Shanghai port increased container handling by 2%

 Shanghai port increased container handling by 2%

The port of Shanghai handled 11.86 million TEU in the July-September quarter, which is 2% more than in the same period last year, according to data published by the port operator SIPG.
Shanghai's container throughput in the first nine months of the year increased by 10% YoY.

Growth slowed down from 14% on average in the first half of the year. The slowdown in growth rates is largely due to the impact of the pandemic on last year's performance. Port turnover declined YoY until June 2020. Growth resumed in July, and double-digit volume growth in the last three months of the year made it possible to fully compensate for the losses in the first half of the year.

In October last year, Shanghai became the first port in the world to handle over four million TEUs in a month.

Compared to the "pre-pandemic" indicators in 2019, traffic through Shanghai in nine months increased by 8.6%, in the third quarter - by 3.5%.

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