Port of Beirut: Container Activity up 16.81% by June 2023

Total container activity including transshipment (TEU+TS) increased by a yearly 16.81% to stand at 391,894 twenty-foot equivalent unit (TEU) for the month of June 2023, with transshipment activity (TS) adding 88.59% YOY to 126,244 TEU, while container activity (TEU) dropped by 2.65% on a yearly basis to 265,648 TEU by June 2023.

On a monthly basis, total container activity added 29.42% to stand at 74,860 twenty-foot equivalent units (TEU), while container activity (TEU) dropped by 6.34% for the month of June 2023 compared to same month last year to reach 46,106 TEU. Meanwhile, transshipment activity (TS) grew by 122.26% to 28,754 TEU for the month of June 2023, compared to 12,937 TEU in June 2022.

In more details, the transshipment volume of CMA CGM, one of the two major shipping lines operating at the Port of Beirut, increased annually by 94.37% to stand at 94,264 TEU by June 2023. Similarly, transshipment volume of MSC, the other major line, added 36.51% YOY to 9,819 TEU by the same month. Furthermore, the local volume of CMA CGM dropped by 5.91% to reach 78,853 TEU, and local volume of MSC fell by 4.04% to stand at 63,728 TEU by the month of June 2023.


Yearly total container activity including transshipment (TEU+TS) in twenty-foot by June 2023:

Port of Beirut: Container Activity up 16.81% by June 2023

Source: PoB, BLOMINVEST Bank



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