
Port of Hamburg in a challenging environment
The problematic trend in the world economy is affecting Port of Hamburg throughput figures. As in other ports of Northern Europe, seaborne cargo throughput is falling, yet the trend in certain sea trades is positive. As an all-purpose port, Hamburg is profiting from a rise in bulk cargo handling. Source: Port Of Hamburg As elsewhere, in the Port of Hamburg seaborne cargo throughput for its terminals is currently subject to a challenging economic environment. Persistent geopolitical tension, EU economic sanctions against Russia, high inflation, global reluctance to make purchases and massive warehouse stocks are restraining cargo handling in European ports. In these aggravated conditions, with seaborne cargo throughput of 28.1 million tons in the first quarter of 2023, down 10.2 percent on the same period of the previous year, Germany’s largest post succeeded in maintaining throughput volume at the same level as the final quarter of last year. Container throughput at 18.6 million tons was 15.9 percent lower than in the same period of the previous year, with the total of 1.9 million TEU being 16.9 percent down. Axel Mattern, CEO of HHM – Port of Hamburg Marketing, stressed that “The tough general economic situation is reflected in current throughput






















