duisport Investments Confirm Strategy of Sustainability
Duisburg, 17.02.2010 | Containers stable at 2009 level of 1.8 million TEU / Sharp decease in coal, iron and steel trade / Positive outlook
The global economic crisis has reduced cargo flows sharply. In spite of a substantial cut in coal, iron and steel cargo, duisport has benefited from investments in recent years intended to develop intelligent transportation networks and to strengthen the logistic hub. The sum total is particularly encouraging. The ship, railroad and truck container trade added up to 1.82 million TEU and almost reached the 2009 level of 1.89 million TEU. “New railroad services such as Glückauf-Express across the Ruhr region and the logport II gateway strategy have enabled us to generate cargo throughput even during the period of an economic slump,” said Duisburger Hafen AG’s Chief Executive Officer Erich Staake. “We were also able to maintain transportation at such a high level because we always focus on close cooperation with our numerous duisport partners. It is this cooperation which warrants the high quality of the Port of Duisburg services,” added Staake.
Apart from containers with their excellent 2009 result oil and chemical products were able nearly to defend the high 2009 level. The decline of 3 % in each of the two cargo groups was small. As a traditional iron and steel location Duisburg was badly hit by the recession. Main reasons included the temporary shutdown of blast-furnaces and coal-fired power generating units. The quantity of coal and steel cargo dropped drastically. The crash had a major impact on total trade in the public ports of Duisburg which declined by 19 % to 44 million metric tons.
Numerous economic indicators published this year suggest that the economy is recovering. “Trade in the Port of Duisburg has been growing in the last few months mainly in the field of containerized transportation. Unless we see a new global economic downtrend our 2010 numbers will be well ahead of our 2009 financial data,” added Staake.