Container volume at major Chinese ports up 15.8% in early May

Volumes rise by 9.1% at Chinese container ports

 

Container volume at eight major Chinese ports increased 15.8% year-on-year in early May.

According to the statistics released by China Ports and Harbors Association, export container volume increased 24.2% while the domestic volume declined 4% in early May; the port of Shenzhen posted a growth rate of over 60% while the port of Xiamen posted a growth rate of over 40%.

Cargo throughput at major coastal hub ports increased 7.6% year-on-year while international trade cargo throughput increased 11.8%.

Crude oil shipments at major coastal ports dropped 10.4% year-on-year. Port inventory increased 13.7% year-on-year.

Metal ore shipments at major Chinese ports increased 23.2%, among which the port of Tianjin posted a substantial growth rate of over 90%; port inventory increased 6.1%.

Cargo throughput and container volume at the three major Yangtze river ports, Nanjing, Wuhan and Chongqing, maintained a steady growth with an increase of 18.8% and 24.4%, respectively.

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