EARLY SEPTEMBER CONTAINER VOLUME AT MAJOR CHINESE PORTS UP 7.4%
Container volume at Chinese ports continued to post recovery months after the coronavirus crippled most of the supply chain.
As the pandemic continued to ravage other parts of the world, China has led the recovery with eight of its major ports recording a 7.4% rise in container volumes year-on-year as of earlier this month, based on data from the China Ports and Harbours Association.
Port of Shanghai, the largest port in China, and also the busiest port in the world along with other top ports like Port of Guangzhou and Port of Shenzhen, all recorded growth in volumes above 10%.
During the period, cargo throughput of major coastal ports rose 9%, while export cargo throughput also expanded by 16.5%.
Crude oil shipments at major coastal ports increased by 23.4%. Metal ore shipments at major Chinese ports also rose by 18.8% year-on-year.
Other ports like the Nanjing Port, Wuhan Port and Chongqing port still saw declines in cargo throughput which at early September dropped by 10.4% as container volume increased 6%.
In mid-August, container volumed at these major ports was already up 2.9%