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Another record year for Port of Antwerp

Staff Writer |
2018 looks set to be a record year for the Port of Antwerp for the sixth time in a row, with growth in all types of cargo and a recent wave of investments.

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This confirms the port's attraction and further establishes its position as a world-class player that is also home to the largest integrated chemical cluster in Europe.

Crucially it also assures the continuity of the port's role as the main engine of the Belgian economy. In 2019 the Port Authority will keep to the same course, further building a sustainable future for the port.

In pursuit of this goal it is concentrating heavily on structural solutions to challenges such as mobility, the energy transition, digitisation and innovation.

With expected growth of 5.1% compared with 2017, the earlier forecasts of a 6th successive record year have been confirmed.

The expected total freight volume in 2018 comes to 235 million tonnes, a new record, with unparalleled growth in all types of cargo.

The large expansion in container freight continues, reaching 130 million tonnes (up 5.8%) or 11 million TEU (up 5.5%). Liquid and solid bulk for their part are up by respectively 4.5% (to 76.5 million tonnes) and 5% (to 12.8 million tonnes), while breakbulk has experienced growth of 1.8% (to 15.6 million tonnes).

In 2018 leading international players in the chemical industry including among others Borealis, INEOS, Nippon, Sea-Mol and Oiltanking/AGT brought a huge wave of investment to the port, amounting to more than 2 billion euros.

Their choice of Antwerp further confirms the port's attractiveness for chemical companies, as the largest integrated chemical cluster in Europe. Indeed it makes Antwerp even more attractive for them.

While the new record year and the investment surge together confirm the vitality of the port, they also confirm earlier forecasts that the maximum container capacity will very soon be reached so that additional container handling capacity is urgently needed.


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