Throughput growth at China's ports slows

7/3/2010 9:40:01 AM

The cargo throughput of ports in China totalled 684 million tonnes in May, up 15.2 percent year-on year-and 2.1 percentage points lower than the growth in April, Xinhua reported. The year-on-year growth of port throughput in the first five months of 2010 stood at 41.5 percent, 32.7 percent, 24.1 percent, 17.3 percent and 15.2 percent, respectively. However, the port throughput of containers hit new high in May at 11.7 million TEUs, up 23.6 percent year-on-year. The year-on-year growth in May is equal to April. Exports growth is the major reason for the surge of container throughout in May. China's exports registered a year-on-year growth of 48.5 percent in May, up 18 percent from April, and a new high since March 2007. Cargonews Asia

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