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.

Major Chinese ports container volume falls 10.6% in early Feb

Photo: SIPG SIPG yangshan
Container volume at eight major Chinese ports declined 10.6% year-on-year in early February coinciding with the lunar new year holidays.

Export container volume declined 8.3% while the domestic volume dropped 20.2 % due to many factories were closed for the Chinese New Year in early February.

Cargo throughput at major coastal hub ports declined 7.5% year-on-year while international trade cargo throughput dropped 7.6%.

Crude oil shipments at major coastal ports declined 11.6% year-on-year while the port inventory increased 2.3%.

Metal ore shipments at major Chinese ports increased 0.8% year-on-year, among which the port of Rizhao posted over 20% growth rate. 

The Chinese New Year brought about further decrease of cargo volume at three major Yangtze river ports. Nanjing, Wuhan and Chongqings cargo throughput for early Feb declined 26% while the container volume dropped 32.2%.

 

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