Container – Port of Hamburg is recovering – Economy

Despite the global turbulence in container traffic, the Port of Hamburg is leaving behind the corona crisis. 4.3 million standard containers were lifted from the quayside walls of the Hanseatic city in the first half of the year, 5.5% more than in the same period of the previous year. This has enabled Germany’s largest seaport to catch up to some direct competition with other North Sea ports. Hamburg has steadily lost market share to its competitors in Rotterdam and Antwerp in recent years. In order to stop this trend, closer cooperation with the deep-water port of Wilhelmshaven, which also competes with Hamburg, is being discussed. Besides the economic recovery after the pandemic, the deepening of the Elbe had a positive effect on container traffic, the Hamburg Port Authority HPA said. The particularly large cargo ships of the Megamax class, which can accommodate up to 24,000 standard containers, could now more easily reach the port of Hamburg. In the first six months, a total of 107 mega-ships had already come to Hamburg.

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