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Annual Report 2006

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In <strong>2006</strong>, the growth achieved by the Amsterdam<br />

Port Area can be almost entirely attributed to the<br />

expansion of activities in the Port of Amsterdam,<br />

where cargo throughput rose by 13.4% to over<br />

61 million metric tons. In Amsterdam, oil products<br />

are one of the two booming sectors, growing by<br />

22% to more than 23 million tons. The other rapid<br />

grower is the container business, of course. While<br />

the volume of containers transshipped at the Port<br />

of Amsterdam is still limited (3.3 million tons), the<br />

growth in this sector can only be described as<br />

spectacular (from 66,000 to over 300,000 TEUs).<br />

Naturally, the cargo throughput in Amsterdam is<br />

very much linked to the local capacity for storage<br />

and transshipment. For example, the recent investments<br />

in the container terminal are now being<br />

reflected in the volume of containers handled by<br />

Amsterdam. More good news is that investments<br />

in container terminal capacity are continuing at<br />

an increased rate. In the year under review, the<br />

Port of Amsterdam leased out an impressive 80<br />

hectares of land (gross), which well exceeded<br />

the annual average of 25 hectares seen over many<br />

years. Important transactions were the lease of<br />

28.7 hectares to LBH/Rietlanden (for a new coal<br />

terminal in the Afrikahaven); 14 hectares to<br />

Handelsveem; 6.5 hectares to Oiltanking (which<br />

is further expanding its business); as well as<br />

9 hectares to Greenmills. These developments<br />

mean that the transshipment of coal and oil products<br />

will continue to grow in the coming years.<br />

Beyond that, the transshipment of bio-fuels will<br />

(partly parallel to the gasoline market) take off as<br />

a result of three initiatives taking shape in the port.<br />

In container transshipment, developments in recent<br />

months have shown that the Netherlands requires<br />

at least two but perhaps three full-fledged container<br />

ports to accommodate the strong growth in<br />

container shipping and to retain its market share.<br />

Remarkably, it is taking a long time for all participants<br />

in this chain to adjust their policies to the<br />

new reality. I expect the container business in<br />

Amsterdam to grow to 500,000 TEUs over 2007,<br />

and that new container shipping services will begin<br />

using Amsterdam in the future.<br />

The Ceres Paragon container terminal benefits the<br />

regional economy on two fronts. First of all, local<br />

companies are now making considerable savings on<br />

delivering goods to our seaport and picking them<br />

up here (reducing before-and-after transport).<br />

Beyond that, the large number of containers handled<br />

by this terminal is providing work for the local logistics<br />

and distribution sector. An example of this is<br />

a phased plan by a well-known property developer<br />

to build a 110,000-square meter ultramodern distribution<br />

center in Atlaspark on a risk-bearing basis.<br />

The continuing expansion at the port is also placing<br />

heavy demands on the port authority. We will have<br />

to put in an even greater effort to create optimum<br />

conditions for our customers. To further improve<br />

the port’s accessibility, the port authority is pushing<br />

vigorously for the speedy construction of a second<br />

major canal lock in IJmuiden, where the North Sea<br />

Canal discharges into the North Sea. The Port of<br />

Amsterdam and the Directorate-General for Public<br />

Works and Water Management will have to jointly<br />

develop methods for realizing this project as quickly<br />

as possible and on budget. Working under increased<br />

pressure only enhances our capacity for innovation,<br />

which has yielded substantial benefits<br />

in recent years.<br />

Furthermore, in all aspects of our operations, the<br />

subject of sustainable development will figure<br />

even more prominently. As a port, we aim to play<br />

a pivotal role in the regional, national and international<br />

economy. But we can only continue to do<br />

so, if we operate in a future-oriented fashion.<br />

Finally, I would like to thank the entire staff of the<br />

Port of Amsterdam for all their hard work and dedication<br />

over the past year.<br />

hans Gerson<br />

Executive Director and CEO

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