Port of Antwerp sets sixth record in row

The port authority records growth in all cargo types, but the ‘container’ section provides the lion’s share. That business advanced by 5.8%, ending at 130 million tonnes or 11 million teu. That is an increase of 5.5%. Other cargo flows are also in the plus. Liquid bulk climbed 4.5%, dry bulk 5%. Breakbulk grows by 1.8%. In the latter segment, furniture is saved by increased ro-ro activity in the port of Antwerp. Indeed, more and more classic breakbulk goods now travel by container. With a McKinsey study at hand, the Port Authority predicts an increasing demand for container capacity. The consultancy firm also sees demand rising by 2 to 3% a year in the coming years. In that scenario, the port will bump up to the limits of its current capacity in 2022. Only in 2024 would the Saeftinghedok become operational. “The main players in this market are preparing to creatively bridge that period,” appeases Port Authority CEO Jacques Vandermeiren.