Port of Shanghai

Shanghai remains world’s busiest container port

Shanghai port maintained the top position in the world in terms of container throughput in 2019, according to Shanghai Mayor Ying Yong on Wednesday, January 15.

The container throughput of Shanghai port totaled 43.3 million twenty-foot equivalent units last year, ranking the first in the world for 10 consecutive years, Ying said when delivering his government work report at the ongoing annual session of the municipal people’s congress.

Read more on Xinhua.

The post Shanghai remains world’s busiest...

https://container-news.com/shanghai-world-busiest-container-port/

Port of Shanghai Rated World’s Best Connected Port by UN

  • The Port of Shanghai has topped the United Nations Conference on Trade and Development’s (UNCTAD) 2019 ranking of the world’s best-connected ports.
  • The Port of Shanghai garnered a connectivity score of 134 points in UNCTAD’s port Liner Shipping Connectivity Index (port LSCI).
  • UNCTAD’s port LSCI dataset enables businesses and governments to determine maritime transport trends and their ports’ positions compared to others.
  • The Pacific Islands are among those with the lowest shipping connectivity...

http://mfame.guru/port-of-shanghai-rated-worlds-best-connected-port-by-un/

Spot rates from Shanghai to US slip

Demand continued to be seasonally powerful for exporting containerized shipments from China in the week of Aug. 5. Due to declines in freight rates on the route to and from North America, however, the Shanghai Containerized Freight Index (SCFI) went down 1.1% from the previous week to 822.09 points, unveiled on Aug. 9 by the Shanghai Shipping Exchange (SSE).

On the Europe route, spot rates for shipments from Shanghai, which exclude terminal handling charges (THCs), stood at $810 per TEU, up...

https://container-news.com/spot-rates-from-shanghai-to-us-slip/

Container volumes at major Asian ports in June

Container volumes handled at major ports in Asia made a sharp contrast in June.

Port of Shanghai:

June container throughput at the port of Shanghai climbed 4.2% from the same month last year to 3.756 million TEUs compared to 3.603 million TEUs in the same month last year. In the first six months of the year, volumes rose 5.0% from the same period in 2018 to 21.536 million TEUs.

Port of Singapore:

Container traffic at the port of Singapore shrank 2.0% in June to 2.997 million TEUs, down for the...

https://container-news.com/container-volumes-major-asian-ports-june/

New venture to enhance multimodal transport options at Shanghai Port

A joint venture focusing on multimodal transport is being established this month at the port of Shanghai, as part of efforts to increase transport efficiency and lower carbon emissions, according to a top company executive.

“Sea and rail transport should have played a greater role in container shipping. But it has grown slowly due to the insufficient railway network at Shanghai’s major port area of Waigaoqiao and Yangshan. We expect to expand the ocean-rail transportation volume to 80,000 TEUs...

https://container-news.com/venture-enhance-multimodal-transport-options-shanghai-port/

Major China ports’ cooperation

The Port of Shanghai will cooperate with the Port of Ningbo on the comprehensive development of the northern part of southeast China’s Xiao Yangshan port area, the China Daily reported Friday, Feb. 22.

Shanghai International Port Group (SIPG) and Zhejiang Seaport Investment & Operation Group, the operators of the two ports, have reached a cooperation agreement on the development scheme.

The move is expected to boost the efficiency of cargo transit on the Yangtze River and lower costs, according...

https://container-news.com/major-china-ports-cooperation/

Shanghai Port sees another record container throughput

Shanghai International Port (Group) Co. Ltd. (SIPG), the largest port group in the Chinese mainland, reported a record high container throughput last year.

SIPG, which operates all the public container and bulk terminals in the Port of Shanghai, said Tuesday that its container throughput in 2018 reached 42.01 million standard containers, or twenty-foot equivalent units (TEUs), up 4.4 percent year on year.

In its unaudited preliminary earnings estimate filed to the Shanghai Stock Exchange, the...

http://container-news.com/shanghai-port-sees-another-record-container-throughput/

+ More