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Venice Port Reports First Half Cargo Traffic Down 12.4%

Venice port reports first half cargo traffic down 12.4%

Source: PortSEurope
Venice, Italy (PortSEurope) July 30, 2020 – Autorita’ di Sistema Portuale del Mare Adriatico Settentrionale (AdSP – Northern Adriatic Sea Port Authority) has reported that in the first half of 2020 total cargo traffic was 11,093,854 tons, down 12.4% compared to the same period of 2019. The decrease stands at -8.2% by examining the data in the time period July 2019-June 2020 and comparing them
with the same period of the previous year. The main indicators see liquid bulk (petroleum products in general) drop by over 400,000 tons (-8.9%), dry bulk (mining and food bulk) lose almost 600,000 tons (-18.7%), general cargo stood at -11.4%, containers lost 13% (reaching 264,285 TEU). The number of cruise passengers is almost zero (-99%) while ferry passengers also drop by 81.9%. The energy sector accounts for about 60% of the overall drop in Venetian traffic, with about 37% of the decrease is attributable to the decrease in coal imports (-587,000 tons), as required by the SEN (National Energy Strategy) which requires the gradual disuse of this raw material. At the same time, there was a drop of 350,000 tons (22% of the total lost traffic) of petroleum products as a direct consequence of the lower consumption of fuels destined for aeronautical and automotive use. However, in the face of the drop in the oil and energy sector (connected respectively with national energy policies and tourism traffic), the performance of the steel sector is recorded, which, despite the emergency period, it remains at substantially stable values ​​(-1.8% for -36,000 tons, the equivalent of one ship less than last year). The port of Chioggia, with 471,247 tons, also sees a 26.9% drop in traffic in the first half of the year compared to the same period of the previous year. The figure, if examined on an annual basis (July 2019-June 2020) stops at -4.6%. In the first half, the general cargo sector lost tons in the first half (-64.3%), while dry bulk countered the trend with +4.8% and containers. The President of the Port System Authority of the Northern Adriatic Sea, Pino Musolino said: “The lagoon ports have been affected, as well as all Italian and world ports, by the negative effects produced by the pandemic crisis, an exogenous phenomenon with respect to our economy, to which we have been able to do nothing but oppose all our efforts, activating in record time new safe working procedures with the help of the whole port community and continuing to do our job to maintain the competitiveness of the system in an unprecedented historical phase characterized by fluctuations that are difficult to foresee in the demand and supply of raw materials and finished products”. He added that the ports must improve access and carry out dredging to compete with other international players in attracting new business and creating value and employment. In 2020, the half-year rail traffic was 46,364 wagons for a total of 1,177,598 tons, when during 2019 2019 there were 84,681 wagons for 2,144,328 tons. Autorita’ di Sistema Portuale del Mare Adriatico Settentrionale (AdSP – Northern Adriatic Sea Port Authority) is responsible for the ports of Venice and Chioggia. Copyright (C) PortSEurope. All Rights Reserved. 2020.

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