5.2.2021 Container volume at eight major Chinese ports soars 20.5% in late January

Photo: Ningbo - Zhoushan Container volume at eight major Chinese ports soars 20.5% in late January

Katherine Si | Feb 04, 2021

Container volume at ’s top eight container ports increased 20.5% year-on- year in late January, according to statistics released by China Ports and Harbors Association.

Among the ports Tianjin, Shanghai, Ningbo-Zhoushan, Xiamen, Guangzhou and Shenzhen all posted a growth rate of over 20%. The high growth rate year-on-year in part reflects a sharp slump in late January 2020 with both the Lunar New Year holidays and the onset of lockdowns in China for the coronavirus.

https://www.seatrade-maritime.com/print/77046 1/2 5.2.2021 Container volume at eight major Chinese ports soars 20.5% in late January Export container volume increased 19.8% while the domestic container volume increased 23.4% year-on-year.

Related: China Merchants Port handles record high container volume in 2020

Cargo throughput at major coastal Chinese ports increased 12.2% year-on-year while the international trade cargo volume increased 7.2%.

Crude oil shipments at major coastal ports increased 18.6% year-on-year, among which the and Yantai posted a substantial growth rate of over 100%.

Metal ore shipments at major Chinese ports increased 5.8% year-on-year, among which the port of Tianjin posted over 20% growth rate. The port inventory declined 9.4%.

In late January, cargo throughput at three major river ports, Nanjing, Wuhan and , increased 40.1%, among which the port of Chongqing posted a growth rate of over 100%. The container volume at the three ports increased 17.4% and the port of Chongqing also achieved over 80% growth rate.

For the whole month of January, container volume at eight major Chinese ports increased 9.6% year-on-year, and the cargo throughput from major coastal ports increased 4.6%. The bulk cargo, as well as the oil and ore products’ handling volume all posted positive growth in the period.

Source URL: https://www.seatrade-maritime.com/ports-logistics/container-volume-eight-major-chinese-ports-soars-205- late-january

https://www.seatrade-maritime.com/print/77046 2/2