Shanghai stays top dog despite August container drop

Aerial view of container terminal at Shanghai Yangshan Deep-Water Port

The Port of Shanghai has maintained its status as China’s top performing container port despite a drop in box throughput for the month of August.

From January to August of 2022, the container throughput of Chinese ports was 194.4 million TEU, a year-on-year increase of 4.1 per cent.

The figures come from the Ningbo Container Freight Index, sourcing data from the Ministry of Transport of the People’s Republic of China.

Shanghai processed 4.17 million TEU in August, a 3.5 per cent dip compared to August 2021.

For the year so far, Shanghai transited more than 31 million boxes, a slight increase of 0.2 per cent compared to January – August 2021.

READ: Shanghai Port to build new $7.2 billion box terminal

The Port of Shanghai has been rocked throughout the year through a spate of external disruptions: including typhoons and COVID-19 lockdowns.

Despite the challenges, the Port of Shanghai registered more than 4.3 million TEU in July’s throughput, a new record.

The Port of Ningbo-Zhoushan processed 2.94 million TEU in August, pushing its yearly totals to 23.7 million TEU. This is a near-11 per cent increase on January-August 2021 figures.

China’s Ningbo-Zhoushan port has witnessed a flourishing growth in the container sector, as it draws nearer to Singapore – currently the world’s second busiest container port.

Beibu Gulf continues to be the nation’s fastest rising port, processing 4.36 million TEU for the year so far. This is a 20.1 per cent increase on the same period last year.

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