The latest statistics released by China Ports and Harbors Association reveal, export container volume has increased 24.2%. while the domestic volume has declined by 4% in early May. The Shenzhen Port registered a growth rate of more than 60%, and Xiamen Port had a growth rate of over 40%
Cargo throughputs at the major coastal hub ports also saw an increase of 7.6% year-on-year, while international trade cargo throughput increased by 11.8%.
Major coastal ports had crude oil shipments dropped by 10.4% year-on-year. While port inventory increased 13.7% year-on-year. Chinese ports saw an increase of 23.2% in metal ore shipments, among which the port of Tianjin registered a major growth rate of over 90%. The port inventory increased by 6.1%.
Yangtze river ports, Nanjing, Wuhan and Chongqing, maintained a steady growth in terms of cargo throughput and container volume, with an increase of 18.8% and 24.4%, respectively.
Reference: Seatrade Maritime News