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Shanghai port container throughput drops in May

Shanghai port container throughput drops in May
China’s Shanghai port saw its container volumes decline in May both on a year-on-year and month-on-month comparisons.

Box throughput in May was recorded at 3.09m teu, a drop of 2.2% compared to 3.16m teu in May last year, according to figures released by Shanghai International Port (Group) Co (SIPG).

Compared to 3.12m teu seen in April this year, last month’s volumes inched down by 1%, SIPG data showed.

In the first five months of this year, Shanghai port moved a total throughput of 14.75m teu, a decrease of 1.3% from 14.94m teu registered in the same period of 2015.