As was expected the coronavirus (COVID-19) has had a major impact on the container throughput at China’s eight hub ports with a reported decline of 19.8% in February. A break down of figures for individual Chinese ports in February is not yet available.
However, as the country’s factories have started to get back to work after an extended break after Chinese New Year in an effort to bring the spread of the coronavirus under control there have been some positive signs in terms of port volumes.
Currently, the work resumption ratio of cargo terminals in China is more than 90%, container throughput of the eight major container hub ports posted a growth of 4.7% last week.
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China’s eight largest container ports are Shanghai, Shenzhen, Ningbo-Zhoushan, Guangzhou, Qingdao, Tianjin, Xiamen and Dalian.
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