Ningbo Port October box volume up 14.2%

Ningo Port saw 38.65 million tonnes of goods move through the port in October, up 14.8 percent from a year earlier, while container throughput was 1.41 million TEUs, up 14.2 percent.

But container throughput dropped 11 percent in October from a record 1.59 TEUs in September, mainly due to sluggish demand from the United States and the European Union, reported China Daily.

Located in the heart of China's container supply centre in the Yangtze River Delta, and driven mainly by demand in the US and the EU, Ningbo's performance in recent years has been impressive during the two months.

About 90 percent of the port's container throughput is foreign trade and officials expect 10-percent total annual growth.