Container volume at eight major Chinese ports increased 3.3% year-on-year in mid-January, according to statistics released by China Ports and Harbors Association.
Katherine Si | Jan 29, 2021
The domestic trade volume increased 17.5% year-on-year, among which the port of Tianjin, Qingdao, Shanghai, Ningbo-Zhoushan and Xiamen all posted a growth rate of over 20%. However, the export container volume declined 0.4%.
Cargo throughput at major coastal Chinese ports increased 0.9% year-on-year while the foreign trade cargo volume increased 2.5%.
Related: China Merchants Port handles record high container volume in 2020
Crude oil shipments at major coastal ports slightly increased 1.6% year-on-year, among which the port of Rizhao and Guangzhou posted a growth rate of over 20%.
Metal ore shipments at major Chinese ports increased 10.1% year-on-year, among which the port of Tianjin and Rizhao posted over 10% growth rate. The port inventory declined 4.2%.
As the Chinese Spring Festival neared, cargo demands from Yangtze river region has been dropping. The cargo throughput at three major Yangtze river ports, Nanjing, Wuhan and Chongqing declined 0.2% and the container volume also dropped 1.4% year-on-year.
source:Seatrade-maritime