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Chinese ports see fall in volume growth by 4.1pct in Q1 2018

Logistic News - Published on Wed, 13 Jun 2018

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While major international ports have witnessed a surge of 3.4 per cent in cargo throughput in the Q1 (January-March) of this year compared to the same period of 2017, Chinese ports, on the hand, have seen volume growth fall by 4.1 percentage points to 3.1 billion tonnes.

According to the Shanghai International Shipping Institute’s (SISI) latest Global Port Development Report for Q1 2018, throughput growth at Chinese ports was the lowest since the fourth quarter of 2016. Among the segments, domestic trade was relatively worst hit, falling 5.8 percentage points as policy adjustments and a high base from the robust growth in the first three quarters of last year weighed on the figures.

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Posted By : Amom Remju on Wed, 13 Jun 2018
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