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Drewry: Container Port Throughput Index Down By 3.4% During November 2020, First Decline Since February

Drewry: Container Port Throughput Index Down By 3.4% During November 2020, First Decline Since February
The Drewry Container Port Throughput Indices are a series of volume growth/decline indices based on monthly throughput data for a sample of over 235 ports worldwide, representing over 75% of global volumes. The base point for the indices is January 2012 = 100.
After reaching an all-time high of 139.6, Drewry’s container port throughput index contracted by 2.4% (3.4 points) to 136.1 points in November 2020, a milder seasonal contraction compared to recent years. The index was more than 6 points (4.7%) higher than in November 2019, driven by strong growth in China and North America.
China, the largest region in the index, witnessed the monthly decline for the first time since February 2020, falling by 2.9% to 147.6 points in November 2020. Looking at the top five Chinese hubs, Ningbo and Tianjin reported monthly declines of more than 10%, and Shanghai posted a 4.7% r ....

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Drewry\: Port Throughput Indices Recovered During October With a 4% Annual Increase

Drewry: Port Throughput Indices Recovered During October With a 4% Annual Increase
The Drewry Container Port Throughput Indices are a series of volume growth/decline indices based on monthly throughput data for a sample of over 235 ports worldwide, representing over 75% of global volumes. The base point for the indices is January 2012 = 100.
Drewry’s container port throughput index finally showed recovery by reaching an all-time high of 139.1 points in October 2020, witnessing a 4% year on year and 2.4% month on month growth. This was the highest year on year growth recorded in 2020 which shows that the recovery is gathering momentum.
The container throughput index for China reached 152.5 points in October 2020, 9.5% higher than October 2019which was the strongest annual growth recorded across all regions. China has been leading the post-COVID-19 recovery since July 2020, but in previous months the reason for this growth was an increase in domestic cargo. However, Ch ....

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