Mixed China Fortunes

China’s twelve largest container ports handled 44.1 million TEU over the January and February 2023 period, confiming an increase of just 1.3 per cent compared to the same period in 2022. Shanghai was the leading facility with 7.46 million TEU, although activity was down by 8.6 per cent, with Ningbo & Zhoushan second with 5.31 million TEU, a rise of 9.1 per cent. Next is the port of Qingdao with 4.18 million TEU, reflecting a strong year-on-year increase of 12.3 per cent.