Seaborne

Port of Hamburg’s sea freight throughput increased 1.1% to 136.6 million tonnes in 2019

With a sea freight throughput up 1.1% to 136.6 million tonnes, Germany’s largest universal port can post an excellent result for 2019. Faced with the slowdown in world trade and trade sanctions, Hamburg has performs well in a tough environment, the company said in its statement. “The Port of Hamburg is not only one of […]

Seaborne

51% increase in US crude oil exports transported by sea

December could boast another all-time record for U.S. crude oil exports by sea, totaling 13.9 million metric toe and surpassing October’s previous record by nearly one million metric tons. In 2019, 133 million metric tons of US sweet crude oil were exported by sea, a 51% increase from 2018. Due to the American shale revolution, […]