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Container volume at major Chinese ports up 2.9% in mid-August

Ningbo-Zhoushan port 2020.jpg
Container volume at major Chinese ports increased 2.9% year-on-year in mid-August, according to statistics released by the China Ports and Harbours Association.

The export container volume of eight major ports increased 1.1% year-on-year while the domestic container volume increased 8.7%. The port of Ningbo-Zhoushan posted 15.9% growth rate in mid August.

The cargo throughput at major coastal ports increased 12.1% year-on-year, and the export cargo volume increased 7.8%.

Iron ore shipments at major Chinese ports increased 3.3% while the port inventory declined 4.6%.

The port business of the middle and lower reaches of Yangtze river improved as the flood-hit regions had resumed production. Cargo throughput at three major ports along Yangtze river, Nanjing, Wuhan and Chongqing, increased 12.6% compared to early-August, however, the container volume of these three ports dropped 9.4% year-on-year.