Port of Beirut: Container Activity up 19.79% by July 2023

Total container activity including transshipment (TEU+TS) increased by a yearly 19.79% to stand at 473,328 twenty-foot equivalent unit (TEU) for the month of July 2023, with transshipment activity (TS) adding 110.55% YOY to 164,056 TEU, while container activity (TEU) dropped by 3.82% on a yearly basis to 309,270 TEU by July 2023.

On a monthly basis, total container activity added 36.53% to stand at 81,434 twenty-foot equivalent units (TEU), while container activity (TEU) dropped by 10.37% for the month of July 2023 compared to same month last year to reach 43,622 TEU. Meanwhile, transshipment activity (TS) grew by 244.47% to 37,812 TEU for the month of July 2023, compared to 10,977 TEU in July 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 89.07% to stand at 108,762 TEU by July 2023. Similarly, transshipment volume of MSC, the other major line, added 244.54% YOY to 29,117 TEU by the same month. Furthermore, the local volume of CMA CGM dropped by 5.73% to reach 93,285 TEU, and local volume of MSC fell by 20.02% to stand at 64,733 TEU by the month of July 2023.


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

Port of Beirut: Container Activity up 19.79% by July 2023

Source: PoB, BLOMINVEST Bank



This article is a research document that is owned and published by Blominvest Bank SAL.

No material from this publication may be modified, copied, reproduced, repackaged, republished, circulated, transmitted or redistributed directly or indirectly, in whole or in any part, without the prior written authorization of Blominvest Bank SAL.

The information and opinions contained in this document have been compiled from or arrived at in good faith from sources deemed reliable. Neither Blominvest Bank SAL, nor any of its subsidiaries or affiliates or parent company will make any representation or warranty to the accuracy or completeness of the information contained herein.

Neither the information nor any opinion expressed in this research article constitutes an offer or a recommendation to buy or sell any assets or securities, or to provide investment advice.

This research article is prepared for general circulation and is circulated for general information only.

Leave a Reply

Your email address will not be published. Required fields are marked *