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US and Italy become leading countries in trade relations with Valenciaport



US and Italy become leading countries in trade relations with Valenciaport. Image: Port Authority of Valencia
United States and Italy have become leading countries in trade relations with Valenciaport. Image: Port Authority of Valencia
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The United States and Italy have become the first and second leading countries in trade relations with Valenciaport worldwide. As reflected in the data of the Statistical Bulletin of the Port Authority of Valencia for the month of July, in the first seven months of the year, the North American ports have mobilised 5,523,420 tonnes, which represents a growth of 22.47%, highlighting the increase in the import of US products, by more than 215%.

For its part, Italy has become Valenciaport’s second largest trading partner with 4,672,967 tonnes of goods handled and an increase of 3.5% compared to the same period the previous year. Between 1 January and 31 July, the situation of the Asian market has left China with less weight, with a total traffic volume of 3,664,901 tonnes, accumulating a decrease of 8.35% compared to the same period last year.

USA specialises in LNG, Italy in transport elements

By sectors, the United States is the main supplier of natural gas, which has made the energy sector the most dynamic in Valenciaport’s freight traffic: this sector has transported more than 2.8 million tonnes in the first seven months of the year, 113.65% more than in the same period last year. In fact, according to data from the APV’s Statistical Bulletin, natural gas entering the Port of Sagunto has tripled the total for this energy source, rising from 736,215 tonnes in 2021 to 2,220,915 in 2022.

The United States ports handled 1,382,302 tonnes of natural gas goods with Valenciaport, which means 62% of the total natural gas entering or leaving through the APV. By sectors, the main products moved between Valenciaport and the USA are construction materials (968,248 tonnes), wines, beverages, spirits and derivatives (375,867 tonnes) and chemical products (346,177 tonnes).

Goods traffic between Italy and Valenciaport is concentrated on vehicles and transport elements: so far this year, 602,572 tonnes of road traffic and 429,146 tonnes of automobiles and their parts have been handled. In total, between January and July, Valenciaport has handled 6,967,047 tonnes related to vehicles and transport elements, +2.73% more than the accumulated figure for the previous year.

Other outstanding products in relations with Italian ports are wines, beverages, alcohols and derivatives (558,755 tonnes) and chemical products (330,765 tonnes).

The main products that prevail in trade relations between China and Valenciaport are machinery, tools and spare parts (892,977 tonnes), construction materials (309,409 tonnes), chemical products (293,804 tonnes) and container cargo (252,798 tonnes).

China maintains its leadership in TEUs

In terms of the number of containers handled, China has 322,307 containers with import/export products, but still shows a decrease of 9.63% compared to the first seven months of the previous year. China is followed by the United States with 308,975 containers (-3.24%), Turkey with 158,031 (-16.49%) and Algeria with 89,888 (-23.48%). The most dynamic countries between January and June were the United Kingdom (+71.41%), Australia (+24.09%) and Greece (+23.97%).

By geographical areas, the main container market is the Mediterranean-Black Sea with 521,277 and a drop of 12.12%; followed by the Far East with 444,292 (-6.14%); and West Africa with 191,498 TEUs (-5.56%). The areas that have grown the most in these seven months have been Atlantic Europe with an increase of 53.51%, Australia (+22.81%) and South Atlantic and Gulf (+9.26%).

The global economic and geopolitical situation is reducing traffic

The APV’s Statistical Bulletin for the first seven months of the year reflects an economic scenario marked by uncertainty, the rise in fuel prices, the distortion of raw material prices and rising inflation, as is the case in other ports of the same name.

If we analyse the data for July, it can be seen that after two months of growth, the full containers of cargo (export) have decreased by 0.67% and those of unloading (import) continue to be positive, adding 3.04%. The biggest fall was in transit containers, down 19.9%. With regard to empty containers, the overall figure reflects a decrease of 4.66%. In total, TEUs stood at 443,159 in July, 9.33% less than the previous month. Something similar occurs with the total amount of goods handled, which reached 6,911,786, 2.47% less than in the same month of the previous year.

The same situation is reflected in the accumulated data for the year. Between January and July, Valenciaport has mobilised a total of 48,379,923 tonnes, 2.32% less than the same period in 2021. This situation particularly affects containerised cargo, which fell by 8.20%, while liquid and solid bulk cargo grew by 81.35% and 2.83% respectively. On the other hand, non-containerised cargo increased by 5.78%.

During these first seven months of the year, it is worth highlighting the activity of ro-ro traffic, which has grown by 4.45% and accumulated 7,803,662 tonnes. The number of Intermodal Transport Units increased by 7.31%, while the number of cars in cargo regime increased by 12.88% to 346,571 units.

With regard to TEUs, during these first seven months, a total of 3,080,763 TEUs have been mobilised, representing a decrease of 6.88%. The number of full containers fell by 7.53%, with a 7.99% increase in full containers for unloading (import), while those for loading (export) fell by 6.72% and those for transit by 12.71%. Empty containers fell by 4.5%.

In year-on-year terms, if we compare August 2021-July 2022 with the same period of the previous year, the total of goods has been more than 83.7 million tonnes with a fall of 2.32%. The total number of containers was 5,376,829, a decrease of 6.45%.

Data by sector

As a consequence of the current situation – apart from the energy sector and the vehicles and transport elements sector, which have increased sales abroad by 87.24% and 1% respectively – the APV Statistical Bulletin for the first seven months of 2022 reflects a general increase in imports and a decline in exports.

Sales abroad of most of the industries that use the docks of the València, Sagunto and Gandía precincts fell: agri-foodstuffs (-8.95%) although some products grew, such as canned food (+15.90%) and animal feed and fodder (+15.29%); construction materials (-6.38%), chemical products (-15.80%); the iron and steel sector (-16.19%) and other goods (-14.79%).

Passenger transport, at pre-pandemic levels

Another of the conclusions of the APV Bulletin is the recovery of passenger traffic. The Valenciaport docks have received 664,400 passengers between January and July of this year, which is three times the number of passengers than in 2021. Of these 249,261 are cruise passengers, a third of the total.

In year-on-year terms, between August 2022 to July 2021, the figures also show the reactivation after the standstill caused by the pandemic restrictions: thanks to the APV, Valencia has welcomed 1,062,295 passengers.

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The Port of Valencia begins electrification of its docks



The Port of Valencia begins electrification of its docks. Image: Port Authority of Valencia
The Port of Valencia begins electrification of its docks. Image: Port Authority of Valencia
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A new step in the decarbonisation of the Port of Valencia and its firm commitment to be an emission neutral site by 2030. The Port Authority of Valencia (APV) has put out to tender the drafting and execution of the works for the electrical connection to ships for the Transversal Costa-MSC quay. This is the first electrification or Onshore Power Supply (OPS) project to be carried out by Valenciaport in the Valencian precinct.

The APV is thus initiating the procedure for the award of the contract for the drafting and execution of the project for the installation of electrical connections for ships and the maintenance of the same at the Transversal de Costa quay. To this end, Valenciaport has jointly launched the drafting of the construction project, the execution of its works and the maintenance of the installations in the same procedure for an amount of 12,468,626.8 euros (VAT included).

Onshore Power Supply (OPS) electrification infrastructures have been consolidated as a very useful tool for the decarbonisation of ports, as this system avoids the use of auxiliary engines of ships when they are docked in the enclosures. This reduces greenhouse gas emissions – due to the use of electricity that eliminates the consumption of fossil fuels used in these auxiliary engines – and stops the emission of particles and polluting gases.

This OPS initiative in the Port of Valencia will be carried out in parallel with the works on the new electrical substation – a second substation is also planned – which was put out to tender last month with a base budget of around 11 million euros and a completion period of 24 months. This infrastructure will be responsible for supplying green energy to the first OPS electrification project of the Transversal de Costa-MSC quay.

In this regard, Joan Calabuig, president of Valenciaport, stressed that “these are just two examples of real projects in the execution phase that confirm the firm commitment that Valenciaport is making to achieve the goal of being a zero-emissions port by 2030, twenty years ahead of the European Green Pact. It is a commitment to sustainability and to the society of our environment that is supported by initiatives such as the electrification of the docks, the use of hydrogen in port operations, the installation of photovoltaic plants or the commitment to intermodality with the railway. We are committed to sustainable growth that reinforces our position as a port of reference in the Mediterranean”.

Project included in the Next Generation Funds

The joint contracting of the preparation of the project and the execution of the corresponding works in the same procedure is carried out in response to the fact that there are no references in Europe compatible with the ISO/IEC/IEEE 80005 standard and in Spain there is currently no previous experience of OPS projects in operation with the characteristics of the pilot project defined by the Port Authority of Valencia. The combination of the individual components required for this type of installation (transformers, protection cells, disconnectors, frequency converters, etc.) with infrastructures for supplying electricity to ships requires specific projects, with technically complex solutions that have to be designed specifically for each location. In addition, and given that the execution of the construction project is subsidised by the European Union’s Next Generation funds and the Spanish Government’s Recovery, Transformation and Resilience Plan, the joint tender is the only way to meet the established deadlines, since if two separate contracts were launched, the one for the execution of the construction project could not be launched until the one for the drafting of the construction project had been awarded, which would mean that the work would be completed beyond the deadline for the execution of the works to meet the target set by Europe.

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MOL joins GCMD as impact partner to accelerate decarbonisation




MOL joins GCMD as impact partner to accelerate decarbonisation. Image: Pixabay
MOL joins GCMD as impact partner to accelerate decarbonisation. Image: Pixabay
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The Global Centre for Maritime Decarbonisation GCMD and MOL announced the signing of a five-year Impact Partnership agreement. On the same day, both parties held a signing ceremony at the GCMD office in Singapore.

Decarbonisation in the maritime industry is a challenge that needs to be achieved through accelerating collaboration and increasing investment by shipping companies, their customers, ports, energy suppliers and public sector actors. As an Impact Partner of GCMD, MOL will utilise its expertise developed over their long history and make various contributions and collaborations through its participation in GCMD’s projects, including providing access to vessels, operating data and evaluation reports so that internal learnings can be shared publicly and used for future trials.

MOL is one of the world’s leaders in the maritime industry and has been leading worldwide discussions on achieving decarbonisation. The carbon budget concept imposes a ceiling to the cumulative amount of greenhouse gas (GHG) that can be emitted globally in order to limit global temperature rise to 1.5 degree Celsius by 2050. Intermediate targets to reduce emissions, in addition to a net-zero target, are necessary. While plans are in place to adopt low or zero emissions vessels in the future, it is important to deploy measures to reduce emissions now. Such measures include the use of low-carbon and transition fuels that are available today, and deploying energy savings devices onboard vessels. MOL will bring its extensive capabilities and experience to bear as it joins GCMD and existing partners to accelerate international shipping’s decarbonisation.

Professor Lynn Loo, CEO of the Global Centre for Maritime Decarbonisation, said: “We are proud to have MOL, one of the leading shipowners in Japan, come onboard as an Impact Partner. We are excited to tap on MOL’s track record in developing technical energy efficiency measures to broaden our perspective as we scope an initiative to help increase industry adoption of measures that can increase fuel efficiency of ships.”

Toshiaki Tanaka, Representative Director, Executive Vice President Executive Officer, and Chief Operating Officer of MOL, said: “We are very pleased to be a partner of one of the most important global coalitions. We will make our biggest effort to contribute and accelerate progress towards the net zero future in maritime industry, together with GCMD and all its partners.”

About the Global Centre for Maritime Decarbonisation

The Global Centre for Maritime Decarbonisation (GCMD) was set up on 1 August 2021 as a non-profit organisation. Our strategic partners include the Maritime and Port Authority of Singapore (MPA), BHP, BW Group, Eastern Pacific Shipping, Foundation Det Norske Veritas, Ocean Network Express, Seatrium, bp, Hapag-Lloyd and NYK. Beyond the strategic partners, GCMD has brought on board 15 partners that engage at the centre level, in addition to more than 80 partners that engage at the project level.

Strategically located in Singapore, the world’s largest bunkering hub and second largest container port, GCMD aims to help the industry eliminate GHG emissions by shaping standards for future fuels, piloting low-carbon solutions in an end-to-end manner under real-world operations conditions, financing first-of-a-kind projects, and fostering collaboration across sectors.

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Container Shipping Lines

Wan Hai Lines establishes its new office in India



Wan Hai Lines establishes its new office in India. Image: Unsplash
Wan Hai Lines establishes its new office in India. Image: Unsplash
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Aiming to further enhance service quality and gain a stronger foothold in the Indian sub-continent, Wan Hai Lines has established its India new office in Kolkata in July 2023. Contact details for the new office are as follows: WAN HAI LINES (INDIA) PVT. LTD 3rd Floor, Block C, Apeejay House, 15 Park Street, Kolkata, West Bengal, 700016 TEL: 91-33-4450 4500 According to the 2023 Foreign Trade Policy announced by the Indian Ministry of Commerce and Industry, India’s export trade volume will reach 2 trillion US dollars in 2030.

Therefore, benefiting from government policy incentives and the shifting trend of the global supply chain, India’s status in global manufacturing and international trade is increasing, which is conducive to maintaining long-term high economic growth. And the proportion of global exports has increased significantly. In addition, the continuous economic stimulus policy will help revitalize the domestic economy, and domestic demand is expected to increase significantly. Therefore, Wan Hai is optimistic about India’s future import and export situation. And also through the establishment of a new office to improve the overall operating efficiency.

Wan Hai India Kolkata office held a grand opening reception in the evening of 27th July. During the banquet, there were many important customers & guests. The Kolkata Port Authority, Kolkata terminal operators, feeder operators and important local customers were invited to send representatives to attend the meeting to express their blessings to Wan Hai’s opening of the Kolkata market. At present, Wan Hai has six owned offices in India, namely Mumbai, Chennai, Mundra, and Vizag, Delhi and the sixth office Kolkata office. In addition to directly providing river port services, it will also simultaneously strengthen service links between India and neighboring countries, such as Nepal and Bhutan. It is expected to pursue customer first through continuous expansion in the future and sustainable business philosophy.

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