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http://www.shanghaidaily.com/art/2006/01/04/234110/Shanghai moves 18 million TEUs in 2005.htm
Shanghai moves 18 million TEUs in 2005
Created: 2006-01-04 CST, Updated: 2006-01-04 CST
SHANGHAI port handled 18.08 million TEUs (20-foot equivalent units) last year, retaining its place in the world's top three container ports, said the Shanghai International Port (Group) Co today.
The record throughput was 3.53 million TEUs more than that of 2004, or up 24.3 percent, said SIPG, China's biggest port operator running all the city's container terminals.
Last year, ship owners opened 32 new regular container ship lines to Shanghai, the company said in a statement.
The expanding infrastructure also helped boost the city's handling capacity. Shanghai launched five berths of the first phase of Yangshan Deep-Water Port early last month, which are expected to add more than 2 million TEUs annually.
Shanghai has been the third biggest in the world by container volume since 2003, and is narrowing the gap between two bellwethers, Hong Kong and Singapore. The city expects the Yangshan facility to help outpace these two biggest in future and develop itself into a shipping hub for northeastern Asia.
Shanghai Port Administration Bureau previously also predicted that the total cargo volume via the city's ports in 2005 will reach 443 million tons, rising from 2004's 379 million tons and allowing Shanghai to overtake Singapore, the world's biggest.
The record throughput was 3.53 million TEUs more than that of 2004, or up 24.3 percent, said SIPG, China's biggest port operator running all the city's container terminals.
Last year, ship owners opened 32 new regular container ship lines to Shanghai, the company said in a statement.
The expanding infrastructure also helped boost the city's handling capacity. Shanghai launched five berths of the first phase of Yangshan Deep-Water Port early last month, which are expected to add more than 2 million TEUs annually.
Shanghai has been the third biggest in the world by container volume since 2003, and is narrowing the gap between two bellwethers, Hong Kong and Singapore. The city expects the Yangshan facility to help outpace these two biggest in future and develop itself into a shipping hub for northeastern Asia.
Shanghai Port Administration Bureau previously also predicted that the total cargo volume via the city's ports in 2005 will reach 443 million tons, rising from 2004's 379 million tons and allowing Shanghai to overtake Singapore, the world's biggest.
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