View Banners
Hide Banners

25-04-2019

Drewry: Global Container Port Throughput Down by 2.4% in February on Chinese New Year Celebrations

The Drewry Container Port Throughput Indices are a series of volume growth/decline indices based on monthly throughput data for a sample of over 220 ports worldwide, representing over 75% of global volumes. The base point for the indices is January 2012 = 100.

In February 2019, the global container port throughput index declined to 114 points, after reaching 131 points in January. This was mainly due to the Chinese New Year celebrated in February 2019 which dampened activity levels. The February 2019 index was unchanged versus February 2018, but around 9 points up on the February 2016 level of 105.

After reaching its highest level of close to 144 points in January, China witnessed its largest monthly decline of 34.5 points (24%) in February 2019. However the annual decline was much lower at 2.4%.

After China, North America witnessed the second largest monthly decline of close to 17 points in February 2019. However, on an annual basis it was almost the same compared to February 2018.

Asia (excl. China), Europe and Latin America were the regions where the port throughput index witnessed an annual increase. The increase was much higher for Europe at 6.1% compared to 2.5% for Asia (excl. China) and Latin America (around 1%).

Africa was the only world region which saw a monthly increase (close to 2%) in Feb 2019, although it was 15.6% down compared to a year ago. However, index figures for Africa are based on a relatively small sample.

Source: Drewry

Previous Next
 

Huge Opportunities For Investment in Maritime Sector: Nitin Gadkari

View More Videos


India Tanker Shipping & Trade Summit 2019

View All Albums