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

The total throughput of Port of Antwerp-Bruges was 147.2 million tonnes in the first six months of 2022, an increase of 1.3% compared with 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 throughput was down 9.8% in tonnes and 6.3% in TEU compared with 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 21.8% in the first half of the year compared with the same period in 2021 and recorded the highest throughput volume since 2011. The main reason for this was an increase in steel imports, the most important cargo group in this segment. Steel from Russia, banned by sanctions, is 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 9%. RoRo traffic to the United Kingdom and Ireland showed 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 showed a slight growth of 2.5% and 1.7%, while the number of trucks decreased by 19%.

The dry bulk segment grew by 17.9%. 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 (+16.3%) 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 6.8% in the first 6 months of this year. Throughput of other oil derivatives and chemicals also grew, by 9.4% and 9.8% respectively. With a throughput of 8.4 million tons, the most important growth was 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 53 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: “These figures confirm once again that additional container capacity and investments in strategic infrastructure are indispensable to secure our position as a world port. As a unified port, we are in a better position to continue competing internationally and to sustainably grow our port as the engine of the Flemish economy.”

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 liveability for the entire area.”

About Port of Antwerp-Bruges

With an overall throughput of 289 million tons 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. Moreover, with 147 million tons/year, it is the number one export port of Europe. 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