Bulk cargo volume shines at Guangzhou Port in Q1
SOURCE: Guangzhou Port Group |UPDATED: 2020-05-06Visit Statistics:

The Port of Guangzhou saw robust growth in the handling of bulk commodities in the first quarter of 2020, despite the disruptions in global commerce caused by the coronavirus outbreak.

Steel imports increased 104.3% from January to March this year, compared with 2019. Coal, ore and petrochemicals for foreign trade also rose 6.4%, 2.0% and 1.4%, respectively.

The Xinsha Port area handled 76,000 commercial vehicles in the first three months of this year, up 15.7% from last year. Among them, 7,700 were exported, showing year-over-year growth of 60%. The port has been expanding its business in automobile exports and, with high-quality services, it has attracted new auto manufacturing partners like Changan and Geely to ship their products overseas.

The Nansha Grain and General Cargo Terminal recorded a 21% increase in food shipments during the opening quarter this year, which amounted to 1.07 million tons. Food imports stood at 530,000 tons, up 87% as compared to the same period last year. 

The terminal launched a new service of transporting coil paper on bulk carriers in February, which greatly facilitates the import of paper products in large quantities. Paper pulp arriving at the terminal grew 88% during the first quarter.

The Port of Guangzhou also had a 49.8% gain in sea-rail intermodal freight volume and opened seven international shipping routes in the first three months of 2020.

As a result of the COVID-19 epidemic, the port handled 118.775 million tons of cargo between January and March this year, down 4.6% from last year. Container throughput fell 10.8% with 4.41 million TEUs. However, the declines are not as bad as expected and have been narrowed since March, as enterprises gradually resume production.

Editor: Pauline Tai