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European ports key for Belt and Road Initiative development

China is currently carrying out its large foreign policy project, called Belt and Road Initiative. In the concept of this policy, Chinese companies are making big investments at European ports, hoping to connect Europe and Asia enhance China’s power.

Port of Amsterdam sees decreased accidents in 2017

Over the past year, the port of Amsterdam saw the total number of maritime accidents in 32, down from 44 the previous year. Around 7,000 seagoing vessels arrived in the North Sea Canal Area in 2017, including nearly 4,700 in the Port of Amsterdam, while approximately 40,000 barges called at the port region.

Container volumes drive growth in Port of Rotterdam

2017 saw particularly strong growth in container throughput of 12.3% in tonnes in the port of Rotterdam. Total cargo throughput rose by 1.3%, with the port returning to the growth trend seen before 2016. Total tonnage increased from 461 million to 467 million. The increase in containers was offset by a fall in dry bulk of 2.6% and in wet bulk of 4.1%.

The top three performing bulk terminals

The three best performing dry bulk terminals in the world are Santander and Bilbao in Spain and Quebec in Canada, according to BIMCO’s 2017 Dry Bulk Terminals Vetting Report. The report evaluates terminal and port performance from worldwide to improve safety standards and the turnaround time of ships calling ports.

Port of Piraeus’s profit increased in 2017

Piraeus Port Authority released its Annual Financial Report 2017 according to which PPA’s turnover amounted to € 111.5 million compared to € 103.5 million in 2016, showing an increase of 7.7%. The profits showed an increase of 92% and the net result is improved by 68.6% to € 11.3 million compared to € 6.7 million of the year 2016.

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