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Cosco Pacific drives forward on growth at newer terminals

Cosco Pacific drives forward on growth at newer terminals
Port operator Cosco Pacific continued to make good progress in the first month of the year, with throughput at all its terminals rising 6% to 5.9m teu and the newer terminals on the southeast coast and international segment showing the highest growth of 32% and 11% respectively.

On the other hand the by now familiar story of flattening out in the established ports in the Bohai Rim and Yangtze River Delta continued also with growth of 1.4%in the former and just 0.1% in the latter. Although these are from traditionally very high bases of 2.1m teu and 894,500 teu respectively in January 2014.

These rose to 2.2m teu and 895,400 teu respectively in the first month of 2015. In contrast throughput at the southeast coast terminals rose from just 280,800 teu in the previous corresponding period to 369,800 teu in January.

The Pearl River Delta ports meanwhile thread a middle path of relatively good 9% growth from a high base of 1.5m teu last year to 1.7m teu in January this year.

TAGS: China