logo
Rotterdam port throughput down 4.1% in first half of 2025

Rotterdam port throughput down 4.1% in first half of 2025

Reuters22-07-2025
AMSTERDAM, July 22 (Reuters) - Throughput at the Port of Rotterdam, Europe's largest sea port, was down 4.1% in the first half of 2025, it said on Tuesday, with dry bulk falling 8.9% and wet bulk down by 5.3%.
Overall volumes stood at 211 million metric tons in the first six months of 2025 compared with 220 million tons a year ago.
"The lack of investment in the industry by the market is a cause for concern for the port authority," the Port of Rotterdam said in a statement.
"Although the government has taken positive steps recently to bring the playing field for Dutch industry more in line with that of neighbouring countries, additional measures are necessary."
The port authority said its revenues nonetheless rose by 5.2% during the first half of the year to 462.3 million euros ($540.75 million), adding that this was mainly due to inflation and a "balance of various new and expiring contracts".
The company's earnings before interest, taxes, depreciation and amortisation increased by 1.1% to 295 million euros while net income fell by 3.2% to 143.6 million.
($1 = 0.8549 euros)
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Lottomart welcome bonus: Get a 100% match up to £200 + 100 bonus spins
Lottomart welcome bonus: Get a 100% match up to £200 + 100 bonus spins

The Sun

time28 minutes ago

  • The Sun

Lottomart welcome bonus: Get a 100% match up to £200 + 100 bonus spins

LOTTOMART casino is giving new UK players a fantastic chance to double their first deposit and enjoy extra spins on top! If you're new to the site, you can claim the Lottomart welcome package and start playing some of the hottest slots right away. That's not all — you'll also get the chance to explore their huge range of casino games, from exciting slots to classic table games, with bonus funds boosting your balance. What is the welcome offer? If you're 18 or older and new to Lottomart, you can grab a 100% deposit match bonus up to £200 plus 100 bonus spins when you make your first deposit of at least £20. The 100 no wagering free spins are credited as 10 per day over 10 days and can be used on the thrilling slot Big Bass Bonanza. Each spin is worth 20p, and they'll expire 24 hours after being credited. The bonus funds have a 50x wagering requirement, and the game eligibility and contribution rates vary — so be sure to check the terms before you play. How to claim the offer Claiming your Lottomart welcome bonus is quick and simple. Just make sure you opt in during registration and follow the steps below: Visit the Lottomart website Sign up for a new account and choose the welcome offer Deposit at least £20 Your 100% deposit match bonus will be credited instantly Bonus spins will be credited daily for 10 days after your qualifying deposit What happens next? Once your deposit is made, your bonus funds are added to your account, doubling your playing balance up to £200. You can then start using your bonus money on eligible games. Your 100 bonus spins will be credited in batches of 10 per day over 10 days, and you'll have 24 hours to use each batch before they expire. Any winnings from spins are paid as cash funds without wagering requirement. Terms and conditions of this casino bonus offer Before you make your first deposit, here are the key points to keep in mind: New UK players only, 18+ Minimum deposit £20 100% match bonus up to £200 with 50x wagering 100 spins credited as 10 per day over 10 days, each worth 20p Spins valid for 24 hours after credit Game eligibility and contribution rates vary Bonus funds expire 7 days after credit if wagering is not met By following these simple steps and keeping the terms in mind, you can make the most of Lottomart's generous welcome package and start your casino journey with a boosted balance and free spins. Remember to gamble responsibly A responsible gambler is someone who: For help with a gambling problem, call the National Gambling Helpline on 0808 8020 133 or go to to be excluded from all UK-regulated gambling websites.

Indonesia unveils 2026 budget with lower deficit, targets fiscal balance within three years
Indonesia unveils 2026 budget with lower deficit, targets fiscal balance within three years

Reuters

time28 minutes ago

  • Reuters

Indonesia unveils 2026 budget with lower deficit, targets fiscal balance within three years

JAKARTA, Aug 15 (Reuters) - Indonesian President Prabowo Subianto on Friday proposed a $234 billion budget for 2026, forecasting a deficit of 2.48% of GDP, while pledging to eliminate the shortfall and achieve a balanced budget within three years. The 2026 budget, which targets annual GDP growth of 5.4%, seeks to ensure Southeast Asia's largest economy is "strong, independent and prosperous", Prabowo told parliament in delivering his administration's first budget. Prabowo took office in October with a 2025 budget prepared by his predecessor. Parliament typically takes about a month to review budget proposals. Investors are closely watching Prabowo's fiscal policy due to his potentially costly election promises and past remarks indicating willingness to take on more debt to spur growth of 8% during his term. "We want to reduce this deficit to as small as possible and it is my hope that one day, in 2027 or 2028, I will stand before this assembly to convey we have succeeded in having a state budget with no deficit," he said. This year's fiscal deficit forecast is 2.78% of GDP. The 3,786.5 trillion rupiah ($234.39 billion) budget unveiled for 2026 is 7.3% higher than the latest estimate for 2025 spending. Prabowo's revenue target is 3,147.7 trillion rupiah, about 9.8% higher than this year's projection. The proposal is based on inflation at 2.5% and the rupiah trading at an average 16,500 per dollar next year. Maybank Indonesia economist Myrdal Gunarto described the budget as structurally prudent, but said that President Prabowo had not clarified how the projected surge in revenue would be realised. GDP growth of 5.4% is above average for the past five years. "This target assumes aggressive growth in investment and exports" against a backdrop of geopolitical uncertainties, said Josua Pardede, an economist at Bank Permata. Prabowo promised to fully implement his flagship free meals programme for 82.9 million children and pregnant women, which he said would cost 335 trillion rupiah ($20.74 billion) and had reached 20 million people so far. He allotted 171 trillion rupiah for the programme this year. Defence spending would rise by 37% to 335.3 trillion rupiah in 2026, according to the budget document. Prabowo emphasised the need to modernise Indonesia's military hardware and highlighting the country's deposits of rare earths that are critical to modern defence technologies. Prabowo also announced his ambition to transition entirely to renewable energy within the next decade - or sooner - marking a shift away from coal and other fossil fuels that Indonesia relies on for more than half of its power. A 402.4 trillion rupiah budget is proposed for energy resilience, including subsidies and incentives for renewables, finance minister Sri Mulyani Indrawati told a press conference. Prabowo budgeted a 25% drop in cash transfers to provincial and local governments to 650 trillion rupiah, a possible move to create fiscal space. To fund the budget gap, the administration will encourage "creative financing" to boost the role of new sovereign wealth fund Danantara and the private sector, he said, without elaborating. He made no mention of his predecessor's project to move the capital from Jakarta to Borneo island, but its continued construction was included in the budget proposal document.

Nigeria's inflation eases in July, food price rise
Nigeria's inflation eases in July, food price rise

Reuters

time28 minutes ago

  • Reuters

Nigeria's inflation eases in July, food price rise

ABUJA, Aug 15 (Reuters) - Nigeria's annual inflation rate (NGCPIY=ECI), opens new tab eased in July to 21.88% from 22.22% in June, marking the fourth month of decline, data from its statistics agency showed on Friday. Inflation has been on a downward trend this year after the statistics agency updated the base year for its calculations and reweighted the basket of items it uses to gauge price trends. The price index had soared to more than 34% last year before the rebasing. Food inflation, a key driver of the headline rate, stood at 22.74% year on year (NGFINF=ECI), opens new tab in July compared with 21.97% the month before. The central bank last month kept its monetary policy rate on hold at 27.50% (NGCBIR=ECI), opens new tab for the third consecutive time this year, pledging to maintain its current stance until inflation risks recede. Central Bank Governor Olayemi Cardoso acknowledged in July that inflation was easing but said rate-setting decisions were based on the need to sustain disinflation.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store