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Cosco Shipping Ports July throughput up 12% to 8.6m teu

Cosco Shipping Ports has continued its strong and steady pace of growth in July, with overall throughput rising 12.1% to 8.59m teu, led by a stellar performance at its Bohai Rim ports and overseas terminals.

The Bohai Rim region saw throughput rise 21.5% to 1.69m teu from 1.39m teu in the previous corresponding quarter. This was largely driven by a good gains at the Dalian Container Terminal, where volumes rose by half to 870,500 teu.

The other two key regions in the Yangtze River Delta and the Pearl River Delta saw declines or flat growth. Volumes at the former fell 2.5% to 1.64m teu while at the Pearl River Delta, which remains the biggest throughput contributor by proportion, volumes barely changed, falling 0.8% to 2.47m teu from 2.49m teu. The Hong Kong terminals within the cluster put in the worst performance, falling 16.6% to 259,900 teu.

Among the other regions, it was left to the newer ports in the southeast coast and southwest coast to bump up the overall figures, where the former saw throughput rising 8.0% to 468,700 teu and Guangxi Qinzhou International Container Terminal, the sole terminal on the southwest coast, had a steady 5.4% rise in volumes to 118,700 teu.

Meanwhile volume growth at Cosco Shipping Port’s overseas terminals continues to roar along, leaping 42% to 1.20m teu.