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08 April 2020 The on-line newspaper devoted to the world of transports 10:52 GMT+2

February 6, 2020

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Tough times for German port operator duisport

Last year, the traffic of goods company decreased by -6%

Duisburger Hafen (duisport), the company that owns and managing director of the port of Duisburg, which is the largest inland European port, and that moves on its own about half traffic that passes through the airport, closed 2019 with a summary of 61.1 million tonnes -6% year-on-year Previous. The company explained that the decline was caused by the reduction in demand from industry and Germany's gradual abandonment of electricity coal-fired power plants, which resulted in a significant decline in bulk traffic, with coal and steel volumes which last year were -20% lower than 2018. Duisport also specified that further negative impacts were determined by the closure of the bridge of ?resund, which hampered trade with Scandinavia, and by the weakening of demand for chemicals.

"The exit from the coal sector, the continuing crisis of the steel industry, the uncertain political landscape energy transformation, the challenges of digitalisation and signs of economic slowdown - commented the CEO of duisport, Erich Staake -- they're all factors of a second structural transformation for the entire North Rhine-Westphalia region. The diversified Duisburger Hafen's business model is well placed these challenges, but also a prepared company such as the ours can't reverse a progressive trend long-term deterioration.'

Last year, the only containerized traffic handled by duisport amounted to about 4.0 million teu, with a compared to 4.1 million teu in 2018. The company Germany recalled that in this segment of activity, partners including China's COSCO, has planned to invest 100 million euros to build a new container terminal ( 23 October 2019).

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