Port of Beirut Revenues Declined to $141.67M by August

Port of Beirut (PoB) revenues dropped by 2.78% year-on-year (y-o-y) to settle at $141.67M, by August 2014.

Imported cars decreased by 2.06%, during the stated period, to 59,897 cars. Likewise, the number of vessels that docked at the country’s main port dropped by 5.86% y-o-y to 1,333 vessels.

However, total container activity including transshipment jumped by 8.53% from last year, to reach 825,455 twenty-foot equivalent units (TEU), by August. Container activity excluding transshipment fell slightly by 0.24% y-o-y to 511,820 TEU. Transshipment alone surged by 26.73%, compared to the same period last year, to 313,635 TEU. Total volume of merchandise (imports and exports) inched up by 1.18% to 5.56M tons.

In addition, CMA CGM’s transshipment volume jumped by 56.16% y-o-y to 130,842 TEU, while that of MSC expanded by 13.94% to 170,260 TEU.

 

PoB Revenues by August

(in $M)

pob

 

Source: Port of Beirut

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