Archive for the ‘shipping’ tag
Port of Rotterdam Suffers from Economic Downturn
NRC Handelsblad is reporting that container traffic in Rotterdam, Europe’s largest port, is down 15% and overall shipping traffic down 13.4%. The downturn is expected to continue through the remainder of the year.
This is, or course, reflective of the overall downturn in shipping. The Baltic Dry Index, a measure of the cost of shipping goods, is down to a quarter of what it was a year ago.
nrc.nl – International – Rotterdam port turnover drops sharply: “”
