Chinese ports reach 160 million TEU milestone in H1 2024

Chinese ports reach 160 million TEU milestone in H1 2024

Posted on August 1, 2024 |

Container throughput at Chinese ports reached 161.8 million TEU in the first half of 2024, up 8.5% from the previous year.

Shanghai Port handled 25.5 million TEU, with a 7.5% increase year-on-year.

Ningbo Zhoushan Port saw its throughput grow to 19.2 million TEU, an 8.4% rise compared to last year.

Beibu Gulf Port had a substantial 19.8% increase in throughput, totaling 4.3 million TEU in the first half of 2024.

The Port of Xiamen's container volumes fell by 3.9%, resulting in a throughput of 5.9 million TEU.

In July 2024, the Ningbo Containerized Freight Index (NCFI) averaged 2780.2 points, up 2.2% from the previous month and 308.9% from the previous year.

Out of 21 routes, 16 saw a rise in freight index, while 5 experienced a decline month-on-month.

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