CONTAINER VOLUME AT MAJOR CHINESE PORTS DOWN 7.4% IN EARLY NOVEMBER

Container volume at eight major Chinese ports like Port of Shanghai — the world's busiest container port in 2020 — Port of Tianjin, the largest port in Northern China and the main maritime gateway to Beijing, Ningbo-Zhoushan, Xiamen, Guangzhou, and Shenzhen dropped by 7.4% in early November with some ports needing to be closed down due to inclement weather.

 

For the period, inland container volume also declined 12% as Dalian, Ningbo, Qingdao, Shanghai and Tianjin, had to be temporarily shut. 

 

Cargo throughput at major coastal Chinese ports dropped 5.5% year-on-year, and export cargo throughput also declined 5.9% in early November.

 

Crude oil shipments at major coastal ports was also down 11.9% over the last year, as metal ore shipments at these major Chinese ports was up 16.3% year-on-year. 

 

For the period cargo throughput at the ports of Nanjing, Wuhan, and Chongqing — major Yangtze river gateways — also declined 12.2% and 13.6% in early November.

 

Port of Chongqing is the biggest river port in the southwest of China.