Total container activity including transshipment (TEU+TS) increased by a yearly 17.82% to stand at 699,629 twenty-foot equivalent unit (TEU) for the month of October 2023, with transshipment activity (TS) adding 102.40% YOY to 238,630 TEU, while container activity (TEU) dropped by 3.16% on a yearly basis to 460,997 TEU by October 2023.
On a monthly basis, total container activity increased by 21.62% to stand at 77,848 twenty-foot equivalent units (TEU). In more details, container activity (TEU) added 25.41% for the month of October 2023 compared to same month last year to reach 57,865 TEU while transshipment activity (TS) grew by 43.43% to 19,983 TEU for the month of October 2023, compared to 13,932 TEU in October 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 90.04% to stand at 154,876 TEU by October 2023. Similarly, transshipment volume of MSC, the other major line, added 126.84% YOY to 46,605 TEU by the same month. Furthermore, the local volume of CMA CGM dropped by 9.35% to reach 142,930 TEU, and local volume of MSC fell by 14.46% to stand at 92,355 TEU by the month of October 2023.
Yearly total container activity including transshipment (TEU+TS) in twenty-foot by October 2023:
Source: PoB, BLOMINVEST Bank
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