SIMIC

In the first seven months of 2022, the cargo volume of Chinese ports was 8,920.8 million tonnes, a small year-on-year decrease of 0.1 per cent.

Shanghai remained the best performing port, with a traffic of 26.8 million TEU from January to July.

Earlier this month, the authorities of Shanghai ordered further rounds of Covid-19 testing following the discovery of new cases, reports London's Port Technology.

The most significant surge was registered by Beibu Gulf, with a year-on-year throughput growth of 22 per cent.

The average value of the Ningbo Container Freight index (NCFI) in August decreased by 7.4 per cent compared to last month, owing to a relatively soft market performance on the Ningbo Zhoushan Port-West Costal of North America route.

Last month, China ports reported a total throughput of 142.3 million TEU moved over the first half of 2022, accounting for a 3 per cent climb year on year.