SIMIC

The overall container throughput and international container cargo volume of eight major Chinese ports increased 20% and 18% respectively comparing to middle May, resuming to around 98% and 96% of the volume in the same period of last year.

The crude oil shipments at major coastal ports increased 15.43% year-on-year. The iron ore shipments at major ports increased 6% compared year-on-year, among which the growth rate of Ningbo-Zhoushan port and Qingdao port exceeded 10%.

Related: Container volumes at major Chinese ports fell 5.1% in mid-May

The port business along Yangtze river continued recovering in late May. The cargo throughput of three major ports, Nanjing, Wuhan and Chongqing, has reached the same level of last year’s while the container volume resumed to 98%.