Title
The European container port system in 2014 The European container port system in 2014
Author
Faculty/Department
Institute for Transport en Maritime Management (ITMMA)
Publication type
article
Publication
New York, N.Y. ,
Subject
Economics
Source (journal)
Port technology international : the review of advanced technologies for ports and terminals world-wide. - New York, N.Y.
Volume/pages
67(2015) , p. 22-25
ISSN
1358-1759
Carrier
E
Target language
English (eng)
Affiliation
University of Antwerp
Abstract
With a total maritime container throughput of an estimated 101.5 million TEU in 2014, the European container port system crossed the 100 million TEU mark for the first time ever. Growth was particularly strong in the period 2005-2007, with an average annual growth rate of 10.5%, compared to 6.8% in the period 1985-1995, 8.9% in 1995-2000 and 7.7% in 2000-2005. The economic crisis, which started to have its full effect in late 2008, put an end to the steep growth curve. Total container throughput increased from 90.7 million TEU in 2008 to 101.5 million TEU in 2014, or an average annual growth of only 1.89%. The year 2009 is at the root of this slow pace given a year-on-year drop in container volumes of about 14%. Between 2009 and 2014, traffic volumes have recovered at a rate of 5.4% per year.
Handle