CHINESE PORTS

International Firms Banking On Robust Export Growth From China

Credit: Rosy Ko/Unsplash

Gu Xueming, a top Chinese trade analyst, says that rather than being indicators of a decline in global commerce, the accumulation of empty containers at Chinese ports and decreasing ocean shipping prices should be viewed as positive signs, as reported by Xinde Marine.

Exports increased 

Gu, who is the director of the Chinese Academy of International Trade and Economic Cooperation (CAITEC), a think tank connected to the Ministry of Commerce, stated that 2023 will be a...

https://mfame.guru/international-firms-banking-on-robust-export-growth-from-china/

China ports handle 245 million TEUs so far with Shanghai, Ningbo and Shenzhen taking lion’s share

The container throughput of Chinese ports reached 244.9 million TEUs from January to October 2022, which represents a year-on-year increase of 4%.

Additionally, Chinese ports have seen a slight year-on-year growth of 0.5% in terms of tons, handling 12,933.8 million tons in the first ten months of the year.

The chart below shows the cargo throughput and container throughput data of the twelve major ports in China.

The three ports with the highest container throughput are Shanghai port with...

https://container-news.com/china-ports-handle-245-million-teus-so-far-with-shanghai-ningbo-and-shenzhen-taking-lions-share/

Authorities Close Ports as More Cargo Crew Test Coronavirus Positive

  • Chinese authorities have tightened screening of crew members on vessels arriving at ports after several cases of COVID-19 were confirmed on a single vessel.
  • Authorities in  Zhoushan have shut parts of the port which will lead to a delay in unloading operations.
  • Soybean cargoes arriving into Zhoushan port were being redirected to other available parts of the port.

Chinese port authorities in the eastern city of Zhoushan have shut parts of the port sparking fears of delay to unloading...

https://mfame.guru/authorities-close-ports-as-more-cargo-crew-test-coronavirus-positive/

Container Volume at Major Chinese Ports Increased 2.5% in Mid-June

  • Container volume at 8 major ports in China increased 2.5% year-on-year during the period of mid-June.
  • The export container volume increased 0.2%. 
  • Export container volume increase in ports exceeded 10% and domestic container volumes increased 9.3%.
  • Crude oil shipments at major coastal ports increased 16.4% year-on-year. 
  • Cargo throughput and container volume of 3 major Yangtze river ports, declined 11.8% and 6.9% year-on-year.

The container volume at major Chinese ports increased 2.5% in...

https://mfame.guru/container-volume-at-major-chinese-ports-increased-2-5-in-mid-june/

Container Volume at Major Chinese Ports Declined UpTo 15% in Early May!

  • Cargo throughput at major Chinese ports declined 5.6% and Yangtze river hub ports dropped 11.8% during the first ten-day period of May.
  • The container volume of eight major ports declined 7.3% and half of the ports saw over 15% decline.
  • The crude oil throughput of major coastal ports increased 6.1% with growth rate of Rizhao port and Yantai port exceeding 20% and Dalian port over 40%. 
  • Ports along Yangtze river continue to face low cargo volumes posting a decline of 11.8% and 25.4% for cargo...

https://mfame.guru/container-volume-at-major-chinese-ports-declined-upto-15-in-early-may/

Major Ports Suffer Export Crunch!

  • Chinese ports are bracing for a second wave of supply chain disruptions during the country’s coronavirus lockdown as the global spread of the virus chokes off international demand.
  • Exporters and industry analysts warn that global demand for products made and shipped out of China looks set to plunge.
  • It may take time for cargo-handling data to show the full extent of the global demand contraction as many ports are still clearing backlogs.

China’s ports and shipping firms are bracing for a...

http://mfame.guru/major-ports-suffer-export-crunch/

Chinese Ports Set To Lose 6 Million TEU Due To Coronavirus Outbreak

According to an analysis by Alphaliner, the Chinese government’s decision to extend the new year holiday to 9 and 10 February, as it battles to contain the coronavirus outbreak, could lead to a 0.7% decline in global port throughput, reports the Loadstar.

Coronavirus Outbreak Impact

And the consultant says the reduction of China’s factory output as a result of the extended holiday is likely to lead to Chinese ports losing some 6m teu in volumes in the first quarter.

“The full impact of the Chinese...

http://mfame.guru/chinese-ports-set-to-lose-6-million-teu-due-to-coronavirus-outbreak/

Box throughput at Chinese ports grows

Chinese ports handled a total of 21.11 million TEUs of containers in October, up 4.1% year on year, according to the nation’s Ministry of Transport (MOT). Throughput increased at both coastal and inland river ports, growing 4% to 19.58 million TEUs and 4.7% to 2.53 million TEUs.

In the first 10 months (January-October), 217.29 million TEUs were moved to and from China, up 4.5%. Containers to and from coastal ports accounted for 192.57 million TEUs, up 4%, while they were more brisk to and from...

https://container-news.com/box-throughput-chinese-ports/

Box volumes at Chinese Ports grow

A total of 22.62 million TEUs of containers were handled at ports in China in August, which managed to hike 4.5% from a year earlier amid tangled economic situations across the globe, the nation’s Ministry of Transport (MOT) announced on Sept. 20. Consistent growth was, however, maintained despite the fact that throughput decreased by 150,000 TEUs from July, and year-on-year shrank from 6.9%. Breaking down the total container lifting, coastal ports were responsible for 20.04 million TEUs, up...

https://container-news.com/box-volumes-chinese-ports/

Containers to/from China grow in July

Chinese ports handled 22.77 million TEUs of containers in July, swelling 6.9% from a year earlier and by 450,000 TEUs from June, the nation’s Ministry of Transport (MOT) announced. Breaking it down, coastal ports were responsible for 20.16 million TEUs, up 6.6%, while 2.61 million TEUs were moved to and from inland river ports, up 9.5%. From a month earlier, it almost stayed flat.

In the first seven months (January-July), combined throughput rose 5.2% to 149.76 million TEUs, consisting of 132.75...

https://container-news.com/containers-china-grow-july/

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