Top 10 features 6 Chinese ports - Port rankings shifting
The top ten features six Chinese ports – according to Alphaliner's top 30 ports list in container-news on Wed 24 Apr 2024. - The ports' industry is reflecting changes in economic activities, with emerging economies' terminals gaining prominence. Look at recent reporting from container news
The ports' industry is reflecting changes in economic activities, with emerging economies' terminals gaining prominence. Alphaliner's top 30 ports list now includes Dubai, overtaking Rotterdam due to a decline in the latter's volumes, and Tanger Med surpassing Hamburg. The top ten features six Chinese ports...
China’s ports recorded another strong year of growth. With Qingdao recording the highest increase of any major gateway worldwide. It managed an estimated 30 million TEUs in 2023 (December 2023 figure estimated following a change in Chinese reporting rules) and is now vying with Shenzhen, which managed 29.9 million TEUs, for the position of fourth largest container port in the world.
Alphaliner remarked, “Chinese growth is not expected to be as robust in 2024, with Western demand weakening in the fourth quarter, although exports to Russia remain strong. Nevertheless, China’s grip on the global market tightened in 2023, comprising more than half (51%) of the top 30 market throughput versus 49% in 2022. Overall, the top 30 ports recorded average growth of 1.7% during the year, an improvement in 2022.”......See more from container news
