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24 September 2020 The on-line newspaper devoted to the world of transports 16:22 GMT+2

September 16, 2020

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Original news
In August, container traffic handled by COSCO Shipping Ports grew by 4.8%

In the terminals operated by compatriot CMPort, recorded a decrease of -13.5%

Last month, the port terminals that are part of the network China's COSCO Shipping Ports have handled a busy 6.85 million teu, an increase of 4.8% August 2019 which represents the first percentage change in positive sign since the end of last year. The only Chinese terminals group moved 6.85 million teu (up 5.9%), while traffic in terminals at foreign ports was 2.46 million teu (1.7%). Among the latter, in the Mediterranean, Piraeus Container Terminal (PCT) branch has handled 415,000 teu in the Greek port of Pire (-9.8%), the Suez Canal Container Terminal (SCCT) has moved 346 thousand teu in the Egyptian port of Port Said (17.5%) COSCO Shipping Ports (Spain) subsidiary Terminals has moved 303 thousand teu in the ports of Bilbao and Valencia 0.8%).

In the first eight months of 2020, COSCO's port terminals Shipping Ports handled a total of 65.79 million down -2.1% on the corresponding period of last year, of which 47.31 million teu moved in the ports (-2.6%) 18.49 million teu in foreign ports (-0.9%). In Traffic in the port of Pireo was 3.26 million teu (-6.7%), in the port of Port Said of 2.43 million teu (20.6%) and in the ports of Bilbao and Valencia of 2.14 million teu (-15,6%).

Last month, the other Chinese terminal operator China Merchants Port Holdings Co. (CMPort) has handled traffic 10.87 million teu (-13.5%), while in the first eight months of 2020 traffic was 76.71 million teu (4.1%). In addition, in August alone, CMPort terminals 33.65 million tonnes of bulk (-9.9%), traffic in the first eight months of 2020 was 268.49 million tonnes (-9.7%).

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