Independent journal on economy and transport policy
07:40 GMT+1
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In the second quarter, container traffic handled by COSCO Shipping Ports fell by -3.2%
In the Mediterranean, only the volumes moved in Egypt are growing
July 15, 2020
In the first half of 2020, COSCO's only Chinese terminals Shipping Ports, a company that is part of the COSCO shipping group Shipping, have handled 33.7 million teu, with a contraction 5.6% on the same period last year, while terminals 13.6 million teu (-1,1%). Among the latter, in the Mediterranean, the Piraeus subsidiary Container Terminal (PCT) moved 2.4 million teu in the port Pie to Greece (-6.2%), Suez Canal Container Terminal (SCCT) moved 1.7 million teu in the Egyptian port of Port Said (23.5%), cosCO Shipping Ports (Spain) Terminals subsidiary, Spanish ports of Bilbao and Valencia, has moved more than 1.5 million teu (-19.0%), and the Reefer Terminal subsidiary 28,000 teu in the Italian port of Savona-Vado Ligure (-1,9%).
In the second quarter of this year, the only Chinese terminals 18.1 million teu (-2.5%), while 6.8 million teu (-4.9%). In Mediterranean basin, the volumes moved in the port of Pireo 1.2 million teu (-9.8%), those in the port of Port Said at 858 thousand teu (up 11.6%), the volumes moved in Spain 747 thousand teu (-24.4%) and those in Savona-Vado Ligure 13,000 teu (-18.6%).
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In the first half of 2020, COSCO's only Chinese terminals Shipping Ports, a company that is part of the COSCO shipping group Shipping, have handled 33.7 million teu, with a contraction 5.6% on the same period last year, while terminals 13.6 million teu (-1,1%). Among the latter, in the Mediterranean, the Piraeus subsidiary Container Terminal (PCT) moved 2.4 million teu in the port Pie to Greece (-6.2%), Suez Canal Container Terminal (SCCT) moved 1.7 million teu in the Egyptian port of Port Said (23.5%), cosCO Shipping Ports (Spain) Terminals subsidiary, Spanish ports of Bilbao and Valencia, has moved more than 1.5 million teu (-19.0%), and the Reefer Terminal subsidiary 28,000 teu in the Italian port of Savona-Vado Ligure (-1,9%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
