million TEU and Rotterdam's 6.1 per cent increase to 3.5 million TEU.
"Hamburg has lost more ground to Rotterdam and Antwerp this quarter and the Elbe deepening project cannot come soon enough for the port," said one industry source.
"It rather defeats the strategy of the carriers who have invested millions in bigger ships to reduce unit costs if the ULCVs have their utilisation levels cut back by load restrictions," he said.