The Change Mariner

Shnenzen Port Volumes Surge

Business Times Asia:

China's 2nd busiest port is expected to maintain 40% growth this year

(SINGAPORE) Stronger than anticipated growth at China's second busiest container port, Shenzhen, will see it trail mainland front runner Shanghai only slightly and overtake South Korea's Busan Port in full year throughput, the latest official figures reveal.

Strong performer: Shenzhen port is expected to overtake Busan in the global volumes league table this year, though it will still trail Shanghai as well as leaders Singapore and HK Shenzhen has already handled 9.68 million TEUs in the year through November, maintaining a 40 per cent growth rate year on year, which should give it 10.6 million TEUs by the end of December.

Shanghai is expected to handle 10.9 million TEUs by year's end.

Busan, which held onto third place in the global league tables last year, had already effectively conceded that position to mainland China's biggest port, Shanghai. However Shenzhen's performance means it is on track to also pass Busan, which is likely to handle around 10.1 million TEUs by year's end.
The result will be a dramatic change in the world's top six container ports ranking, but won't shake the positions of the two leaders - Hong Kong and Singapore - at least this

Amazon Price:

Amazon Price: