Container volume at major Chinese ports up 4.4% in early August

Container volume at eight major Chinese ports returned to grow following a short period decline in late July.

In early August, eight major Chinese container posts posted a growth rate of 4.4% for container volume year on year; export container volume increased 9.2% while the domestic volume declined 8.9%.

Cargo throughput at major coastal hub ports slightly increased 0.6% year on year while the international trade cargo throughput dropped 2.3%.

Crude oil shipments at major coastal ports dropped 2.5% year on year. The port of Yantai posted a growth rate of over 50%.

Metal ore shipments at major Chinese ports increased 0.9% year on year, among which, the ports of Ningbo-Zhoushan and Rizhao posted a growth rate of over 20%. 

In early August, cargo throughput and container volume at the three major Yangtze river ports, Nanjing, Wuhan and Chongqing, increased 2.9% and 0.4% year on year, respectively.

Source : Seatrade Maritime News