Home >> Port >>Shanghai container throughput up 5.7% in June

Port


Shanghai container throughput up 5.7% in June

Author: Posttime:2012-07-11 08:45:32

Shanghai Port, the world's busiest container port, saw its container volume in June rise 5.7 percent from the previous year, with the growth rate picking up for the second straight month, data issued by the port's operator showed, reported Reuters.

Container throughput reached 2.77 million TEUs, down from 2.84 million TEUs in May.

The annual growth rate nearly doubled from May's 2.8 percent.
Trade data for June is due later. According to economists polled by Reuters, trade data is expected to show annual export growth of 9.9 percent in June and import growth at 12.7 percent.

Zhuge Yujie, president of Shanghai International Port (Group), the port's operator, warned in May that growth would slow this year to two to three percent as the economy slows.

source:cargonewsaisa
Related posts

backEmail | Print