Beirut Port freight activity contracted to around 408 thousand tons during the month of October 2022, down from 457 thousand tons in the previous month. Conversely, and on a cumulative basis, freight activity increased by 14.60% year-on-year to reach 4,406 thousand tons by end of October 2022, up from 3,844 thousand tons a year earlier. On the other hand, the number of vessels remained almost flat year-on-year at 980 while the number of imported cars rose by 40.63% (8,389 cars) to 29,037 as people flocked to buying cars in anticipation of a potential adjustment in custom fees. In a related context, the Beirut port handled containers with a total cargo capacity of around 593.83 thousand TEUs (including transshipments) in comparison with a cargo capacity of some 614.99 thousand TEUs by end of October 2021.