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.
Cosco signs Tianjin deal
Cosco Pacific, the ports and terminals arm of the China Ocean Shipping Group (Cosco), has signed a Memorandum of Understanding (MoU) with China’s Tianjin Port Authority to take a 50 percent interest in a joint venture that will build a new six-berth container terminal at the port in two phases.
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