Valenciaport saw its January-October volume increase by almost 5% compared to the same time period last year, as it broke the 5 million TEU mark.
Strong growth in October was pivotal to the jump in volume, as the port handled 472,403 TEU, in itself an 11.15% spike on October 2017.
Full containers were also up 3.11% on the same time in 2017, which Valenciaport credits to a 10.26% increase in imports.
#Valenciaport exceeds 5 million containers https://t.co/el9Ad0jvfb @ContainerMag @PortToday @portstrategy @safety4sea @DredgingToday @meditelegraph @PortSEurope @FullAvanteNews @PortTechnology pic.twitter.com/zf0RpDMTnu
— Valenciaport (@AutPortValencia) November 19, 2018
It is the latest milestone in Valenciaport’s goal to become a major transshipment European hub. In October 2018 it unveiled plans to build a new terminal capable of servicing the biggest ships in the world and handle 24,000 TEU a year.
In a statement, Valenciaport says the results “reinforce its centrality and its reference in the Mediterranean basin as a bridge port for traffic between Asia, Europe and America.”