Shanghai may see 14% drop in TEUs
By Ding Yining |
December 30, 2009, Wednesday
|
Print Edition
Print Edition
SHANGHAI'S container throughput this year may drop 14 percent from 2008 to around 24 million TEUs (twenty-foot equivalent units) according to preliminary estimates, a government official said yesterday.
The city's container traffic is expected to be lower than last year's 28 million TEUs, Wang Hongquan, vice director of Shanghai Transport and Port Authority, said at a conference.
Shanghai's throughput in the first half of this year dropped 15.5 percent from a year ago to 11.7 million TEUs. He didn't provide figures for dry bulk throughput for 2009.
Container traffic in the first 11 months this year totaled 22.6 million TEUs, down 12.3 percent from the same period last year, according to Shanghai International Port Group.
The city's monthly throughput was 2.20 million TEUs, down 3.33 percent from a year ago, the smallest annual drop this year.
Shanghai was the world's second-busiest container port in 2008, behind rival Singapore which handled 29.9 million TEUs. The island state handled 15 percent fewer containers annually at 23.6 million TEUs in the first 11 months of this year, according to the Maritime & Port Authority of Singapore.
Shanghai handled 296 million tons of dry bulk goods in the first 11 months of this year, a 14 percent decline from a year ago.
The city's container traffic is expected to be lower than last year's 28 million TEUs, Wang Hongquan, vice director of Shanghai Transport and Port Authority, said at a conference.
Shanghai's throughput in the first half of this year dropped 15.5 percent from a year ago to 11.7 million TEUs. He didn't provide figures for dry bulk throughput for 2009.
Container traffic in the first 11 months this year totaled 22.6 million TEUs, down 12.3 percent from the same period last year, according to Shanghai International Port Group.
The city's monthly throughput was 2.20 million TEUs, down 3.33 percent from a year ago, the smallest annual drop this year.
Shanghai was the world's second-busiest container port in 2008, behind rival Singapore which handled 29.9 million TEUs. The island state handled 15 percent fewer containers annually at 23.6 million TEUs in the first 11 months of this year, according to the Maritime & Port Authority of Singapore.
Shanghai handled 296 million tons of dry bulk goods in the first 11 months of this year, a 14 percent decline from a year ago.
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