Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

SIPG yangshan.jpg

Container volume at major Chinese ports drops 5.8% in H1

In the first half of this year, container volume at eight major Chinese container ports declined 5.8% year-on-year.

With the resumption of work and production, the cargo throughput started to recover from February, and dropped 2.1% year-on-year in the first six months.

Crude oil imports in the first half were 270m tons, an increase of 9.9% year-on-year. Crude oil shipments at coastal ports maintained growth and posted an increase of 7.5%.

Iron ore import volume was 550m tons in H1, an increase of 5.5% comparing to the same period of last year. The ore throughput at major ports increased 8.9%.

Shipping business along Yangtze river suffered a bigger loss in H1 due to the outbreak of Covid-19 pandemic. Cargo throughput at hub ports along Yangtze river declined 6.6% year-on-year while the container volume dropped 14.9%.

China Ports and Harbours Association forecasted a weak recovery of container business in the second half of this year. The annual container volume is expected to decline 5% for 2020.

Hide comments
account-default-image

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish
Maritime_Market_User_Promo_4
Looking For Suppliers?

Maritime Market is the online marketplace for the global maritime industry, making it easy to connect with suppliers 365 days a year. Powered by an extensive database of maritime professionals and businesses.

Maritime_Market_User_Promo_4