Independent journal on economy and transport policy
13:07 GMT+1
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In August, container traffic handled by COSCO Shipping Ports grew by 4.8%
In the terminals operated by compatriot CMPort, there was a decrease of -13.5%
September 16, 2020
In the first eight months of 2020, COSCO's port terminals Shipping Ports handled a total of 65.79 million down -2.1% on the corresponding period of last year, of which 47.31 million teu moved in the ports (-2.6%) 18.49 million teu in foreign ports (-0.9%). In Traffic in the port of Pireo was 3.26 million teu (-6.7%), in the port of Port Said of 2.43 million teu (20.6%) and in the ports of Bilbao and Valencia of 2.14 million teu (-15,6%).
Last month, the other Chinese terminal operator China Merchants Port Holdings Co. (CMPort) has handled traffic 10.87 million teu (-13.5%), while in the first eight months of 2020 traffic was 76.71 million teu (4.1%). In addition, in August alone, CMPort terminals 33.65 million tonnes of bulk (-9.9%), traffic in the first eight months of 2020 was 268.49 million tonnes (-9.7%).
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