Falling water levels on the Rhine are a seasonal problem, but this summer a European heatwave and low rainfall has left parts of the river virtually impassable.
Rotterdam and Antwerp enjoyed a solid nine-month performance, but ongoing European port congestion continues to cause significant disruption to regional supply chains.
The first quarter was a good one for Rotterdam and Antwerp, but with terminals fully stretched as the ports face operational challenges in the weeks ahead.
The pandemic-disrupted 2020 was a year of two halves for Europe’s hub ports such as Rotterdam, where demand fell sharply in the first six months before rebounding strongly over the rest of the year.
A rebound in container volume at the port of Antwerp came in the second half, when Europe’s unexpectedly strong recovery kept ships full and terminals busy from July for the rest of the year.
Frustrated shippers and forwarders want European competition authorities to take action against what they have labeled market distorting practices by container carriers.
It was a solid first quarter for Antwerp, but the production and supply chain disruption being caused by COVID-19 will be felt at the international hub in the second quarter.
Ports in Europe are concerned that closing borders across the continent to stop the movement of people will have a knock-on effect on the free flow of cargo essential to logistics networks.