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Exports propel Hamburg cargo

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Strong container throughput from Hong Kong and other Asian ports to Hamburg port resulted in a 13.8 per cent increase in box volumes to 2.74 million teus (20- foot equivalent units) in the first eight months of the year.

A port spokesman from Hamburg estimated throughput for the year at 4.2 million teus.

Hamburg port, which handled 259,969 teus in July and 361,177 teus in August, set two new throughput records, he said.

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While Asia's economies recover, exports from Europe to the region are also rising, boosting cargo volumes. The Eastbound Management Agreement conference, for example, estimated that first-half growth in container traffic from Europe to Asia was at 6 per cent, a figure which increased considerably in the second half of the year.

The corresponding figures in Hamburg reached 9.5 per cent outbound and 16.1 per cent inbound, the spokesman said.

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Asia continued to be the number one region in terms of container throughput at Hamburg, amounting to 847,000 teus.

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