Trade Flows Boost China, Europe Ports While Tariffs Pain US Gateways
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Most of the world’s maritime centers shook off the effects of a U.S. trade reset in May as Drewry’s Global Container Port Throughput Index rose 1.4% from April and 5.4% year-on-year.
The London-based shipping consultant said that the rolling 12-month average global port handling growth rate held steady at 6.5% for the third consecutive month.
The Greater China Container Port Throughput Index slightly softened, experiencing a 0.4% month-over-month decline to 124.9 points. However, the year-over-year...
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