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Port of Taranto sees cargo plummet in H1 2024

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Taranto, Italy (Ports Europe) July 29, 2024 – The Port of Taranto’s dramatic fall in Q1 24 cargo traffic has continued into the second quarter of the year. The numbers are now at an all-time low.

Following a January 2024 rise of +7.5% in cargo traffic, the port has reported cumulative losses: February (-22.4%), March (-28.6%), April (-20%), May (-28.7%) and June, an overall drop of 40.3% compared to the same period of 2023.

According to figures from Assoporti, in H1 2023, the port handled 7.07 million tonnes of cargo. For the same period, the TEU number was 22,640.

(also and above all due to the very serious crisis that has hit the former Ilva steelworks in Taranto). As, incidentally, the president of the Ionian Sea Port System Authority Sergio Prete announced in good time during the monothematic municipal council meeting on 15 May.

For the third time since the beginning of the year, there was a drop in the figures for liquid bulk (-21.7%) linked to the activities of the Eni refinery. However, with the expected completion in October of the work on the extension of the oil jetty envisaged by the Tempa Rossa project from 2025, the traffic of oil products could grow.

Solid bulk was down 44.4%, due to the crisis faced by the former Ilva steelworks, which has been running with only one blast furnace and is once again under extraordinary administration since last February. Its steel output is at a historical low.

Imports were down -49.9% and exports -20.5%, and miscellaneous goods slumped by -54.5%.

Ship visits were down 28.2%.

Containers decreased by -90.8%.

The only positive figure came from cruise ship passengers (+45%).

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