Chinese ports demonstrated a robust performance with a 4.9% year-on-year surge in container volume during the January-October period, reaching a total of 257 million TEUs (Twenty-Foot Equivalent Units). Concurrently, cargo volume at Chinese ports exceeded 14 billion tons, marking an 8.5% year-on-year increase.
The leading trio of Chinese ports exhibited noteworthy achievements in container throughput from January to October. Shanghai, the primary port, experienced a modest 2.8% year-on-year growth, handling 40.2 million TEUs. Following closely, Ningbo & Zhousan port achieved a 4.5% increase, managing 30.2 million TEUs, while the Port of Shenzhen secured the third position with 24.06 million TEUs, albeit witnessing a marginal 0.5% decline in container throughput.
These figures underscore the pivotal role these ports play in global trade, serving as key facilitators for the seamless movement of goods and solidifying their positions as influential players in the international commerce landscape.
Examining Chinese ports with significant growth in percentage points, Beibu Gulf led with an impressive 16.5% year-on-year increase, handling 6.51 million TEUs. Yinkou Port secured the second spot with a 14.5% rise, managing 4.37 million TEUs, closely followed by Dalian Port in the third position, boasting a 13.1% increase and handling 4.05 million TEUs.
Conversely, some Chinese ports experienced more modest growth during this period. Shenzhen reported a marginal 0.5% decline, marking it as the only port with reduced volumes. Xiamen port recorded a modest 1.8% increase, handling 10.36 million TEUs, indicating a slower pace of growth compared to other counterparts. Similarly, Guangzhou port witnessed a marginal 2.5% growth, managing 20.78 million TEUs. Overall, the performance of Chinese ports reflects their resilience and adaptability in the dynamic global trade landscape.
Source: container-news.com