China’s ports see 8.1% YoY volume growth in early 2024
NewsLast year, all the Chinese ports handled 16.97 Bt, having exceeded their 2022 volume by nearly 8%. Shanghai throughputs surged, Hong Kong saw a downfall.
News by WCN Editorial
Yangtze river port orders four Kalmar forklifts.
By registering you will have:
Last year, all the Chinese ports handled 16.97 Bt, having exceeded their 2022 volume by nearly 8%. Shanghai throughputs surged, Hong Kong saw a downfall.
“The management of the Red Sea crisis has alleviated concerns of sudden container price rises, providing a more predictable environment”
Valenciaport handled 784,095 containers in the first two months of the year, a growth of +9.97% compared to January-February 2023.
Xeneta data reveals that average spot market rates from China to Mexico have consistently surpassed long-term contract rates since April 2023.
The Port of Salalah has taken delivery of the first four cranes in a series of 10 super-post panamax STS cranes being manufactured by ZPMC. The remaining cranes will arrive at Oman’s largest container port in Q2 2024 with all units fully commissioned in the third quarter of the year.
As part of an Executive Order aimed at strengthening maritime cyber-security, the Biden Administration plans to invest over US$20B over the next five years in port infrastructure including funds for recreating the domestic port crane industry