According to the latest information from SoHang Network, according to the statistics of container data from ports across the country, I said that in April, the cargo throughput and container throughput of ports in China steadily increased. From January to April, ports across the country completed a container throughput of 82.27 million TEUs, a year-on-year increase of 5.7%. But the global container throughput is showing a downward trend!

According to Alphaliner's latest report, the global container throughput growth is expected to decrease from 3.6% to 2.5% this year.

The consultant stated that the industry is suffering losses due to the weakness in the first quarter and the impact of the US China trade war.

The organization expressed admiration for Maersk's prediction at the beginning of the year, which predicted only 1-3% volume this year. It seems that this pessimistic prediction may come true!

According to data from over 250 global ports compiled by Alphaliner, the average growth rate for the first three months of this year was only 2.8%!

Alphaliner also pointed out that the growth rates vary greatly and are highly uneven across different regions. Among them, Middle Eastern ports performed the worst, with a significant decrease of 10.1% in quantity compared to the first quarter of 2018.

The two relatively good regions are Asia Nordic and Trans Pacific, with growth rates of 3.5% and 4.8% respectively.

Regarding the trade war between the United States and China, tariffs on Chinese imports were raised from 10% to 25% on May 15th, followed by tariffs on approximately $325 billion worth of additional goods. Alphaliner said, "The escalation of the trade war between China and the United States is expected to lower the growth rate of container traffic between the two countries in the coming quarters

Data shows that the trans Pacific spot prices between Asia and the West Coast of the United States have decreased by 15% in the past two weeks, and with the announcement of two airdrops by the Ocean Alliance, sales are expected to decline further.

These numbers indicate that major shipping companies have successfully restored most of their customer base in the past year, but are expected to suffer another setback this year!

Reminder

The recent escalation of trade frictions between China and the United States has brought many uncertain factors to Chinese ports. In the future, the development of ports needs to pay attention to the following issues: firstly, the impact of the China US trade friction on Chinese ports; The second is the impact of the integration of port resources on the overall trend of port and shipping equity cooperation and integration; Thirdly, after the implementation of the free trade port policy, it has played a promoting role in the development of ports with the deepening of reform and opening up;

The fourth is the potential impact of the development of smart ports on the operation and management of ports.

Source: SouHang Network