Port of Beirut Revenues Declined to $161.16M by September

Port of Beirut (PoB) revenues dropped by 2.12% year-on-year (y-o-y) to settle at $161.16M, by September 2014.

Imported cars decreased by 2.71%, during the stated period, to 67,303 cars. Likewise, the number of vessels docked at the country’s main port dropped by 6.54% y-o-y to 1,485 vessels.

However, total container activity including transshipment maintained its increase, going up 8.60% from last year, to reach 924,760 twenty-foot equivalent units (TEU), by September. Container activity excluding transshipment rose slightly by 0.32% y-o-y to 578,570 TEU. Transshipment alone significantly rose by 25.97%, compared to the same period last year, to 346,190 TEU. Total volume of merchandise (imports and exports) edged up by 1.60% to 6.28M tons.

In addition, CMA CGM’s transshipment volume leapt by 50.80% y-o-y to 144,034 TEU, similarly that of MSC also increased, by 13.96% to 188,541 TEU.


PoB Revenues by September (in $M)

Port of Beirut Revenues Declined to $161.16M by September

Source: Port of Beirut

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