Chinese ports increase container throughput in first quarter
May, 16, 2024 Posted by Gabriel MalheirosWeek 202420
In the first quarter of 2024, the container throughput of China ports was 76.7 million TEUs, representing a 10% year-on-year increase.
As expected, the Shanghai port has the lion’s share, handling 12.45 million TEUs, followed by the Ningbo-Zhoushan and Guangzhou ports with 9.14 million and 6.09 million TEUs, respectively.
The largest increases in container volumes were reported at the Beibu Gulf, Shenzhen, and Ningbo-Zhoushan ports, which achieved growth rates of 20.4%, 16.2%, and 11.7%, respectively.
Only one of the major Chinese box ports saw a year-on-year decline in the first three months of the year. The port of Xiamen, in particular, recorded 2.85 million TEUs in the first quarter of 2024, translating to a 1.8% decrease compared to the same period last year.
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