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Drewry’s global container port throughput index dipped 0.3% in September
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This figure is, however, 4.7% higher year-on-year
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The rolling 12-month average growth rate for global port handling was at 5.5%
Drewry’s global container port throughput index dipped 0.3% in September this year, although this was 4.7% higher year-on-year.
Recently released data from Drewry Maritime Research stated that the rolling 12-month average growth rate for global port handling was at 5.5%.
Global year-to-date growth to September, meanwhile, was at 6.5%.
All regions except South Asia and the Middle East reported positive volume growth.
The global port throughput index is expected to soften further by 1.1% month-on-month in October to 116.9 points.
Greater China’s container port throughput index fell 1.2% to 123 points in September, month-on-month, but up 3.9% year-on-year.
In the run-up to China’s Golden Week holidays at the start of October, month-on-month volume growth at the largest ports “turned negative,” according to Drewry. With the exception of Xiamen and Hong Kong, volumes at the majority of leading ports were way ahead of last year’s throughput levels.
Europe’s index rose 0.9% to 108.4 points in September, up 6.8% YoY, with the rolling 12-month average growth rate better at 4.1%.
There was a notable difference between North Europe and South Europe rolling 12-month average growth rate, with 3.4% for the former and 4.8% for the latter.
South Asia and the Middle East’s index rose 0.9% in September. This was up 2.1 YoY. The 12-month rolling average growth rate, however, fell further in the red at -1.0%.
According to Drewry, “the gap in volume growth between South Asia and the Middle East continued to widen,” with the 12-month rolling average growth rate for South Asia up 8.6% in August, while the Middle East average sank to -10.7%, due to the still unresolved Red Sea crisis.
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