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28 March 2020 The on-line newspaper devoted to the world of transports 22:50 GMT+1

March 16, 2020

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Original news
Container traffic collapses in Chinese terminals COSCO Shipping Ports in February

3.91 million teu (-19.6%) were moved

Last month, container traffic handled by the group Chinese terminalist COSCO Shipping Ports decreased by -12.1% compared to February 2019 due to the collapse of -19.6% of containerized volumes moved by the group's Chinese terminals. In China, in fact, after the drop of -4.3% recorded in January 2020, Last month, the company's terminals handled 3.91 million teu compared to 4.86 million teu in February last year, with a reduction of 952 thousand teu as a result mainly the impact on traffic of the spread of the coronavirus with epicenter in Wuhan, in central China's province Hubei. The flexion is only a small part chargeable the sale of three of the group's river terminals, which in February In 2019, there had been a total of less than 283 thousand teu ( 19 September 2019).

In February 2020, the foreign terminals that are part of COSCO Shipping Ports handled a total of 2.21 million teu (5.3%) including, in the Mediterranean, 415,000 teu moved in the port Pith of Pires (2.2%), 296 thousand teu in the Egyptian port of Port Said 104 thousand teu in the Turkish port of Kumport (Istanbul) (10.1%) and 5,000 teu in the Italian port of Vado Ligure (14.2%).

In the first two months of this year, the group's terminals a total of 14.52 million teu, with a contraction 6.3% in the first two months of 2019, of which 9.92 million Chinese ports (-11.0%) and 4.60 million teu in foreign terminals (5.6%).

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