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News ID: 62991 |
Publish Date: 11:53 - 14 March 2016

Shanghai port container throughput shows February rise

THE Chinese port of Shanghai, the world’s busiest container port, moved slightly more boxes in February compared with the same period a year earlier, according to data from operator Shanghai International Port (Group).

Shanghai port container throughput shows February riseAccording to MANA,The port handled 2.59m teu, marginally higher from 2.57m teu in the same period a year earlier, the SIPG figures posted on its website showed.
Month on month, the port handled 11.9% fewer boxes from the 2.94m teu registered in January. No explanation was provided in the website.
However, the week-long Chinese New Year holidays fell in February this year. China’s exports plummeted 25.4% in February this year from a year earlier while imports dropped 13.8% year on year.
The combined January-February exports, which should address some of the holiday effect, declined 17.8% from a year earlier and imports slid 16.7% year on year.
For the first two months of 2016, Shanghai moved a total throughput of 5.53m teu, down 3.5% from 5.73m teu in the same period last year.
In 2015, Shanghai's container throughput rose 3.5% to 36.5m teu, putting it ahead of rival Singapore, which handled 30.9m teu, a contraction of 8.7% from a year earlier, following five consecutive years of throughput increases.
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