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Increasing of Container Volume up 8.5% Year at Eight Major Chinese ports in early August

Container volume at eight major Chinese ports increased 8.5% year-on-year in early August.

Among which the ports of Tianjin, Shanghai, Xiamen, Guangzhou and Shenzhen all posted over 10% growth rate, according to the statistics released by China Ports and Harbors Association.

The cargo throughput at major coastal ports increased 10.9% year-on-year, and the export cargo volume increased 16.5%.

The crude oil business kept improving in early August. The crude oil shipments at major coastal ports increased 26.4% comparing to the same period of last year, while port inventory increased 38.3%.

Metal ore shipments at major Chinese ports increased 21.7% while the port inventory declined 7.2%.

Cargo throughput at three major ports along Yangtze river, Nanjing, Wuhan and Chongqing, declined 15.6% year-on-year due to the flood and shortage of inland cargo resources. Container volume of these three ports dropped 3.5%.

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Written by Moumita Baksi

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