Sharp drop in cargo handled at European ports

Shipping companies have suffered heavily from the effects of the pandemic, with volumes handled dropping by over a third in some cases. In the first nine months of 2020, Northern European ports registered a 6% fall in volumes compared to the same period in 2019, handling 31.3 million TEU, according to data published by container-news.com

Wilhelmshaven in Germany was the most affected port, with a 35% Y-O-Y fall in volumes, and market share dropping by 30%. Similarly, Le Havre in France saw its volumes drop by almost a quarter in the same period, with an 18% loss in market share.

Antwerp was the only port that has not lost volumes and has gained 7% in market share.