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Portuguese Ports Cargo Traffic Declines As Crude Oil Imports Fall

Portuguese ports cargo traffic declines as crude oil imports fall

Portuguese Ports Cargo Traffic Declines As Crude Oil Imports Fall

Sines, Portugal (PortSEurope) June 14, 2019 – Portugal imported about one million tonnes of crude oil from January to April, 914,900 tonnes less, which caused a 0.1% decrease in the evolution of port activity in the first four months of the year.

As a result, according to data from the Mobility and Transport Authority (AMT) between January and April 2019, the country’s commercial ports handled more than 29.8 million tonnes of cargo, down by 32,800 tonnes compared to the same period of 2018.

The port of Sines lost the absolute majority in terms of tonnage moved, but continues to lead the national ports ranking with a share of 49.5%. The set of ports of Leixões, Aveiro and Setúbal registered a positive performance, “not being able to nullify, however, the negative performance of the rest”, according to AMT.

Source: O Jornal Economico

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