China ports container volume rises 3.0% in the half year of 2022, Ningbo Containerized Freight Index decrease slightly i

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In the half year of 2022, the cargo volume of Chinese ports was 7580.8 million tons, a year-on-year decrease of 0.8%; the container throughput of Chinese ports was 142.3 million TEU, a year-on-year increase of 3.0%. The chart below shows the cargo throughput and container throughput data of the twelve major ports in China.

China ports container volume rises 3.0% in the half year of 2022, Ningbo Containerized Freight Index decrease slightly i

In terms of container freight rates, the average value of the Ningbo Container Freight index (NCFI)1 in July was quotes 3293.0 points, have a decrease of 5.9% compare to last month. The shipping demand was doldrums on the Ningbo Zhoushan Port-West Costal of North America route, spot rate drops recently. The average freight rate of 40GP from Ningbo Port to Los Angeles port and New York& New Jersey port in July was $6836(-10.2%)and $9434(-4.3%)month-on-month respectively.

China ports container volume rises 3.0% in the half year of 2022, Ningbo Containerized Freight Index decrease slightly i