Container turnover of the world’s ports increased by 5.8% in Q1 2017

Container port ChinaThe global container turnover of the world’s ports increased by 5.8% yoy in Q1 2017, according to the latest report of Journal of Commerce and Alphaliner. The study shows that out of 30 of the world’s largest container ports, only 6 have reduced throughput volumes in the first quarter. In the first three months the container turnover of China’s ports grew by 7.3% yoy, while the traffic through the 18 largest ports of the US and Canada, accounting for more than 85% of the combined turnover of the two countries, grew by 7.4% yoy. The forecasts of the analysts show that global container traffic in 2017 will increase by 4.6%.

At the same time, there is a continuing reorientation of the flow of goods from Asia to the ports of the eastern coast of North America. Over the period from January to April, the share of ports on the west coast in the total container turnover of the ports of the two countries decreased to 65.32% against 66.8% an year earlier, the share of the eastern coast increased over the past year from 30.44% to 31.1%, the coast of the Mexican Gulf – from 2.43% to 3.28%.

The volume of transshipment through the ports of northern Europe grew by 6.6%. The highest growth rates were recorded in the largest container port of Europe – Rotterdam (+ 8%), traffic through the ports of Hamburg and Bremerhaven decreased by 0.7% and 1%, respectively.