14.2 C
Hamburg
Friday, June 6, 2025
Home Most Popular Jebel Ali returns to top-10 busiest container ports

Jebel Ali returns to top-10 busiest container ports

Alphaliner’s report said the Middle East’s largest container port, Dubai/Jebel Ali, has re-entered the top 10 ranking of global container ports, overtaking Europe’s biggest port and demonstrating the scale of the economic slump in Europe.

Jebel Ali processed 14.47 million TEUs in 2023, up from 13.97 million TEU in 2022, enabling the UAE port to return to the top 10 after dropping out in 2019. Its rise also knocked out the languishing Hong Kong port from the top 10 list, as the territory’s container throughput declined 14% year-on-year, to 14.34 million TEUs.

Hong Kong posted its seventh year of consecutive volume declines and has now lost a third of its container traffic over the past decade.

Wharf Holdings boss concerned with Hong Kong port’s waning competitiveness

Rotterdam had moved ahead of Dubai in 2019, but lost 7% in container volumes in 2023, having handled 13.45 million TEUs, posting a second consecutive year of decrease. Due to sanctions, the Dutch port has been hit by the near-total loss of Russian cargo and Europe’s recession has meant a major contraction in European consumer demand. Volumes are now 9% below 2019 levels.

China’s ports recorded another strong year of growth with Qingdao recording the highest increase of any major gateway worldwide. It handled an estimated 30 million TEUs in 2023 (December 2023 figure estimated following a change in Chinese reporting rules) and is now vying with Shenzhen, which handled 29.9 million TEUs, for the position of fourth largest container port in the world.

Alphaliner remarked, “Chinese growth is not expected to be as robust in 2024, with Western demand weakening in the fourth quarter, although exports to Russia remain strong. Nevertheless, China’s grip on the global market tightened in 2023, comprising more than half (51%) of the top 30 market throughput versus 49% in 2022. Overall, the top 30 ports recorded average growth of 1.7% during the year, an improvement in 2022.”


Martina Li
Asia Correspondent





Latest Posts

Transpacific container rates starting to spike on demand surge

Logistics markets and supply chains faced another confusing, dramatic few days last week as the US Court of International Trade ruled that President Trump...

BIMCO develops standard clause addressing USTR uncertainties

BIMCO, the world’s largest shipping association, has initiated the development of a standard industry clause to address contractual uncertainties arising from the United States...

Wincanton accelerates net zero ambitions with deployment of 24 electric HGVs

Wincanton has announced the first wave of 24 new electric heavy goods vehicles (HGVs) joining its fleet this year, marking a key step towards...

How to Choose the Right Contractor for Gutter Installation in Boston?

When it comes to protecting your home from water damage, a well-executed gutter installation is not just a luxury, it’s a necessity. Your gutters...

Port of Toulon marks major milestone with shore power installation

The Port of Toulon has successfully commissioned France’s largest shore power system, developed and delivered by a consortium led by ABB in collaboration with...
error: Content is protected !!