SIMIC

The number is 1.08 million TEU less than Singapore's 2.7 million TEU in the same period a year ago and four million TEU prior to the pandemic.

Record-breaking results were registered in Q2 following the three-month lockdown of Shanghai, which boosted the port's volume growth as transpacific cargo was substantially diverted to Ningbo-Zhoushan.

"Indeed Ningbo-Zhoushan even overtook Singapore in Q2 though figures were undoubtedly boosted by the extraordinary Shanghai lockdowns in April and May," said Alphaliner.

"Ningbo-Zhoushan has benefitted from restrictions at its lock-down hit neighbour Shanghai, with many carriers diverting ships to avoid delays and trucking issues."

Furthermore, the port has been witnessing continued growth since July being up 26 per cent handling 3.28 million TEU on the year before volumes bounced back at Shanghai.

Meanwhile, the Shanghai port is going to build a new US$7.2 billion box terminal

Singapore ended H1 posting a drop in volumes 1.7 per cent compared to the same period the year prior, against Ningbo's 8.8 per cent climb. In April, Ningbo-Zhoushan hit a record monthly three million TEU.