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CHINESE port operator Cosco Shipping Ports reported that its total throughput in September rose 7.9 per cent year on year to 9.3 million TEU.
From the start of the year, Cosco Shipping Ports has seen more than 77.83 million TEU in its ports and terminals worldwide, up 0.6 per cent year on year.
In September, the throughput at terminals in the Bohai Rim and overseas regions continued posted year-on-year growth of 5.6 per cent and 7.5 per cent in September. At the same time, throughput at terminals in the Yangtze River Delta, Pearl River Delta and Southeast Coast grew 5.9 per cent, 7.1 per cent and 12 per cent, respectively, mainly driven by a recovery in volume to European and the US markets.
In addition, benefitting from growing trade between Southwestern China, ASEAN, and RCEP member states, throughput at Beibu Gulf Port recorded a strong increase of 18.6 per cent in September.
Additionally, the operator noted that its China portfolio was upwards by 8.1 per cent year on year in September, while overseas portfolio rose by 7.5 per cent. Last but not least, the company's subsidiaries were down by 1.4 per cent, while non-subsidiaries were up by 12.4 per cent.
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