Germany’s largest port, Hamburg, saw throughput at its container terminals in the first quarter decline 6.6% decline, year on year, to 2.2m teu.
However, there could be worse to come in quarter two as a result of consumer lockdowns in Europe and the subsequent plunge in transhipment cargo for the Baltic.
Trade with China accounted for around a quarter of Hamburg’s 9.3m teu last year, so volume was particularly impacted by the …
The post Hamburg Q1 throughput suffers, but port has faith ‘things...
https://theloadstar.com/hamburg-q1-throughput-suffers-but-port-has-faith-things-will-pick-up/