Global Ports See 7% Cargo Volume Increase in 2024

Most of the world’s top 30 ports saw strong cargo growth in 2024, rising by 7% overall, according to Alphaliner. The most significant volume growth came from Los Angeles/Long Beach at 19.8%, Tanger Med at 18.8%, and Tanjung Pelepas at 16.9%. Alphaliner attributes the significant increase in Los Angeles/Long Beach volumes to concerns about U.S. tariffs and supply chain disruptions.

The five largest ports are the four Chinese ports – Shanghai, Ningbo-Zhoushan, Shenzhen, Qingdao- and Singapore. Shanghai retained its position as the top port globally but did not widen its lead over second-ranked Singapore. The gap between them remains unchanged at 10 million TEU. Only two ports registered a drop in volumes in 2024. Hong Kong and Xiamen saw throughput declines of -4.9% and -2.4% respectively.

European ports like Rotterdam and Antwerp grew by 2.8% and 8.1%, but Hamburg recorded a modest 0.9% growth. Despite this, Rotterdam and Hamburg’s volumes are still below pre-pandemic levels, with Rotterdam down by -6.7% and Hamburg by -15.7% compared to 2.19.

The top ten global container ports in 2024 are: 1. Shanghai (China); 2. Singapore (Singapore); 3. Ningbo-Zhoushan (China); 4. Shenzhen (China); 5. Qingdao (China) 6. Guangzhou (China); 7. Busan (S. Korea); 8. Tianjin (China); 9. Los Angeles/Long Beach (U.S.A); 10. Dubai/Jebel Ali (UAE).

Source: ShippingWatch

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