COSCO Shipping Ports Sets New Record, Beats China Average — Panjiva
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COSCO Shipping Ports Sets New Record, Beats China Average

China 3047 Corp - Ports 908 Mode - Containerized 1523 Mode - Seaborne 1845

Container handling in China by COSCO Shipping Ports climbed 13% in July – the fastest growth in at least two years – to break through 6 million TEUs for the first time. That was the result of a 19% jump in Pearl River ports including Guangzhou and HIT. The group outperformed the Chinese mainland average of 11%. The Bohai Rim ports underperformed, with DICT in Dalian dropping 1%, likely driving the company’s move to consolidate regional facilities with PSA International and NYK.

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