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19 June 2021 The on-line newspaper devoted to the world of transports 04:19 GMT+2

July 15, 2020

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In the second quarter, container traffic handled COSCO Shipping Ports fell -3.2%

In the Mediterranean, only the volumes Egypt

In the first six months of this year, the monthly trend of traffic volume is steadily decreasing containerized by COSCO's port terminals Shipping Ports, which is China's leading terminalist in container segment and one of the world leaders in the sector. In in the first half of 2020, the total evented was equal to 47.3 million teu containers, down -4.4% on first half of last year. The decrease was mainly generated by the -5.7% contraction in traffic in the first three months of 2020, while in the quarter subsequent reduction was -3.2% as they were 24.8 million teu compared to 25.7 million teu in the April-June 2019.

In the first half of 2020, COSCO's only Chinese terminals Shipping Ports, a company that is part of the COSCO shipping group Shipping, have handled 33.7 million teu, with a contraction 5.6% on the same period last year, while terminals 13.6 million teu (-1,1%). Among the latter, in the Mediterranean, the Piraeus subsidiary Container Terminal (PCT) moved 2.4 million teu in the port Pie to Greece (-6.2%), Suez Canal Container Terminal (SCCT) moved 1.7 million teu in the Egyptian port of Port Said (23.5%), cosCO Shipping Ports (Spain) Terminals subsidiary, Spanish ports of Bilbao and Valencia, has moved more than 1.5 million teu (-19.0%), and the Reefer Terminal subsidiary 28,000 teu in the Italian port of Savona-Vado Ligure (-1,9%).

In the second quarter of this year, the only Chinese terminals 18.1 million teu (-2.5%), while 6.8 million teu (-4.9%). In Mediterranean basin, the volumes moved in the port of Pireo 1.2 million teu (-9.8%), those in the port of Port Said at 858 thousand teu (up 11.6%), the volumes moved in Spain 747 thousand teu (-24.4%) and those in Savona-Vado Ligure 13,000 teu (-18.6%).

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