Container volume at major Chinese ports up 7% in late October

The impact tighter Covid-19 controls and renewed lockdowns in many western countries could be seen in a slower growth in volumes at major coastal Chinese ports in late October compared to mid-October.

 

 | Nov 13, 2020

The container volume at the eight major Chinese ports increased 7% year-on-year in late October, slightly slower than 8.4% from mid-October. Among which, the port of Ningbo-Zhoushan, Xiamen and Shenzhen all posted above a 10% growth rate.

Export container volume increased 8.1%, while the inland container volume increased 3.9%.

Related: Global container volumes up 6.9% in September compared to 2019

Cargo throughput at coastal hub ports declined 5.5% year-on-year, and export cargo volume dropped 4.7%.

Crude oil shipments at major coastal ports dropped 3.1% while the port inventory increased 25.3%.

Metal ore shipments at major Chinese ports declined 7.6% year-on-year, while port inventory increased 0.2%.

Amid the stable recovery of inland economy, three major ports along Yangtze river, Nanjing, Wuhan and Chongqing, posted a growth rate of 8% and 25% on container volume and cargo throughput.

Port operation along Yangtze river kept improving in October with an increase of 8% and 10.2% for container and cargo volume.

Copyright © 2020. All rights reserved.  Seatrade, a trading name of Informa Markets (UK) Limited.

 

source: seatrade-maritime.com

 


Related News

CONGESTED SHENZHEN TERMINALS CUT WINDOW FOR EXPORT CONTAINERS
CONGESTED SHENZHEN TERMINALS CUT WINDOW FOR EXPORT CONTAINERS

1690 Views

Shenzhen container terminals are feeling the impact of the recent seven-day lockdown even as restrictions were gradually eased at the weekend.

Sourcing from Vietnam could shift as costs and restrictions rise, warn businesses
Sourcing from Vietnam could shift as costs and restrictions rise, warn businesses

2068 Views

The sourcing shift to Vietnam will go into reverse if severe lockdown measures don’t end soon, business groups have warned.


Comment
  • Your review
main.add_cart_success