Europe’s largest ports underperform against last year’s container turnover figures

The decline in container transshipment at Rotterdam, Europe’s largest container port, has slowed down in the third quarter. However, the aggregate transshipment volume for the first nine months of the year is still below last year. The lag from the last year’s figure has narrowed to 3%, compared to nearly 12% at the end of the first quarter. During the first nine months from the beginning of the year, Rotterdam’s container turnover has amounted to 10.2 million TEUs, -7% year-on-year.

The Port of Antwerp-Bruges, which ranks second in the list of Europe’s largest container ports, again accelerated its decline over the three months from July to September 2023. The five container terminals at the Port of Antwerp and one at the Port of Bruges have transshipped a total of 3.1 million TEUs in the third quarter, which is almost 10 percent less than a year earlier. Compared to the previous quarter, the turnover decreased by 6%.

The total container turnover of the Port of Antwerp-Bruges has amounted to 9.5 million TEUs in the first nine months of the year, which is 6.6% less than a year earlier.