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Shanghai ports retain No. 2 TEU spot
By Ding Yining |
January 3, 2009, Saturday
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Print Edition
Print Edition
Shanghai handled 28 million TEUs (20-foot equivalent units) last year, a rise of 7 percent, to retain its No. 2 ranking in the world, port officials said, although a research note cautioned of tougher times this year.
The container throughput grew from 26.1 million TEUs in 2007. The 7-percent growth, however, was sharply down from 20.4 percent in the year-earlier period. Government forecast said the growth rate could hit 9 percent last year. Singapore handled 27.9 million TEUs in 2007 to rank No. 1.
The Waigaoqiao Port contributed more than 54 percent, or 15 million TEUs, to the total volume last year. This means that Waigaoqiao will stay No. 1 in throughput among domestic ports.
The throughput of the Yangshan Deep-water Port also rose from the previous year to reach 8.2 million TEUs as the last phase of its northern section was completed and was fully operational early last month, adding 2.2 million TEUs to its existing handling capacity.
"The container operations of domestic ports will slow in 2009 with the impact of a global turmoil," said a China Merchants Securities research.
"The growth rate of the total throughput of domestic ports may fall below 4 percent" this year.
The container throughput grew from 26.1 million TEUs in 2007. The 7-percent growth, however, was sharply down from 20.4 percent in the year-earlier period. Government forecast said the growth rate could hit 9 percent last year. Singapore handled 27.9 million TEUs in 2007 to rank No. 1.
The Waigaoqiao Port contributed more than 54 percent, or 15 million TEUs, to the total volume last year. This means that Waigaoqiao will stay No. 1 in throughput among domestic ports.
The throughput of the Yangshan Deep-water Port also rose from the previous year to reach 8.2 million TEUs as the last phase of its northern section was completed and was fully operational early last month, adding 2.2 million TEUs to its existing handling capacity.
"The container operations of domestic ports will slow in 2009 with the impact of a global turmoil," said a China Merchants Securities research.
"The growth rate of the total throughput of domestic ports may fall below 4 percent" this year.
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