Port of Beirut (PoB) recorded a 1.64% yearly rise in its revenues to reach $180.43M, a five year high during the first three quarters of the year.
By September, total container activity including transshipment (TEU+TS) rose by an annual 0.27% to 861,172 twenty-foot equivalent unit (TEU). In details, container activity excluding transshipment grew by 8.56% year-on-year (y-o-y) to 636,307 TEU, while transshipment activity plunged by an annual 17.55% to 224,865 TEU by September 2016.
MSC and CMA CGM, the two major shipping/logistic firms functioning at the port, observed yearly declines in transshipment activity of 21.75% to 122,008 TEU and 9.24% to 86,402 TEU, respectively by September 2016.
The total volume of imported and exported merchandise rose 8.27% y-o-y to 6,600 tons during the first nine months of the year.
The number of ships that docked at the PoB reached 1,552 by September 2016, compared to 1,327 in the same period of 2015.
As for the number of imported cars, they also registered an increase from 77,811 cars by September 2015 to 79,065 cars by September 2016.
PoB Revenues by September of Each Year (In $M)
Source: Port of Beirut