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Antwerp Holds Steady Even in Stormy Waters

8:31 AM MDT | June 15, 2009 | Ian Young

The global economic and financial crisis is taking its toll on Europe’s major ports, resulting in lower volumes of chemicals traffic. Even the port of Antwerp, which has built itself during the last 15 years into the biggest distribution hub in Europe for chemicals, is not immune. Liquid bulk traffic decreased 4% at Antwerp in the first quarter of 2009, to 9.3 million m.t. Vanrolleghem: 'Liquid bulk traffic doubled in the last 15 years and 2008 was still not a bad year.' “Liquid chemicals had a hard time at the start of 2009, although oil products and...

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