The latest statistics on activity at the Port of Beirut show an annual decrease of 17.69% in the revenues of the Port of Beirut (PoB) to $6.40M by October 2021, compared to last year’s $7.54M. We note that no later data on revenue are available as per Port of Beirut statistics.
Overall, total container activity including transshipment (TEU+TS) increased by a yearly 14.19% to stand at 593,834 twenty-foot equivalent unit (TEU); container activity (TEU) added 17.37% on a yearly basis to 476,030 TEU by October 2022, while transshipment activity (TS) added 5.96% YOY to 120,727 TEU by the same period.
On a monthly basis, total container activity added 51.17% to stand at 64,008 twenty-foot equivalent units (TEU) while container activity (TEU) added 26.90% for the month of October 2022 compared to same month last year to reach 46,140 TEU. Meanwhile, transshipment activity (TS) jumped by 180.05% to 16,758 TEU for the month of October 2022, compared to 5,984 TEU in October 2021.
In more details, the transshipment volume of CMA CGM, one of the two major shipping lines operating at the Port of Beirut, decreased annually by 23.98% to stand at 70,733 TEU by October 2022. In contrast, transshipment volume of MSC, the other major line, added 205.69% YOY to 31,309 TEU by October 2022. Furthermore, the local volume of CMA CGM jumped substantially by 50.27% to reach 157,082 TEU; same for the local volume of MSC which increased by 37.09% to stand at 107,971 TEU by the month of October 2022.
Yearly total container activity including transshipment (TEU+TS) in twenty-foot by October:
Source: PoB, BLOMINVEST