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duisport semi-annual review 2019 – Port of Duisburg affected by global economic slow-down
During the first six months of 2018, the container volume handled by Duisburger Hafen AG (duisport) totaled 1.96 million TEU. The slight drop from the previous year (2.01 million TEU) is mainly due to lower Scandinavian volumes, which were caused by security-related restrictions to rail transport. Container handling, which accounts for approximately 55 percent of total handling volume and continues to rise, is the most important goods segment of the duisport Group. Total handling volumes (31.0 million tonnes) declined by 5 percent during the first six months of this year (32.6 million tonnes in 2018).
Global economic activity is slowing down. The IMF expects that in 2019, the global GDP will be almost half of the 2010 figure. For example, incoming orders for the export-dependent German industry dropped by 8.6 percent in May 2019 compared to the previous year. After years of continuous growth, duisport now operates in an increasingly difficult environment.
The China business, on the other hand, continues to be stable. Approximately 35 trains travel between duisport and various destinations in China every week. During the first half of the 2019 financial year, duisport strengthened its leading position in the China trade by cooperating with international partners in joint projects along the Belt & Road corridors. One of the main goals is the reduction of travel times for the freight trains. duisport continues to view the China business as an important growth driver, hence its commitment in China along the Belt & Road corridors.
Milestone: EDEKA obtains building permit for central warehouse in Oberhausen
EDEKA Rhein-Ruhr has received the approval to build and operate a central warehouse on the 279,000 square meter Waldteich parcel in Oberhausen from the City of Oberhausen. The approval under the Federal Emission Control Act for EDEKA Rhein-Ruhr was handed over by Lord Mayer Daniel Schranz. The new logistics location will initially create around 1,000 jobs.
The ceremony in the city hall was also attended by representatives of RAG Montan Immobilien GmbH and logport ruhr GmbH. RAG is responsible for the redevelopment of the 279,000 square meter former coal storage. The redevelopment activities will be carried out by logport ruhr - a joint venture of RAG and Duisburger Hafen AG.
Peter Meis, Manager of Site Development & Expansion at EDEKA Rhein-Ruhr: “Thanks to the modern central warehouse, EDEKA can continue to grow and continue its success story. For the City of Oberhausen, EDEKA delivers economic stability and many workplaces. We look forward to working with the city, RAG Immobilien and logport ruhr to create a positive future for Oberhausen and promote the structural transformation in the Ruhr region.”
logport ruhr plans to transfer the first parcel to EDEKA at the end of July. The absence of warfare materials in the parcel must be verified prior to the start of construction. The required applications to investigate the presence of warfare materials have been submitted, and the measures that are required in this context can be implemented. Construction of the high-rack warehouse will begin as soon as the soil is confirmed to be free of warfare materials.
Following the completion of the state-of-the-art logistics center, EDEKA will supply over 1,000 food and beverage markets in the Rhine-Ruhr region. Based on the current situation, regular operations are expected to start in 2022. Edeka will invest approximately EUR 100 million in the “Edeka central warehouse Oberhausen” project.
“When a company such as Edeka invests that much money in Oberhausen, we can certainly interpret this as proof of confidence in the growth of our city. With the handover of the building permit, we have taken another big step towards implementing this project,” says Lord Mayor Daniel Schranz.
The EDEKA central warehouse will create approximately 90,000 square meters of new logistics space. It will be connected to the nearby A3 with a new access road that will be built by logport ruhr - in coordination with the City of Oberhausen. The A3, which is one of the main highways in Germany due to its routing from the Netherlands through the Ruhr and Rhine region, is of particular importance to the location of the Edeka warehouse.
“Projects such as “logport V” in Oberhausen play a key role in the success of the structural transformation in the Rhine-Ruhr region. They strengthen Germany as a place of trade and logistics services and secure thousands of workplaces,” says port chief Erich Staake.