Chinese ports have handled 248.5 million TEUs from January to September of 2024, representing a year-on-year (YoY) increase of 7.7 per cent.
In September, the container throughput of Shanghai Port reached 4.25 million TEUs, a YoY increase of 5 per cent. So far this year the port has handled an impressive 39.10 million TEUs, an 8 per cent YoY increase over last year’s numbers.
The container throughput of Ningbo Zhoushan Port was 3.39 million TEUs last month, a YoY increase of 6.2 per cent.
In the first nine months of the year, Beibu Gulf Port had the largest margin of increase, having handled 6.5 million TEUs, a YoY increase of 14.7 per cent, while the Port of Xiamen was the only port to record a deficit having recorded a YoY decrease of 3.2 per cent, handling 9 million TEUs.
READ: Chinese ports exceed 220 million TEU
In terms of container freight rates, the average value of Ningbo Containerized Freight Index (NCFI) was 1549.4 points in October 2024, a month-on-month decrease of 12.1 per cent and a year-on-year increase of 138.5 per cent.
Among the 21 routes, the freight index of 7 routes increased month-on-month, and the freight index of 14 routes fell month-on-month.
