Total container activity including transshipment (TEU+TS) increased by a yearly 3.45% to stand at 59,764 twenty-foot equivalent unit (TEU) for the month of January 2024, with transshipment activity (TS) lessened 1.55% YOY to 16,949 TEU, and container activity (TEU) dropped by 3.09% on a yearly basis to 39,301 TEU by January 2024.
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 11.56% to stand at 14,548 TEU by January 2024. However, transshipment volume of MSC, the other major line, dropped 92.79% YOY to 62 TEU by the same month. Furthermore, the local volume of CMA CGM dropped by 6.43% to reach 12,203 TEU, and local volume of MSC fell by 24.32% to stand at 8,083 TEU by the month of January 2024.
Yearly total container activity including transshipment (TEU+TS) in twenty-foot by January 2024:
Disclaimer :
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.