China ports move 142 million TEU in H1 2022

Ports across China moved a total of 142.3 million TEU over the first half of 2022, a 3 per cent year-on-year increase.

During the same period, the cargo volume of Chinese ports stood at 7580 million tons, a slight decline of 0.8 per cent year-on-year.

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The port of Shanghai saw the largest traffic in volumes, moving 3.79 million TEU in June, although the figure accounts for a decline of 9.5 per cent compared to the previous year.

Earlier this month, the authorities of Shanghai ordered further rounds of COVID-19 testing following the discovery of new cases – as the city had only just started enjoying signs of recovery.

The port of Ningbo-Zhoushan enjoyed the second-best result, moving a total of 3.16 million TEU in June, up 17.9 per cent year-on-year.

The average value of the Ningbo Container Freight index (NCFI) in July decreased by 5.9 per cent compared to last month, as shipping demand slumped on the Ningbo Zhoushan Port-West Costal of North America route.

Last month Chinese ports reported a raise in container volumes over the first five months of 2022, totalling 116.5 million TEU for a 2.3 per cent increase year-on-year.