Independent journal on economy and transport policy
07:19 GMT+1
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In the first half of 2022 the traffic in the North Sea Port port system has increased of +10.3%
Russia is the first trading partner
July 8, 2022
In the first half of this year solid bulk, which constitute the main commodity item, have totaled 20.2 million tons (+13.6%). Stable traffic of the liquid bulk with 8.7 million tons. Goods are growing conventional, amounting to 5.5 million tons /(+21.0%), as well as rolling stock, amounted to 2.0 million tons (+16.0%), while goods in containers, with 1.1 million tons, decreased by -13.0%.
The port authority that manages the three ports of call has announced whereas traffic with Russia, which in 2021 was the North Sea Port's main trading partner, has maintained this role also in the first half of this year with 3.8 million tons and an increase close to + 20% on the first semester of 2021. The authority provides that this flow of traffic will suffer a decline in the second quarter of 2022 also in consideration of the entry into force of EU sanctions in the against Russia, sanctions that for certain types of goods they have yet to have an effect, for example for timber, with the related restrictions that will come into force next Sunday, and for solid fuels, affected by sanctions from next 10 August. In the first six months of this year the reduction in activity in some product sectors determined by sanctions is was offset, in particular, by the increase in traffic with the United States (+15%, solid fuels), with Finland (+31%, solid fuels) and with Canada (+40%, steel and fertilizers).
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