Total cumulative container activity at the Port of Beirut dropped by 7.44% annually to 700,974 TEU by November 2024, amid the escalation of the Israeli-Hezbollah war in Lebanon. Transshipment activity, which involves cargo transferred from one ship to another at an intermediate port, decreased by 26.84% to 186,633 TEU during the same period due to higher insurance and shipping premiums and safety concerns, leading to the redirection of some cargo to other ports. Meanwhile, container activity, referring to cargo loaded onto or unloaded from ships at the port, saw a slight increase of 2.41% to 514,341 TEU, indicating that the sum of local demand and supply for goods remained relatively stable.
Detailed breakdowns of these changes and additional statistics are provided below.
Annual YTD Container Activity:
| Amount (TEU) | Change (YoY) | |
| Total Activity (TEU + TS) | 700,974 | -7.44% |
| Container Activity (TEU) | 514,341 | 2.41% |
| Transshipment Activity (TS) | 186,633 | -26.84% |
YoY Container Activity for November:
| Amount (TEU) | Change (YoY) | |
| Total Activity (TEU + TS) | 60,131 | 4.20% |
| Container Activity (TEU) | 45,024 | 9.15% |
| Transshipment Activity (TS) | 15,107 | -8.21% |
Annual YTD Shipping Line Performance:
| Shipping Line | Transshipment Volume (TEU) | Change in Transshipment Volume (YoY) | Local Volume (TEU) | Change in Local Volume (YoY) |
| CMA CGM | 144,398 | -13.17% | 156,611 | -0.20% |
| MSC | 17,654 | -64.06% | 111,558 | 10.32% |
Cumulative yearly total container activity including transshipment (TEU+TS) in twenty-foot by November 2024:
Source: Port of Beirut, BLOMINVEST
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