Bloomberg: the biggest port of Germany "losing ground" because of the punishment

Hamburg loses its place in the list of the largest container ports in Northern Europe in the end of anti-Russian sanctions, which affected the Maritime, writes.

the largest port of Germany did not want from his target with a capacity of 10 million containers after the message about the fact that trade with Russia decreased by 35% during the first three months of 2015. Hamburg serves as the main Central hub through which the containers from deep-sea ships from Asia are combined into smaller, boot the vessels for the ports of the Baltic sea and among them to the Russian port of St. Petersburg. Container cargo turnover decreased by 2, by 3 per cent to 2, 3 million standard 20-foot containers, reducing the share of Hamburg in the Northern European market of Europe at 1, 6% 25, 2%, said the marketing Department of the port.

"German trade with Russia has declined significantly since then, as punishment entered into force last year, so that the German ports are the most vulnerable to the problems of Russia ", - said the Director of the Institute of Economics and logistics of shipping Burkhard Lemper. German exports to Russia fell by 18% in the past year, says the magazine. Its decline has accelerated to 34% in the first two months in 2015.


Western countries since March 2014 several times already imposed penalties because Russia's position on Ukraine. The last case of the use of such practices were the limits imposed in March 2015, when expanded sanctions List of the USA.

The list of Russian citizens and organizations who have fallen under the punishment - in the material of the Fins news


sections: Politics