Tianjin Port’s Q1 Net Profit Surges!

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On April 11, Tianjin Port released the performance forecast for the first quarter of 2023, showing that the net profit in the first quarter of this year is expected to increase by 92.12%-122.86%, says an article published in Xinde marine.

Increase in profit

According to the Tianjin Port announcement, based on preliminary calculations by the financial department, it is estimated that the net profit attributable to shareholders of listed companies in the first quarter of 2023...

https://mfame.guru/tianjin-ports-q1-net-profit-surges/

VESSEL REVIEW | Hai Xun 156 – Icebreaking buoy tender enters service with China Maritime Safety Administration

A new large buoy tender vessel has begun operational sailings with the China Maritime Safety Administration (CMSA). Built locally by China State Shipbuilding Corporation ..

The post VESSEL REVIEW | Hai Xun 156 – Icebreaking buoy tender enters service with China Maritime Safety Administration...

https://www.bairdmaritime.com/work-boat-world/maritime-security-world/non-naval/vessel-review-hai-xun-156-icebreaking-buoy-tender-enters-service-with-china-maritime-safety-administration/

Port of Tianjin exceeds 20 million TEU in 2021

The Chinese port of Tianjin handled a total of 20.20 million TEU in 2021, registering an increase of 10.1% in container volumes over the previous year.

Total cargo throughput in the port also saw a rise of 5% year-on-year in 2021, totalling 442 million tonnes, according to Tianjin Port Development Holdings’ data.

During the same period, Tianjin Port’s revenue surpassed US$2.2 million (HK$17.37 million), which translates to an increase of more than 12% compared to 2020, mainly attributed to cargo...

https://container-news.com/port-of-tianjin-exceeds-20-million-teu-in-2021/

Just how extreme is China’s lead in the container port business?

container shipping

China is the world’s largest exporter of containerized goods, produces eight of every 10 new containers, is the leading builder of container ships and operates the fourth-largest liner company. It should come as no surprise that China overwhelmingly dominates the global container port rankings — and with ocean trade now surging, that its port tally has reached a new peak.

Alphaliner published its annual rankings of the world’s top 30 container ports by volume last week. Of the top 10, nine are...

https://www.freightwaves.com/news/just-how-extreme-is-chinas-lead-in-the-container-port-business

Air, ocean shipments delayed as Tianjin responds to COVID cases

Containers and cranes at a Chinese port.

Import and export operations in Tianjin are slowing after a small cluster of COVID cases was discovered over the weekend, according to third-party logistics provider C.H. Robinson. Meanwhile, in Shenzhen, authorities are blaming a contaminated import shipment infecting a cargo worker, who then spread the virus to three other people.

The news comes as China reinforces its zero-tolerance policy toward COVID in the weeks leading up to the Beijing Olympics that begin Feb. 4.

Authorities in the port...

https://www.freightwaves.com/news/air-ocean-shipments-delayed-as-tianjin-responds-to-covid-cases

Tianjin port tests all workers as partial lockdown imposed

Nearly 11,000 nucleic acid samples from port workers have been collected by Tianjin Port Group as a growing Covid-19 outbreak placed the port city to be partially locked down today.

Tianjin Port Group is testing all employees to comply with epidemic control measures, alongside the mass testing of all 14 million Tianjin residents that began on 9 January.

Tianjin is the world’s eighth busiest container port, having handled 18.53 million TEU in 2020.

Thirteen points have been set up within the port...

https://container-news.com/tianjin-port-tests-all-workers-as-partial-lockdown-imposed/

Top 10: The busiest container ports in Asia

The vast majority of the largest and busiest container ports in the world are located in Asia. The continent is a crucial part of the global supply chain, which has been proven during the Covid-19 period with local lockdowns in Asian ports affecting heavily the global trade.

Below, you can find the top 10 busiest container ports in Asia, based on container volumes handled in 2020.

  1. Port of Shanghai, China – More than 43.5 million TEU in 2020

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https://container-news.com/top-10-the-busiest-container-ports-in-asia/