Zheng Quan Shi Bao Wang·2025-06-05 12:11Group 1: Port Performance - Multiple A-share listed port companies reported an increase in container throughput in May, while Guangzhou Port experienced a slight decline in cargo throughput [1] - Ningbo Port projected a container throughput of 4.53 million TEUs in May, a year-on-year increase of 7.1%, and a cargo throughput of 107.6 million tons, up 7.7% [1] - Guangzhou Port's May container throughput is expected to reach 2.309 million TEUs, a 4.3% increase year-on-year, while cargo throughput is projected at 50.175 million tons, a slight decline of 0.3% [1] - Beibu Gulf Port reported a cargo throughput of 30.8633 million tons in May, a year-on-year increase of 6.43%, with container throughput reaching 881.3 thousand TEUs, up 10.79% [1] Group 2: Shipping Rates and Market Conditions - The China Export Container Freight Index rose by 0.9% year-on-year as of May 30, with the East America route increasing by 9.3% and the West America route by 4% [2] - Short-term demand for shipping on American routes remains strong due to tariff policy fluctuations and uncertain trade environments, but specific demand levels require further monitoring [2] - Nearly half of the port-listed companies reported a year-on-year increase in net profit for Q1, with Shanghai Port Group, Qingdao Port, and Ningbo Port showing growth rates of approximately 6%, 6.51%, and 4.54% respectively [2] Group 3: Operational Challenges - Beibu Gulf Port's management noted that the company faced challenges in revenue growth due to changes in cargo source structure and reduced high-value import/export trade [3] - Ningbo Port's management reported a 10.2% year-on-year increase in container throughput for the first quarter, ranking it among the top three global container ports [3] - The impact of the U.S. government's tariff policies on trade has led to a decrease in container throughput on American routes, while other routes continue to see growth [3]