Container Volume at Major Chinese Ports Declined UpTo 15% in Early May!

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  • Cargo throughput at major Chinese ports declined 5.6% and Yangtze river hub ports dropped 11.8% during the first ten-day period of May.
  • The container volume of eight major ports declined 7.3% and half of the ports saw over 15% decline.
  • The crude oil throughput of major coastal ports increased 6.1% with growth rate of Rizhao port and Yantai port exceeding 20% and Dalian port over 40%. 
  • Ports along Yangtze river continue to face low cargo volumes posting a decline of 11.8% and 25.4% for cargo throughput and container volume.

The container volume at major Chinese ports declined during the first 10 days of May, reports Seatrade Maritime News.

Cargo throughput decline

The container volume of eight major Chinese ports kept declining during the first 10 days of May.

According to China Ports and Harbours Association:

  • cargo throughput of the major Chinese coastal hub ports declined 5.6% during the first ten-day period of May, while 
  • cargo throughput of Yangtze river hub ports dropped 11.8%.

Container volume of 8 ports

The container volume of eight major ports declined 7.3%, with half of the ports suffering an over 15% decline, especially serving the international trades.

Crude oil throughput 

The crude oil throughput of major coastal ports increased 6.1%.

  • Growth rate of Rizhao port and Yantai port exceeded 20% while 
  • Dalian port achieved over 40% growth. 

However, iron ore shipments volume declined 6.5%.

Low cargo volumes

Ports along Yangtze river continue to face low cargo volumes. The three major Yangtze river ports, Nanjing, Wuhan and Chongqing posted a decline of 11.8% and 25.4% for cargo throughput and container volume.

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Source: Seatrade Maritime News