| Code: 139260 |

Cosco Shipping Ports sees June box numbers rise 14% to 7m teu

TINNews |

Cosco Shipping Ports (CSP) continues with its good performance with overall throughput rising 14% in June to 7.4m teu from 6.5m teu in the previous corresponding period.

Growth was driven primarily by CSP's burgeoning overseas ports, which saw throughput rise by more than a third to 1.5m teu from 1.1m teu previously. Even previously laggard regions such as the Pearl River Delta cluster of ports saw volumes rise 13% to 2.3m teu from 2.0m teu in June 2016.

The newer ports on the Southeast and Southwest coasts also continue to ramp up nicely, with throughput growing by 15% and 30% to 454,500 teu and 113,700 teu respectively.

Meanwhile although the Yangtze River Delta region showed good growth of 7% to 1.7m teu from 1.6m teu in the previous corresponding period, the key Bohai Rim cluster seems to be slackening off with a rise in throughput of 4% to 1.4m teu.

 

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