Port of Beirut: Container Activity up 16.28% by the end of December 2022

Overall, total container activity including transshipment (TEU+TS) increased by a yearly 16.28% to stand at 715,099 twenty-foot equivalent unit (TEU); container activity (TEU) added 16.71% on a yearly basis to 561,202 TEU by December 2022, while transshipment activity (TS) added 9.53% YOY to 146,342 TEU by the same period.

On a monthly basis, total container activity added 37.04% to stand at 60,755 twenty-foot equivalent units (TEU), while container activity (TEU) added 14.34% for the month of December 2022 compared to same month last year to reach 41,928 TEU. Similarly, transshipment activity (TS) grew by 80.44% to 13,827 TEU for the month of December 2022, compared to 7,663 TEU in December 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 6.86% to stand at 103,041 TEU by December 2022. In contrast, transshipment volume of MSC, the other major line, added 98.77% YOY to 22,284 TEU by December 2022. Furthermore, the local volume of CMA CGM jumped substantially by 47.5% to reach 186,659 TEU; same for the local volume of MSC which increased by 35.72% to stand at 123,984 TEU by the month of December 2022.

Yearly total container activity including transshipment (TEU+TS) in twenty-foot by December:

Port of Beirut: Container Activity up 16.28% by the end of December 2022

Source: PoB, BLOMINVEST

 

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