COSCO PacificÆs September volume up nearly 17%
China-based terminal operator COSCO Pacific said Thursday that throughput rose 16.9 percent in September at its 20 container terminals, all but three of which are in China.
For the year, the company’s volume is up 21.7 percent, to 34.3 million TEUs. Among its biggest terminals are one in Yantian, in the Port of Shenzhen, Qingdao, Dalian and two terminals in Shanghai.
COSCO has part or whole ownership in three terminal ventures overseas, including Singapore, Antwerp and Said, Egypt, but also recently won a $5.8 billion bid to operate a terminal in the Piraeus port in Athens.
COSCO Pacific’s September volume up nearly 17%