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Chinese ports lost 10 percent of volumes in the last two months

The extension of the Chinese New Year due to the outbreak of coronavirus had major consequences for container volumes at Chinese ports, writes Alphaliner. The analyst firm expects negative growth for the year as a whole.

Photo: China Daily/Reuters/Ritzau Scanpix

Chinese ports handled 10.1 percent fewer containers in the first two months of 2020 than in the same period last year, writes Alphaliner.

New figures from Chinese ports show, according to the analyst firm, that container volumes dropped 15.8 percent in February as a direct consequence of the prolonged Chinese New Year, which was extended due to coronavirus.

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