ROTTERDAM TO GROW BY A FIFTH

Rotterdam is forecasting a 20% increase in port related land use over the next 15 years.

The dominance of Maersk can be seen in figures released by Algeciras port authority covering January and February 2005 during which throughput at the port amounted to 501,514 TEUs.

The Port Vision 2020 programme forecasts cargo volumes will grow to 460m from 328m tonnes in 2003.

Much of this increase will be accounted for by oil transhipments, imports and re-exports. The growth will cost the port around €2.6 billion including the Maasvlakte 2 development.