Shanghai sees container throughput to rise 3% in 2013
Print Edition
Shanghai expects container throughput to grow 3 percent this year, which will help it remain as the world’s busiest container port over Singapore.
Container volume may reach 33.5 million TEUs (twenty-foot equivalent units) in 2013, up from 32.53 million TEUs last year, Chen Xuyuan, chairman of Shanghai International Port (Group) Co, said yesterday.
Shanghai, whose port facilities include the Yangshan Deep-water Port and the Waigaoqiao port, overtook Singapore in 2010 to become the world’s busiest container port.
Shanghai’s newly opened free trade zone, which covers Yangshan and Waigaoqiao, is set to cement the city’s leading position. The Chinese government has promised to facilitate and simplify trade procedures in the pilot FTZ.
Chen said the FTZ will lift the city’s container traffic.
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