North Europe Container Transhipment Competion to Intensify

MarineLink.com/Drewry Maritime Research
Friday, July 12, 2013
Eurogate Container Terminal: Photo credit Port of Wilhelmshaven

With little market growth likely over the next few years and significant port capacity additions due to come on stream, competition between North European container terminals is set to intensify, reports Drewry Maritime Research.

In the search for volume, it will be the transhipment sector which is likely to be the first target. With some fanfare, Eurogate has announced that the Eugen Maersk is to call at its new, deepwater Container Terminal Wilhelmshaven later this month. Deployed within the A10 Far-East to Europe service, the 15,000 teu capacity vessel will make an unscheduled port call to link up with two feeder vessels.

Drewry suggests that Wilhelshaven  is actively pursuing transhipment business, given that it can yield volumes more quickly than gateway traffic, which is a much slower to attract to a new port.

Rotterdam too is in competiotn as two new terminals at Maasvlakte II will be coming on stream towards the end of next year, adding nearly 5 million teu of capacity to the market. One of their first aims will be winning traffic from incumbent operator ECT which will need to find volume to backfill – and greater transhipment seems like an obvious target.

In conclusion, Drewry Maritime Research's view is that transhipment is clearly set to become a key battleground for North European ports and terminals, driven by the growth in Eastern Europe, and the immediacy of volumes that winning transhipment business can bring.  However, no port or terminal can succeed in the transhipment sector in isolation. Gateway traffic will remain the key bedrock.

Source: Drewry Maritime Research

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter June 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

UAE Top Court: Physical Bunkers Suppliers Have No Right to Recourse against Owners/Charterers

The OW saga - UAE Federal Supreme Court decides that physical suppliers of bunkers have no right to recourse against Owners/Charterers. In the first decision

Panama Opens Canal Extension Amid Risk, Cost Issues

Panama opened the long-delayed $5.4 billion expansion of its shipping canal amid cheering crowds on Sunday, despite looming economic uncertainty in the shipping

Wärtsilä to Power Two Indian Dredgers

Wärtsilä has won an order for two new 8000m3 trailing suction hopper dredgers being built for the Adani group, India's largest private multi-port operator. The

Ports

Morocco Sells 40% Stake in Port Operator in IPO

The Moroccan government raised 1.94 billion dirhams ($197 million) by selling a 40 percent stake in state-owned port operator Marsa Maroc in the country's first initial public offering this year,

New Era of Global Trade with Expanded Panama Canal

The Expanded Panama Canal is now officially open for business.   During the official inauguration ceremony, Panamanian President Juan Carlos Varela and Panama Canal Administrator and CEO Jorge L.

Panama Opens Canal Extension Amid Risk, Cost Issues

Panama opened the long-delayed $5.4 billion expansion of its shipping canal amid cheering crowds on Sunday, despite looming economic uncertainty in the shipping

Container Ships

Panama Canal Officially Opens $5.25Bln Expansion

A 984-foot Chinese container ship was greeted with fireworks and cheers from a crowd that had gathered, when it made an inaugural passage through the newly expanded Panama Canal on Sunday,

MSC Jade Sails with MAN's Biggest Engine

The largest and most powerful engine from MAN Diesel & Turbo’s portfolio ever designed and built has entered service.   Built by Doosan Engine in Korea and rated at 75,

Slowing Shipping Fleet Growth to Ease Officer Shortage

Slowing growth in the size of the shipping fleet will reduce the shortage of officers over the coming years, according to the latest Manning report published by global shipping consultancy Drewry.

Logistics

Panamax Vessel Demand Keeps Baltic Index Up

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Monday for a fourth straight session as higher demand

New Era of Global Trade with Expanded Panama Canal

The Expanded Panama Canal is now officially open for business.   During the official inauguration ceremony, Panamanian President Juan Carlos Varela and Panama Canal Administrator and CEO Jorge L.

Panama Opens Canal Extension Amid Risk, Cost Issues

Panama opened the long-delayed $5.4 billion expansion of its shipping canal amid cheering crowds on Sunday, despite looming economic uncertainty in the shipping

 
 
Maritime Contracts Maritime Security Naval Architecture Navigation Offshore Oil Pipelines Salvage Ship Electronics Ship Repair Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0969 sec (10 req/sec)