Independent journal on economy and transport policy
06:23 GMT+1
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The six-monthly containerized traffic handled by COSCO Shipping Ports and CMPort is growing sharply
Handled respectively 51 million teu (+7.9%) and 67 million teu (+21.3%)
July 19, 2021
In the first half of this year, total traffic was status of 51.05 million teu, with an increase of +7.9% on the first half of 2020, of which 36.81 million teu handled from the Chinese port terminals of COSCO Shipping Ports (+9.2%) and 14.24 million TEU from foreign terminals (+4.7%).
In the second quarter of 2021 alone, COSCO Shipping terminals Ports handled a total of 26.41 million teu, with a growth of +6.3% on the corresponding period of last year, of of which 19.13 million teu handled by Chinese terminals (+5.8%) and 7.28 million teu from foreign terminals (+7.5%). Among the main terminalist companies of the Chinese group in the Mediterranean, in the period April-June of this year the Greek Piraeus Container Terminal handled 1.23 million teu (+2.7%), the Spanish COSCO Shipping Ports (Spain) Terminals 919 thousand teu (+22.9%) and the Egyptian Suez Canal Container Terminal 905 thousand teu (+5.5%).
In the first six months of 2021 the terminals of the other primary Chinese Port Group China Merchants Port Holdings Co. (CMPort) handled container traffic of 66.57 million teu, with an increase of +21.3% on the first half of 2020, of of which 49.87 million teu handled by the group's Chinese terminals including those in Hong Kong and Taiwan (+17.0%) and 16.69 million teu from foreign terminals (+36.4%) including 12.8 million teu (+48.9%) handled by Terminal Link, the joint venture between the group shipowner French CMA CGM (51%) and CMPort (49%).
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