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China cargo throughput surges 20% in first quarter

4/21/2010 10:26:28 AM

China's cargo throughput at ports saw a sharp 20 percent increase year-on-year in the first quarter of this year, reports 21st Century Business Herald, citing He Jianzhong, a spokesman of the Ministry of Transport (MoT).

According to He, China's port container throughput had increased more than seven percent year-on-year in the first quarter of 2010.

It is learned that in the first quarter of 2009, port container throughput had experienced its first decline in 20 years, which was down eight percent year-on-year,

Statistics show that iron ore throughput at China's domestic ports amounted to 173 million tonnes in the first quarter, an increase of 16 percent year on year, and by the end of March, inventory of iron ore at domestic ports totaled 70 million tonnes.

During the same period, China's coal shipments through domestic ports totaled 125 million tonnes, an increase of seven percent year-on-year. Of the total, 43 million tonnes were shipped in March, up eight percent year on year.

Coal imports through domestic ports amounted to 40.70 million tonnes in the first quarter of 2010, a significant increase of 26 percent year-on-year.

Due to the big increase of car sales, China's crude oil throughput at domestic ports soared 30 percent year-on-year to hit 48.42 million tonnes in the first quarter of 2010.

 

Cargonews Asia

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