Shanghai Keeps Lead as World’s Busiest Container Port

China’s Port of Shanghai has wrapped up the year with a new record in the number of handled containers reaching 35.2 million milestone, Bloomberg reports.

Thus, the port managed to yet again surpass the volumes handled by its nearest box counterpart Singapore that amounted to 33.9 million.

This further broadens the gap between the two ports compared to last year’s numbers that saw a discrepancy of 1 million containers.

Compared to the last volumes from 2013,  Shanghai International Port Group (SIPG) recorded a 27% increase in profit that totaled in USD 1.08 billion. SIPG’s revenue also increased by 1.9% year-on-year.

The prestigious title has been claimed by Shanghai in 2010 and has been held ever since.

Both ports have set sights on adding more capacity to their existing facilities as they started development of new port zones and terminals.

The decision has been triggered by  a growing tendency to employ ever bigger containerships on world trade routes.

Shanghai port is comprised of Waigaoqiao port, Yangshan port and Wusong port.

World Maritime News Staff

Share this article

Follow World Maritime News

In Depth>


<< Apr 2019 >>
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 1 2 3 4 5

GreenTech in Shipping USA Forum 2019

GreenTech in Shipping USA Forum is an event for Maritime leaders who want to unlock successful business formula of the industry!

read more >

CWC World Gas & Power Series – Brazil & the Americas Summit

CWC World Gas & Power Series: Brazil & the Americas Summit is the perfect meeting place to make contacts…

read more >

FPSO Brazil Congress 2019

Charging ahead with 24 planned orders by 2022, Brazil has once again solidified its status as one of the world’s foremost oil and gas leaders…

read more >

Nor-Shipping 2019

Nor-Shipping’s conference and event programme is tailored to deliver the knowledge, value and networking to help you build your business.

read more >