- All
- Market news
- Knowledge
- Brands
- Events
- Freight rates
- Zip code
- Glossary
- Industrial park
Thursday, 27/06/2024, 09:51 (GMT +7)
Red Sea diversion significantly reduces Greece's container volumes
Unstable geopolitical conditions in the Red Sea have forced container ships from Asia to bypass Africa to reach Cosco ports in Spain and Northern Europe instead of Piraeus - Greece's largest port..webp)
Piraeus Container Terminal (PCT) (Source: PCT)
The report shows that container volumes at the port of Piraeus decreased in May due to reduced transshipment volumes, but domestic volumes remained at positive levels, maintaining profitable results for the Piraeus Port Authority (PPA).
According to data released by Cosco Shipping Ports, in May, a total of 319,000 containers were operated from piers II and III managed by Piraeus Container Terminal (PCT), compared to 420,000 containers in the same month in 2023, a sharp decrease of 24.1%. In addition, from January to May 2024, container throughput from piers II and III has decreased by 13.5% compared to the same period in 2023.
Overall, in the first 5 months of 2024, 1,591 million TEU were operated at piers II and III, compared to 1,840 million TEU in the same period in 2023. Container capacity decreased significantly by about 13% due to the implementation of the PPA at Pier I were recorded during the same 5-month period.
Meanwhile, total container traffic at the 36 ports controlled by Cosco Shipping Ports continued its upward trend in May, increasing 5.4% to 9.6 million TEUs from 9.1 million TEUs in May 2023. In five months, a total of 44.4 million TEUs were operated by Cosco's 36 ports, compared to 41 million TEUs in the same period in 2023, an increase of 8%.
The Chinese giant's overseas terminals continue to show signs of steady growth and recovery, with traffic increasing 1.9% year-on-year. For Piraeus, Cosco Shipping Ports (Spain) performed very well, with vessel calls increasing by 19.7% in May. Cosco's Spanish terminal handled 341,000 containers compared to 285,000 containers in the same period last year.
See more:
- Container Freight Rates Continue to Soar
- International shipping and logistics market update - Week 25/2024
- MSC launches new service connecting China and Vietnam directly to Europe
- Analysts predict container freight rates from Asia to Mediterranean could hit US$20,000
Source: Phaata.com (According to SeatradeMaritime)
Phaata.com - Vietnam's First International Logistics Marketplace
► Find Better Freight Rates & Logistics Services!
Featured News
- Hapag-Lloyd applies Peak Season Surcharge from East Asia to USA and Canada
- The world\'s largest container ships MSC Irina and MSC Loreto floated
- MSC (Mediterranean Shipping Company) - The world\'s leading container shipping lines
- Information you need to know about Maersk Line
- Top 10 export and import goods between Vietnam - Philippines in the first 5 months of 2020
Market News
See more
HOT PROMO
See more
FCL
6 Days
ASIAN EXPRESS LINE VIETNAM ( AEL VIET NAM )
3.5
FCL
6 Days
ASIAN EXPRESS LINE VIETNAM ( AEL VIET NAM )
3.5
LCL
12 Days
ORIENTAL LOGISTICS MULTIMODAL TRANSPORT COMPANY LIMITED
1.8
LCL
21 Days
MG LOGISTICS JSC
2.6
FCL
2 Days
ASIAN EXPRESS LINE VIETNAM ( AEL VIET NAM )
3.5
WHY PHAATA.COM?
USERS/MONTH
LOGISTICS COMPANIES
REQUEST FOR QUOTEŚ
QUOTATIONS
VIETNAM LOGISTICS COMMUNITY
5 Steps to Get the Best Quote
Find price quickly
and
Send quote request
Compare Quotes
and
Selection
Contact for Further Consultation
and
Send request booking
Get feedback
and
Direct Negotiation
Management
and
Evaluate
Freight rates
Sea freight
7
Days Transit
- $300 / 20'GP
Valid till: 2026-01-31
CÔNG TY TNHH SHIP LINK VIỆT NAM
0.4
20
Days Transit
- $815 / 20'GP
- $1,010 / 40'GP
Valid till: 2026-02-27
Chi nhánh tại Khu vực Bắc Bộ - Công ty TNHH Giao nhận vận chuyển Quốc tế Trường Hải
3
25
Days Direct
- $1,390 / 20'GP
- $1,760 / 40'GP
- $1,760 / 40'HQ
Valid till: 2026-01-31
SOV(越南海光)
0.1
45
Days Transit
- $3,400 / 40'HQ
Valid till: 2026-02-14
Công ty T&T Global Agency
1.8
16
Days Transit
- $180 / 20'GP
- $520 / 40'GP
- $520 / 40'HQ
Valid till: 2026-01-31
CÔNG TY CỔ PHẦN THƯƠNG MẠI VÀ TIẾP VẬN ĐẠI DƯƠNG
0.6
3
Days Direct
- $0 /cbm
Valid till: 2026-01-31
WR1 MASTER CONSOL
Verified
2.1
8
Days Direct
- $0 /cbm
Valid till: 2026-02-01
CÔNG TY TNHH VẬN TẢI BIỂN MINH NGUYÊN
0.1
19
Days Direct
-
Refund
$75 /cbm
Valid till: 2026-01-31
CÔNG TY TNHH VẬN TẢI BIỂN MINH NGUYÊN
2.6
30
Days Direct
- $40 /cbm
Valid till: 2025-12-31
CÔNG TY TNHH THƯƠNG MẠI DỊCH VỤ 3N
0
30
Days Transit
- $50 /cbm
Valid till: 2025-12-31
KHAI MINH GROUPS CO., LTD – Ho Chi Minh Branch
2.6
Air freight
1
Days Direct
- 1.9 $/kg
Valid till: 2026-01-31
CÔNG TY TNHH EVERGLORY LOGISTICS VIỆT NAM
2.6
7
Days Transit
- 5.3 $/kg
Valid till: 2026-01-31
CÔNG TY CỔ PHẦN DỊCH VỤ VÀ HẠ TẦNG Ô TÔ THÀNH CÔNG
1.9
4
Days Direct
- 8.05 $/kg
Valid till: 2026-01-17
AN BÌNH EXPRESS
2.6
4
Days Transit
- 3.7 $/kg
Valid till: 2026-01-31
MAXTENA SHIPPING&FORWARDING AGENT CO., LTD
2.7
1
Days Direct
- 2.5 $/kg
Valid till: 2026-01-10
TTL Cargo Max
2.6
Rail freight
20
Days Direct
- $7,300 / 40'HQ
Valid till: 2026-01-31
CÔNG TY CỔ PHẦN VẬN TẢI VÀ THƯƠNG MẠI ĐƯỜNG SẮT
Verified
3.8
3
Days Direct
- $450 / 20'GP
- $600 / 40'GP
- $600 / 40'HQ
Valid till: 2025-09-30
SilverSea Co.,Ltd
2.5
26
Days Transit
- $6,710 / 40'GP
- $6,710 / 40'HQ
Valid till: 2024-12-31
WORLDLINK LOGISTICS VIET NAM COMPANY LIMITED
1.8
10
Days Direct
- $1,000 / 20'GP
- $1,000 / 40'GP
- $1,000 / 40'HQ
- $1,000 / 45'HQ
Valid till: 2024-12-31
VIPUTRANS
1.8
3
Days Direct
- $706.5 / 40'HQ
Valid till: 2024-10-31
CÔNG TY CP PROSHIP
1.8
Road freight
6
Hour
- $136.44 / 20'GP
- $155.39 / 40'GP
- $155.39 / 40'HQ
Valid till: 2026-01-31
CÔNG TY CỔ PHẦN THƯƠNG MẠI VÀ TIẾP VẬN ĐẠI DƯƠNG
0.6
1
Day
- $155.39 / 40'GP
Valid till: 2026-02-18
CÔNG TY TNHH THƯƠNG MẠI DỊCH VỤ 3N
0
9
Hour
- $570 / 20'RF
Valid till: 2025-11-30
Headway Joint Stock Compnay
3.5
2
Day
- $2,263.3 / 20'GP
- $3,017.73 / 40'GP
- $3,017.73 / 40'HQ
- $3,017.73 / 45'HQ
Valid till: 2026-10-31
CÔNG TY CỔ PHẦN MORNING LOGISTICS
2
1
Day
- $169.75 / 40'HQ
Valid till: 2025-09-30
CÔNG TY TNHH LOGISTICS FV
2.5
Request For Quotes
Help you send and receive quotes from Forwarders on the market quickly and efficiently.
See more