Cosco Pacific June volumes Rises

Cosco Pacific continued to see container throughput rise in June with overall volumes rising 4.5% to 7.96m teu, led by good growth in its overseas terminals and the rapidly growing Southwest Coast and Southeast Coast ports

News ID: 66591

Date: 19 July 2016 - 14:21

According to MANA,Overseas terminals saw a 31.1% rise in throughput to 1.09m teu while the sole port in the Southwest cluster for now, Guangxi Qinzhou International Container Terminal saw volumes rise 61% to 87,700 teu. On the Southeast Coast, throughput rose 25.2% to 394,600 teu.
At the key Bohai Rim region, throughput rose a steady 5.7% to 2.84m teu. In the Yangtze River Delta however, volumes fell once again by 3.1% to 1.56m teu and the Pearl River Delta also continued its anaemic trend, with volumes sliding 6.4% to 1.99m teu.
For the first half of the year, Cosco Pacific managed to perform creditably against its peers, still managing to turn in a 3.5% growth in throughput to 46.03m teu whereas some other operators have growth sliding into the negative for the year-to-date.
Meanwhile the port of Hong Kong cotinued to see throughput slide in June although at a slower rate with volume at the main Kwai Tsing terminals sliding 4.9% to 1.27m teu while overall throughput fell 8.6% to 1.61m teu.
The non-Kwai Tsing terminals saw volume slide 20.2% to 340,000 teu.