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Shanghai port handles slightly higher box volumes in February

Shanghai port handles slightly higher box volumes in February
China’s Shanghai port has handled marginally higher container volumes in February compared to the same month of last year, according to figures from Shanghai International Port (Group) Co (SIPG).

Container throughput in February 2016 was recorded at 2.59m teu, up a mere 0.8% from 2.57m teu seen in the previous corresponding period, data from SIPG showed.

On a month-on-month comparison, however, last month’s throughput dropped by 11.9% from 2.94m teu registered in January.

Over the first two months of 2016, Shanghai port moved a total box throughput of 5.53m teu, a decline of 3.5% compared to 5.73m teu in the same period of 2015.