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Port of Rotterdam transported more coal, crude oil and mineral oil products

Port of Rotterdam transported more coal, crude oil and mineral oil products

The Port of Rotterdam reported increased throughput of coal, crude oil, and mineral oil products, driven by higher demand for energy production and a recovery in the German steel sector. Despite declines in iron ore and container handling due to low river water levels and market shifts, the port continues to serve as a critical hub for European supply chains.

The Port of Rotterdam reported an increase in cargo throughput for coal, crude oil, and mineral oil products, according to an announcement on Friday by the port authority. CEO Boudewijn Siemons noted that while the port faces challenges such as fluctuating energy demands and industrial pressures in Europe, it continues to adapt by facilitating essential goods for the continent's hinterland. Specifically, coal volumes rose by 15.3 percent, driven by a recovery in the German steel industry and a heightened demand for coal in power generation as natural gas prices remained high.

Conversely, the port saw a decline in the handling of iron ore, scrap, and agricultural bulk, partly due to low river water levels hindering inland shipping. Meanwhile, crude oil imports increased by nearly 2 percent as European refineries sought alternative supplies, influenced by disruptions in the Strait of Hormuz. Exports of refined oil products also experienced a significant surge, rising by 31.9 percent compared to the same period in the previous year.

Based on reporting by nu. Translated and condensed by LocalHeadlines.

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