8.8 C
Wednesday, February 21, 2024
Home Port News Chinese ports increase volumes in first ten months, close to 260 million...

Chinese ports increase volumes in first ten months, close to 260 million TEUs

Chinese ports experienced a year-over-year 4.9% uptick in container volume for January-October period, with the box throughput reaching a total of 257 million TEUs.

At the same time, over the ten-month period, cargo volume at Chinese ports surpassed 14 billion tons, marking an 8.5% year-on-year increase.

The following chart illustrates the cargo and container throughput data for the twelve primary ports in China.

When it comes to container throughput, the leading trio of ports has showcased remarkable performance from January to October. At the forefront is Shanghai, achieving a slight year-over-year growth of 2.8% and handling 40.2 million TEUs.

Ningbo & Zhousan port follows increasing its box volumes by 4.5% and handling 30.2 million TEUs. Port of Shenzhen secures the third position with 24.06 million TEUs, seeing its container throughput falling by 0.5%.

These figures underscore the significant role these ports play in facilitating the seamless flow of goods, solidifying their positions as key players in the global trade.

Turning our attention to Chinese ports that witnessed the largest growth in terms of percentage points, Beibu Gulf leads the pack with an impressive 16.5% year-over-year increase, reaching 6.51 million TEUs.

Following closely is Yinkou Port, securing the second spot with a 14.5% rise, handling 4.37 million TEUs. Not far behind, Dalian Port takes the third position, boasting a 13.1% increase and moving 4.05 million TEUs.

On the other side, some Chinese ports experienced lower performance growth during this period. As previously mentioned, Shenzhen saw a marginal decline of 0.5%, being the only Chinese port that saw its volumes fall.

Xiamen port recorded a modest 1.8% increase, handling 10.36 million TEUs, reflecting a slower pace of growth compared to other counterparts. Similarly, Guangzhou port witnessed a marginal 2.5% growth, handling 20.78 million TEUs.

Latest Posts

Truck and rail dwell time remains steady at San Pedro Bay Ports

Through January, cargo traveling through the San Pedro Bay Port complex and destined for local delivery via truck spent an average of 2.89 days...

Port of Prince Rupert handles 23.5 million cargo tonnes in 2023

In 2023, the Port of Prince Rupert handled 23.5 million tonnes of cargo, translating to a decrease of 5% compared to the volumes recorded...

The Role Of Big Data In Personalizing Consumer Experience

As we all know that e commerce companies are simply booming and giving their customers more and more options when it comes to online...

What Electronic Music Songs to Listen to While Driving?

Are you going on a journey alone or with your friends or even your family now, thinking about which electronic music songs to play...

Factors to Consider When Selecting Private Equity Portfolio Management Software

As of 2023, private equity, hedge fund, and investment vehicle sectors in the US employed 77,941 people. Success in private equity requires effective portfolio...