19.7 C
Hamburg
Monday, June 2, 2025
Home Port News COSCO SHIPPING Ports reports box volume drop in January

COSCO SHIPPING Ports reports box volume drop in January

COSCO’s port operating subsidiary, COSCO SHIPPING Ports saw its total container throughput decrease by 10.3% in January, compared with the same month last year.

In particular, the Chinese operator handled more than 7.7 million TEUs in the first month of the year across all of its ports and terminals worldwide.

According to the company, the main reason is that the Chinese New Year holidays in 2023 were in January compared to last year’s holidays in February.

COSCO SHIPPING Ports’ overseas portfolio noted a year-on-year container volume decline of 5.8% in January, while the company reported a 12.3% fall in its China portfolio.





Latest Posts

Mersin International Port completes first phase of expansion project

Mersin International Port Management Inc. (MIP), a key gateway terminal in Türkiye and a joint venture between PSA International, IFM, and Akfen, officially completed...

GEODIS unveils low-carbon air freight solution

GEODIS introduces GEODIS AirSmart, an innovative low-carbon air freight service designed to minimize greenhouse gas emissions through optimized performance. The official launch takes place today...

Gemini partners on track for 90% schedule reliability target

In April, global schedule reliability improved by 1.7 percentage points M/M to 58.7%, the highest level recorded since November 2023, according to Danish maritime...

America’s Shipbuilding Crisis: A Strategic Vulnerability in an Era of Global Tension

As the United States navigates an increasingly volatile global landscape, its shipbuilding crisis has emerged not just as an industrial shortfall but as a...

How Managed Web Hosting Simplifies WordPress Maintenance and Security

Ever felt like managing your WordPress site is like having an extra full-time job?  From constant plugin updates to worrying about hackers and random errors,...
error: Content is protected !!