Cargo turnover of Chinese ports grew by 13.2%

In the first six months, the ports of China handled 7.64 billion tons of cargo, which is 13.2% more than in the same period last year, and 13.9% more than in the same period of the "pre-pandemic" 2019.
Port container throughput increased by 15% to 140 million TEU. Compared to 2019, the growth was 8.8%.

The ministry also said the government has taken measures to increase the capacity of shipping operators in order to cut shortages and limit the rise in freight costs. According to the report, container capacity on routes from China to North America and Europe currently exceeds last year's figures by 55% and 30%.

Chinese government has also taken measures to increase the production of containerized equipment. Currently, the production of containers has reached a record level - more than 500 thousand TEU per month.

This helped to reduce the deficit of empty equipment for loading Chinese exports. In June, the deficit at key Chinese ports amounted to only 1.4%, which is 12.2 pp less than at the beginning of the year.