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Overseas volumes drive growth for China Merchants Port Holdings

April 1, 2021
in News, Top News
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Overseas volumes drive growth for China Merchants Port Holdings

Bai Jingtao, managing director of CMPort

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China Merchants Port Holdings (CMPort) saw container throughput rise by 8% across its terminal portfolio to 120.5m teu last year, boosted by the global economic recovery in the second half of 2020, particularly at its overseas terminals.

Volume growth from the group’s ports in mainland China, Hong Kong and Taiwan was flat whereas overseas operations delivered a 39% increase, supported by the contribution of eight terminals acquired by Terminal Link.

The acquisition stretched the operator’s port network into Southeast Asia, the Middle East, Europe and the Caribbean Sea, while Lomé Container Terminal in Togo, TCP Participações in Brazil and Colombo International Container Terminals (CICT) also delivered growth.

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