Container throughput of Chinese Ports reached 259.7 million TEU in the period of January to November 2021, a year-on-year increase of 7.2%.
According to the latest data from the Ministry of Transport of the People’s Republic of China, the Port of Shanghai remains the top-performing port in the country, processing 38,990,000 TEU in the period, an increase of 8.7% compared to the first 11 months of 2020. This followed on from the port’s success in 10M 2021, seeing a 9.9% increase in containers.
Beibu Gulf Port saw the largest increase in container throughput throughout the period; while only handling 4,770,000 TEU, it demonstrated an 18.6% increase year-on-year.
The Port of Dalian is continuing its steep decline, processing a mere 3,020,000 TEU, a reduction of 34% year-on-year. This marks the lowest container throughput in the whole of the country and the sharpest decline.
Cargo volumes also rose in the period, reaching 14,207.6 million tons, a year-on-year increase of 7.2%.
Additionally, freight rates in December 2021 increased slightly from the previous month as the average value of the Ningbo Container Freight Index was quotes 4104.3 points, improving 3.3%.
PTI recently counted down the ‘Top 10 Ports in China 2021’, giving the spotlight to the biggest and best-performing ports within the country. Using data provided from the Ministry of Transport of the People’s Republic of China, it gave us a good idea of what ports will be leading the charge in 2022.