Chinese Ports Record 10% Rise In Q1 Volume

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  • Cargo throughput was 4.09 billion tons in Q1, up 6.1% year-on-year, among which the foreign trading cargo volume was 1.306 billion tons, increasing 9.5% year-on-year.
  • Ningbo-Zhoushan port, Tangshan port and Shanghai port were the top three cargo handling ports domestically.

Container volume and cargo throughput at Chinese ports both achieved positive growth in the first quarter of this year, reports Seatrade Maritime News.

Top China ports see 10% container volume growth in Q1

In Q1, container volume at major Chinese ports was 76.73 million teu, an increase of 10% year-on-year. Domestic container volume and foreign trading volume grew 8.5% and 11.1%, respectively.

Shanghai port, Ningbo-Zhoushan port and Qingdao port were the top three container handling ports.

Cargo throughput was 4.09 billion tons in Q1, up 6.1% year-on-year, among which the foreign trading cargo volume was 1.306bn tons, increasing 9.5% year-on-year. Ningbo-Zhoushan port, Tangshan port and Shanghai port were the first three cargo handling ports domestically.

From January to March, China’s total import and export of goods expanded 5% year-on-year, setting new records in both scale and growth rate, which is estimated to continue to show an upward trend in the second quarter of 2024.

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Source: Seatrade Maritime News