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Port of Hamburg reports upswing in strong first quarter

Four new Transatlantic services and rising bulk cargo handling

The Port of Hamburg is on a growth course and seaborne cargo was up 6.0 per cent at 34.6 million tons in the first quarter of 2019. Both general cargo throughput at 23.9 million tons – up 5.4 per cent – and bulk cargo throughput at 10.7 million tons – up 7.5 per cent – rose substantially in the same period, a press release said Monday (May 20, 2019). The 6.4 per cent increase in container handling to 2.3 million TEU is attributable mainly to four new liner services linking Hamburg with ports in the United States, Canada and Mexico.

New Transatlantic services

Thilo Trusch, Hapag-Lloyd’s Head of Trade Management Atlantic, commented: “Hamburg can Atlantic.” Pooling Atlantic container services in Hamburg at one central terminal is proving very popular with Hapag-Lloyd’s clients, he added. Both Axel Mattern, Joint CEO of Port of Hamburg Marketing and his colleague Ingo Egloff, Executive Board, welcomed the start of the fairway adjustment and expect the project to be implemented as quickly as possible. “For shipping companies, the fairway adjustment not only simplifies calls in Hamburg, but also facilitates larger handling volumes. Greater draft and an easier situation for passing on the Elbe will allow greater use of their ships’ transport capacity,” said Egloff. Twelve liner services now link the Port of Hamburg with 29 ports Mexico, Canada and the U.S. making it Hamburg’s second most important trading partner in container traffic after China.

Hamburg as a hub port

“The four new Transatlantic services run by ‘THE Allianz’ plus renewed growth in bulk cargo handling are putting the port on a growth path. Hamburg has now become the hub for services with the USA, Mexico and Canada,” said Mattern. Feeder traffic and landside seaport-hinterland services – at 1.45 million TEU up by 8.0 per cent on the same period in 2018 – also profited from the new container line. “The positive figures for seaport-hinterland services and the transhipment field underline Hamburg’s outstanding position as a hub port. More than 100 liner services link the Hanseatic city with more than 1,000 seaports worldwide and generate the throughput volumes that then pass inland via Hamburg for further distribution,” said Egloff.

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