Freight turnover at ports increases 12.4%
Source: Xinhua |
August 4, 2012, Saturday
|
Print Edition
Print Edition
CHINA has strengthened its leading position in the shipping industry, with freight capacity and loading volumes steadily rising.
A report on the shipping industry released yesterday by the Ministry of Transport said freight turnover at China's ports exceeded 10 billion tons last year, an increase of 12.4 percent year on year.
Shipping container turnover reached 164 million TEUs (twenty-foot equivalent units), up 11.4 percent from a year ago. The number of berths for production at domestic ports increased 334 from a year earlier to 31,968, the report said.
Shipping fleets have also expanded. China had 179,200 transportation ships at the end of last year, an increase of 0.5 percent, the report said.
However, China's shipping industry is grappling with a recession caused by waning demand and higher costs, the ministry said.
A report on the shipping industry released yesterday by the Ministry of Transport said freight turnover at China's ports exceeded 10 billion tons last year, an increase of 12.4 percent year on year.
Shipping container turnover reached 164 million TEUs (twenty-foot equivalent units), up 11.4 percent from a year ago. The number of berths for production at domestic ports increased 334 from a year earlier to 31,968, the report said.
Shipping fleets have also expanded. China had 179,200 transportation ships at the end of last year, an increase of 0.5 percent, the report said.
However, China's shipping industry is grappling with a recession caused by waning demand and higher costs, the ministry said.
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