China's ports handle 3% more container volume in Jan-June

03 Aug '22

1 min read

Pic: 123rf.com/ bolina

The container handling volume at China’s ports during the first six months of 2022 reached 140 million twenty-foot equivalent units (TEUs), recording a rise of 3 per cent compared to same period of last year, according to data released by the ministry of transport. The container throughput in the country recorded a stable expansion during this period.

Cargo throughput, i.e., the volume of cargo handled at the ports in China, touched 7.58 billion tonnes during the first half of this year, registering a decline of 0.8 per cent year-on-year, according to the data from the ministry. The dip in cargo volume was due to a drop in imports of coal, crude oil, and iron ore, among other commodities, the ministry said.

Meanwhile, demand for logistics services in most container ports in China is growing, buoyed by trade demand, especially at Ningbo-Zhoushan Port in Zhejiang province, Qingdao Port in Shandong province and Tianjin Port, according to a report recently released by the Centre for Forecasting Science.

The report predicts that the total container throughput of ports in China will continue to grow this year, supporting foreign trade and global supply chain operations.

Fibre2Fashion News Desk (NB)

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