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Freight News

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 39,080,000 TEUs, Ningbo & Zhoushan port with 28,890,000 TEUs and Shenzhen port with 24,180,000 TEUs.

It is important to mention that smaller box ports have shown the largest percentage increases compared to last year’s numbers. Dalian port showed year-on-year growth of 18.3%, Beibu Gulf port noted a 17% increase, while Rizao port’s container volumes climbed by 12.7%.

On the other hand, Yinkou port was the only container port in the list that saw its box volumes decline by 12.5%, compared to the same period in 2021.

Source: Container News

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China ports boost container throughput: Shanghai remains on top, smallers hubs achieve double-digit growth

Chinese container ports have achieved a 4% increase in their container volumes during the first nine months of the year, compared with the same period in 2021.

China’s box ports have handled 219.3 million TEUs from January to September 2022 and the following table shows the container throughput and the cargo throughput of the twelve major ports in the country.

As seen in the table, the ports in Shanghai, Ningbo & Zhoushan and Shenzhen remain the busiest container hubs of China with 35 million TEUs, 26 million TEUs and 22 million TEUs, respectively.

It is important to note that smaller box ports in Beibu Gulf, Dalian and Rizao are the only ones that have achieved a double-digit percentage growth with 19%, 12.6% and 11%, respectively. On the other hand, Yinkou port is the only port on the list that has reported a container decline, seeing its box volumes decrease by 16.9%.

Additionally, the cargo volume of the Chinese ports has remained relatively steady in terms of tons during the first nine months of the year, marking a marginal year-on-year growth of 0.1%.

Source: Container News

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Ningbo closing in on Singapore as world’s second largest container port

Singapore is now facing the possibility of being overtaken by China’s Ningbo-Zhoushan port as the world’s second-busiest container port, 12 years after losing its crown as the world’s busiest box port to Shanghai.

Alphaliner’s latest report on 21 September noted that Ningbo-Zhoushan handled 17.54 million TEU in the first half of 2022, just 1.08 million TEU less than Singapore, as the three-month lockdown of Shanghai caused substantial diversion of Transpacific cargoes to Ningbo-Zhoushan.

Alphaliner observed, “Indeed Ningbo-Zhoushan even overtook Singapore in Q2 though figures were undoubtedly boosted by the extraordinary Shanghai lockdowns in April and May. Ningbo-Zhoushan has benefited from restrictions at its lock-down hit neighbour Shanghai, with many carriers diverting ships to avoid delays and trucking issues.”

Ningbo-Zhoushan continued to grow in July, at 3.28 million TEU, up 26% from the year before, even as volumes bounced back at Shanghai. Overall, Shanghai posted a decline of 1.8% over H1 2022 to 22.54 million TEU, while Ningbo-Zhoushan logged growth of nearly 9%.

China’s eight ports represented 53% of total throughput for the leading 20 ports in the period, a figure that is likely to grow further as the country funnels traffic towards a smaller number of hub ports.

As of July, Ningbo-Zhoushan had 301 container services calling, while July marked the fourth consecutive month its throughput exceeded 3 million TEU. More widely, continued port growth – even if modest – contrasts with the drop in carrier volumes seen this year.

Collectively, liftings for Maersk, CMA CGM, COSCO, ONE, ZIM and HMM dropped to 50.9 million TEU in H1 2022, a decline of 5.5% versus the same period in 2021, and diverging from the 1% increase in port throughput.

Alphaliner explained, “Higher transshipment activity may be partially distorting growth figures since cargoes re-routed due to port congestion eventually create extra load and discharge moves that are not indicative of actual volume growth on a specific trade lane.”

Source: Container News

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