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Port of Shanghai

Shanghai is still the world’s busiest container port

The port of Shanghai has maintained its position as the world largest container port.

However, new data from Alphaliner today shows its lead over second-placed Singapore narrowed last year.

Shanghai posted 2018 throughput of 42.01m teu, 4.4% growth on 2017, while Singapore handled 36.6m teu, representing growth of 8.7%.

And the 5.41m teu differential between them was narrower than the 6.56m teu difference this time last year.

The 2.93m teu Singapore gained made it the largest-growing port globally, in terms of volumes, although Shanghai’s 1.78m teu gain puts it in second place in that sub-list.

According to Alphaliner, together the world’s largest 120 box ports handled 654m teu last year, an increase of 4.9% on 2017, which was broadly in line with analysts’ consensus.

Of those, 104 ports saw volumes grow, while 16 saw declines – and there were some high-losers among them.

Hong Kong saw the largest decline in volumes, down 1.1m teu over the year, dropping from fifth to seventh place in the top 120 as it posted a 56.7% fall to finish the year with 19.6m teu throughput, prompting its major terminal operators to form an alliance to try and arrest further declines.

DP World’s flagship Dubai facility also saw volumes decline, by 2.7%, and with an annual throughput of 14.95m teu, it fell out of the top 10 to eleventh place – overtaken by the northern Chinese port of Tianjin.

Other ports which saw large losses included other high-profile transhipment hubs: Panama’s Pacific hub of Balboa continued to see fall-out from the Panama Canal expansion as larger vessels now able to transit the canal bypassed it as volumes declined 29.3%, losing around 850,000 teu, to end the year at 2.05m teu; Oman’s Salalah lost 560,000 teu, representing 14.2% of its previous year’s volumes; Dubai rival Khor Fakkan dropped 13.8% to end the year at an estimated 2m teu; while Gioia Tauro, whose problems were recently reported by The Loadstar, lost 4.9% of its volume, equating to 120,000 teu.

The two largest gateway ports to see volume declines were the Iranian hub of Bandar Abbas, where new sanctions had the catastrophic effect of cutting to 600,000 teu, or 22.4%; and the UK’s Felixstowe, whose well-publicised IT transformation project resulted in an estimated loss of some 360,000 teu, representing 8.7% of the previous year’s total.

And Felixstowe’s loss was London’s gain, where scores of ad hoc calls were handled and which recorded a 23.2% increase in volumes to an estimated 1.7m teu.

Three ports, Beirut, Puerto Limon and Dandong, fell out of the top 120 last year, and were replaced by Buenaventura, Lome and Jinzhou.

Source: The Loadstar

international shipping centre

Shanghai plan to become an International Shipping Centre by 2020

Shanghai are working towards becoming an International Shipping Centre by 2020. To achieve the target and raise the city’s core competitiveness, the local government has drafted a three-year plan.

One goal of the three-year plan is to further consolidate Shanghai’s status as an international shipping hub. In the Chinese mainland, the Port of Shanghai boasts the largest number of container shipping routes, the highest frequency of route operations and the widest network coverage. In 2017, cargo throughput rose 6.9 percent from 2016 to 751 million tons at the Port of Shanghai, while container throughput increased 8.3 percent year-on-year to 40.23 million TEUs, ranking first in the world for the eighth consecutive year.

At the same time, leveraging on the golden waterway along the Yangtze River, the Port of Shanghai is developing its waterway-waterway transport business and proceeding with its renovation project on high-grade inland waterways at a steady pace. Container lines connecting all ports along the Yangtze River are operated on a regular basis and breakthroughs have been made in the two-way navigation for large vessels along the deep-water passage at the mouth of the Yangtze River.

In 2017, waterway-waterway transport accounted for 46.7 percent of total container transfer. Among all, 10.58 million TEUs were handled along the Yangtze River, accounting for 56.4 percent of the total waterway-waterway transport and 26.3 percent of total throughput at the Port of Shanghai.

Another goal of the plan is to generally establish Shanghai’s status as an Asian gateway aviation hub. Shanghai has successfully built a “one city, two airports” system, the first of its kind in the country, whose scale and layout are compatible with their international counterparts.

The city’s two international airports, namely Pudong and Hongqiao, have a total of four terminals, six runways, 1.47 million square meters’ cargo area and an airport bonded zone, with a total designed capacity for 100 million passengers and 5.2 million tons of cargoes. Over 100 airlines have launched services to the city’s airports, which are now connected to 297 cities worldwide.

Transit centers of the three largest logistics companies are all under operation in the international cargo mail and courier service zones at the Pudong airport. In 2017, passenger throughput at Shanghai airports reached 112 million, ranking fourth around the globe. Cargo mail throughput at Pudong airport maintained its No.3 global ranking for the 10th consecutive year. Throughput of international passengers and cargo mail at Pudong airport accounted for one-third and half of the country’s total, respectively, making it the No.1 gateway in the Chinese mainland.

The third aim is to continuously improve Shanghai’s function of modern shipping services. A cluster of shipping service areas such as Waigaoqiao, Yangshan-Lingang, North Bund, Wusongkou, Hongqiao, and Pudong Airport, among which the shipping industry in Hongkou district ranks first in terms of its contribution to the district’s overall financial income, accounting for 19 percent of Hongkou’s public financial income.

A group of international and national shipping functional organizations have gathered in Shanghai. The world’s top 20 liner companies, the top four cruise companies, nine global shipping classification societies, and major State-owned and privately owned shipping companies have all set up headquarters or branches in Shanghai.

Shanghai Shipping Exchange has become the national container liner freight registration center and the China Ship Information Center. The container freight index has become a benchmark for the global container shipping market. The capability of maritime legal services has been continuously improved. The number of maritime arbitration cases in Shanghai accounts for 90 percent of the country’s total number of cases. Shanghai Maritime Court is striving to build an international maritime judicial center.

Source: Hellenic Shipping News / Global Times