For the year, the Hong Kong-based global terminal operator said volume at terminals in which owns a stake rose 19.1 percent to 10.6 million TEUs.
Volume rebounds are continuing at most of COSCO's terminals in major Asian ports. Its Yantian facility in the Port of Shenzhen improved 16.6 percent to 730,000 TEUs, in March. Its Qingdao terminals increased nearly 10 percent to 926,000 TEUs, while its Hong Kong terminal grew 12.2 percent to 118,000 TEUs.
Significant growth is continuing at COSCO's Nansha terminal in the Port of Guangzhou, with March volume up 71.9 percent to 223,000 TEUs.
However, volume at COSCO's terminals in Shanghai saw volume in March drop near 18 percent to 392,000 TEUs. The Suez Canal Container Terminal, in which COSCO owns a minority stake, rose 20.2 percent in March to 236,000 TEUs.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now