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Date: October 11-13, 2018
Venue: Shenzhen Covention & Exhibition Center

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Port and Shipping: Cargo Throughput Rebounds to a Growing Path

Date Posted:2012-03-21   Author:    Source:Original site
The cargo throughput of ports, foreign trade and containers above the designated size in February all hit high rises by 15.4%, 17.93% and 19.94% respectively, against 7%, 12% and 8.5% growth in the first two months of 2012.
 
Though influenced by the unfavorable factor of Spring Festival, the national ports still realized their recovery growth as expected in February. As the import of national main resources such as iron ore, crude oil and refined oil increased significantly, the foreign trade import rose with a more sustainable growth. All the above factors contributed to the remarkable growth of ports’ throughput in February.
 
According to relevant monitoring data, the growth rate of manufacturing and foreign export is more slowly than that of previous years, so we maintain the prospect that the growth of ports’ throughput will moderately slow down.
 
Most of the main ports’ throughput rebounds to growth in February, but the growth gap among ports has been widened. Step gaps have been found in the growth of large ports and medium-sized ones, that is, large ports grow slowly while the medium-sized rise faster. It indicates that more attention should be paid to the faster growing medium-sized ports enterprises.
 
The average growth of ports’ throughput in 2012 will probably grow slowly and some may diversify in this field. We should pay more attention to medium-sized ports in the short term, on the other hand, large competitive ports are still worthy of more concern in the long term.