Core Insights - The cargo throughput at Cotonou Port increased by 50.5% year-on-year in Q2 2025, reaching 3,153,472 tons [1] - The growth in imports was 34.7%, totaling 1,875,892 tons, while exports surged by 109.8% to 991,012 tons [1] - The port welcomed 210 vessels during the quarter, indicating a significant recovery in its attractiveness [1] Performance Analysis - The increase in cargo volume is attributed to a successful agricultural season for 2024-2025 and enhanced capacity at the Glo-Djigbé Industrial Zone [1] - Transshipment cargo contributed to a 7.6% increase in overall throughput [1] - Despite the year-on-year growth, there was a decline compared to Q1 2025, where throughput was 3,518,440 tons [1] Future Outlook - The quarterly throughput has returned to the 3 million ton level, approaching the average of 12 million tons from the previous year, but still falls short of the current expansion plan's target of 25 million tons annually [1]

Core Insights - The transportation industry has effectively supported employment stability, business stability, market stability, and expectation stability in the first half of the year, with overall economic operations remaining stable and showing progress [1] Group 1: Freight Volume - The total operating freight volume reached 28.03 billion tons, reflecting a year-on-year growth of 3.9% [1] - By mode of transport, the freight volume increased by 1.8% for rail, 4.0% for road, 4.3% for waterway, and 14.6% for civil aviation [1] - The ocean freight volume completed by Chinese shipping companies grew by 9.4% year-on-year [1] Group 2: Express Delivery - The express delivery business volume reached 95.6 billion pieces, marking a year-on-year increase of 19.3% [1] Group 3: Port Operations - Port cargo throughput maintained growth, totaling 8.9 billion tons, with a year-on-year increase of 4.0% [1] - Domestic and foreign trade throughput increased by 5.0% and 1.8% respectively [1] - Container throughput reached 17 million TEUs, reflecting a year-on-year growth of 6.9%, with domestic and foreign trade throughput increasing by 4.0% and 8.9% respectively [1]

Core Insights - In the first four months, China's port cargo throughput reached 5.755 billion tons, reflecting a year-on-year growth of 3.7% [1] - The port container throughput exceeded 11 million TEUs, showing a year-on-year increase of 7.9% [1] Summary by Category Cargo Throughput - China's total port cargo throughput for the first four months was 5.755 billion tons, which is a 3.7% increase compared to the same period last year [1] Container Throughput - The port container throughput surpassed 11 million TEUs, marking a 7.9% year-on-year growth [1]

Core Insights - The report indicates a stable growth trend in China's port cargo throughput, with coastal port cargo throughput and foreign trade cargo throughput expected to grow by approximately 3% and 4% respectively in 2025 [1][2] Group 1: Global Shipping Trends - The global shipping volume is projected to reach 12.63 billion tons in 2024, reflecting a year-on-year growth of 2.2%, which is a slight slowdown compared to 2023 [1] - China's foreign trade shipping volume is expected to account for 31.3% of the global shipping volume in 2024, an increase of 1.0 percentage points from 2023 [1] - The proportions of iron ore, coal, crude oil, and containers in China's shipping volume have increased, with respective shares of 76.2%, 30.8%, 25.6%, and 24.5% in 2024, showing increases of 1.1, 3.4, 0.02, and 0.5 percentage points compared to 2023 [1] Group 2: Domestic Port Performance - China's coastal ports are expected to handle a cargo throughput of 1.36 billion tons in 2024, marking a year-on-year increase of 3.3%, which translates to a net increase of 44 million tons [2] - Ningbo-Zhoushan Port is projected to achieve a cargo throughput of 1.38 billion tons in 2024, a 4% increase, making it the only port in the country to surpass 1 billion tons and maintaining its position as the world's busiest port for 16 consecutive years [2] - Domestic river ports are also experiencing significant growth, with a projected cargo throughput of 399 million tons in 2024, reflecting a year-on-year increase of 4.9% [2] Group 3: Future Outlook - The report anticipates that the growth of domestic river ports will continue to improve, with an expected growth rate of around 5% in 2025, driven by the full activation of economic internal dynamics [2] - The 2025 Maritime Silk Road Port Cooperation Forum, held from May 26 to 29 in Ningbo, attracted over 900 representatives from more than 40 countries and regions, focusing on international port and shipping industry discussions [2]