Friday, July 26, 2019

Shipping: So What's New In the Hanseatic League?

First up, a bit of backstory, November 24, 2017:

A Tale of Two Cities: Hamburg and Lübeck—Lessons in Trade, Geography and Urbanism
Sorry Lübeck, the umlaut might not print correctly on this platform.

From ProMarket:

The German cities of Hamburg and Lübeck have an interwoven and eventful history. Whereas Lübeck offers an example of how dominant cities may become unattractive and decline when they end up serving the interests of a privileged few and refuse to change, Hamburg serves as a tale of how cities can reinvent themselves by changing with the times.
The cities of Hamburg and Lübeck in the north of Germany are just 65 kilometers (40 miles) apart. Yet, given the shape of the Jutland peninsula, Hamburg lies on the Atlantic coast, while Lübeck lies on the Baltic.
The two cities have an interwoven and eventful history. Both Hamburg and Lübeck were members of the medieval Hanseatic League. This league was a federation of merchant guilds—an association of wholesale traders that had a privileged regional monopoly over trade—that traded across northern Europe. These guilds were the dominant way of doing trade across medieval Europe.
Within the Hanseatic League, Hamburg and Lübeck were sprawling cities. While Lübeck served as the chief Baltic entrepôt of Europe, Hamburg provided the Hanseatic League with access to the Atlantic. Between the two cities lay the elaborate Elbe river and canal system to facilitate transport of goods. Lübeck prided itself on being the Queen of the Hanseatic until the fifteenth century, while Hamburg was its smaller, allied partner.
https://promarket.org/wp-content/uploads/2017/11/HamburgLubeck.png
Times became rocky for the Hanseatic system in the fifteenth century. This was in part due to the rise of the Dutch, who were once beneficiaries of trade with the Hanseatic but were now the league’s seafaring competitors. Before the arrival of the Dutch, almost all trade to and from the Baltic passed through Lübeck. Likewise, Hamburg benefited from being the sole major Atlantic port of the Hanseatic. The link between Lübeck and Hamburg was a crucial route for trade in the north. However, the Dutch began to trade with the Baltic by navigating around the Jutland peninsula and through the Sound (Øresund). Thus, the Dutch soon began to reach the Baltic shores without the need to visit Hamburg and/or Lübeck. This competition from the Dutch disrupted the two cities’ centuries-old domination over trade between the Atlantic and the Baltic.
How did the two cities respond? Differently. Lübeck responded to this competition with the Dutch by giving more privileges to its own merchants and by leading a persistent attempt to disrupt the Dutch trade through the Sound (which included taking part in the Dano Hanseatic War of 1426-35 and the Dutch Hanseatic War of 1438-41). In contrast, while Hamburg initially was an ally to Lübeck in its resistance to the Dutch (including in the two wars), it eventually began to diverge from its partner in the sixteenth century. Hamburg opened trade to all locals and non-locals, and instead of resisting this rising Dutch trade, it “adapted itself perfectly to the changing situation” and moved toward an open system of trade that welcomed diverse merchants (Dollinger, 1970, p. 355). Thus, Hamburg internally reformed, and the centuries-old privileges that a few of its merchants enjoyed declined, especially in the sixteenth century. This made a difference.
Hamburg over time became integrated with the Atlantic trading system to its west, and expanded as a major Atlantic entrepôt of northern Europe. Traders from around Europe could trade in Hamburg, and this attracted more merchants and more trade. And what about Lübeck? While the traditional traders held onto their privileges in the city, Lübeck as a whole declined slowly but persistently, especially after the sixteenth century.
Dollinger (1970, p. 372), recounting the decline of Lübeck in his classic book The German Hansa, wrote:...MUCH MORE
And from gCaptain, July 24, 2019:

Elbe River Dredging Kicks Off
The project to widen and deepen the Elbe River has kicked off with the arrival of DEME Group’s hopper dredger ‘Scheldt River’.

The project consists of widening and deepening the 72-mile long Elbe fairway, leading to the port of Hamburg, to allow two-way traffic of ultra-large containerships without restrictions.

“This is very good news for our trading and shipping customers in the German and European hinterland and all our worldwide business partners,” said Axel Mattern, Joint CEO of Port of Hamburg Marketing.

Following completion of the project, ocean-going ships will be permitted to leave Hamburg with a draft of 13.5 meters, or 14.5 meters depending on tide, which is an entire meter more than currently allowed. The Port of Hamburg estimates the extra draft will allow containerships to transport around 1,800 more twenty-foot containers per call....MORE
If interested see also:
Shipping: "Hamburg: China’s European trade hub"
...Unlike Rotterdam in the Netherlands, which processes a higher volume of traffic but primarily handles crude oil, Hamburg focuses on container shipping. Though the top 20 container ports in the world are mostly in East Asian locales such as Shanghai, Singapore and Shenzhen, Hamburg is Europe’s third-largest container port...
And it all ties together in one neat, 600 year old package.