Tag: TEU

DP World reported its 2019 TEUs commenting that despite the challenges arising from the US-China trade war and regional geopolitics, their portfolio saw a development representing their resilience. DP World handled 71.2 million TEUs (twenty-foot equivalent units) across its global portfolio of container terminals in 2019, with gross container volumes flat year-on-year on a reported basis and up 1.0% on a like-for-like basis.

HAROPA, the port complex of Le Havre, Rouen and Paris, saw a 5% drop in maritime traffic in 2019, with a total of 90 million tonnes of maritime traffic over the year. However, the bulk and container sectors grew by 13% marking the best figure since 1992.

Batangas Container Terminal (BCT) has achieved its the highest container throughput it has handled since the beginning commercial operations in 2010. Overall, the BCT handled over 310,000 TEUs.

The Port Executive Director Gene Seroka recently announced that the Port of Los Angeles moved near-record cargo in 2019 with a total of 9,337,632 Twenty-Foot Equivalent Units (TEUs), just short of the second-best year in its 113-year history, despite lingering tensions from the U.S.-China trade war.

The Global Port Tracker report by the National Retail Federation and Hackett Associates suggests that after a year of fluctuations driven by the uncertainty of the trade war with China, volume at the nation’s major retail container ports is expected to return to its usual seasonal patterns during the first few months of 2020.

Although the global trade issues that running this period, South Carolina Ports Authority (SCPA) announced that marked the best calendar year in its history. Namely, the port managed to handle about 2.44 million TEUs in 2019, meaning a 5% growth during the previous years.

The Port of Salalah, Oman’s major regional gateway port, hit an all-time record container volume of 4-million TEUs in December 2019, marking also a 19% year-on-year volume growth, according to data provided by APM Terminals. 

The Piraeus Port Authority announced that November 18 2019 marks the day that the port reached the 5 million TEUs for this year, with the last handled container being unloaded from the COSCO Shipping Capricorn vessel. Overall, the port of Piraeus is developing with the aim of becoming one of the most major ports in the Mediterranean.

MPA Singapore issued its port-performance for October 2019, focusing on key port indicators, such as the number of vessels arriving, the container throughput, the cargo throughput and the bunker sales. Generally, October saw an increase in vessel arrivals and container throughput, but a decrease in cargo volumes and bunker sales. 

An ongoing trade war between US and China seems to affect volumes in the Port of Long Beach, the second busiest port in the US, which saw a 2.4% reduction in its TEUs handled through October, compared to the same month last year.