COSCO Pacific sees throughput grow 27 percent in March
COSCO Pacific, the terminal operating arm of COSCO Ocean Shipping Co., said Monday that March throughput at its 19 container terminals (16 of which are in China) grew nearly 27 percent to 3.7 million TEUs versus March 2007.
Heading the growth was a near doubling of volume at COSCO’s terminal in the northern Chinese port of Dalian, to 137,000 TEUs. The company’s two biggest terminals, in terms of volume, saw healthy growth this March versus last, with the Qingdao Qianwan Container Terminal growing 7 percent to 728,000 TEUs and the terminal at Yantian in the Port of Shenzhen growing 12 percent to 686,000 TEUs.
The terminal operator also saw volume at its terminal in the Port of Nansha in South China grow more than 10-fold in the last year, to 177,000 TEUs.
Its overseas terminals in Singapore and Antwerp also grew sizably in throughput, by 58.4 percent and 43.2 percent respectively, compared to March 2007. The Singapore terminal is a joint venture with PSA International.