Total container activity including transshipment (TEU+TS) decreased by a yearly 6.95% to stand at 295,010 twenty-foot equivalent unit (TEU) for the month of May 2024, with transshipment activity (TS) lessened 11.08% YOY to 86,689 TEU, and container activity (TEU) dropped by 5.11% on a yearly basis to 208,321 TEU by May 2024.
On a monthly basis, total container activity decreased by 5.78% to stand at 69,349 twenty-foot equivalent units (TEU). In more details, container activity (TEU) lessened 0.44% for the month of May 2024 compared to same month last year to reach 50,578 TEU while transshipment activity (TS) dropped by 17.69% to 18,771 TEU for the month of May 2024, compared to 22,806 TEU in May 2023.
In more details, the transshipment volume of CMA CGM, one of the two major shipping lines operating at the Port of Beirut, decreased annually by 12.77% to stand at 66,466 TEU by May 2024. However, transshipment volume of MSC, the other major line, rose by 58.41% YOY to 7,708 TEU by the same month. Furthermore, the local volume of CMA CGM dropped by 9.66% to reach 59,962 TEU, and local volume of MSC fell by 12.46% to stand at 45,033 TEU by the month of May 2024.
Yearly total container activity including transshipment (TEU+TS) in twenty-foot by May 2024:
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