From January to August of 2024, the container throughput of Chinese ports was 220.5 million TEU, a year-on-year increase of 8.2%. In August, the container throughput of Shanghai Port was 4.51 million TEU, a year-on-year increase of 7.9%; the container throughput of Ningbo Zhoushan Port was 3.6 million TEU, a year-on-year increase of 12.9%.

In terms of container freight rates, the average value of Ningbo Containerized Freight Index (NCFI) was 1763.9 points in September 2024, a month-on-month decrease of 26.0% and a year-on-year increase of 172.5%. Among the 21 routes, the freight index of 1 routes increased month-on-month, and the freight index of 20 routes fell month-on-month.

Source: Ningbo Shipping Exchange