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Singapore again challenges Shanghai for world's busiest box port title

Singapore again challenges Shanghai for world's busiest box port title

THE ports of Singapore and Shanghai are again neck and neck for the world's top container port title with the latest first quarter figures putting them each at 7.5 million TEU.

Friday, 20.Apr.2012, 23:13 (GMT+3)

THE ports of Singapore and Shanghai are again neck and neck for the world's top container port title with the latest first quarter figures putting them each at 7.5 million TEU.

Singapore had the title until 2010 when its container throughput was eclipsed by Shanghai's. But in March alone, Singapore's box volumes reached 2.6 million TEU, compared with 2.5 million TEU in the corresponding month last year.

Shanghai container volume in the first quarter was slower year on year, according to the Shanghai International Port Group (SIPG), which did not divulge comparative growth figures.

Chinese shipping industry officials have warned of slowing box throughput at Shanghai port this year, forecasting that turnover in the world's largest container port will be hurt by sluggish trade because of the European debt crisis and weak overseas demand.


Read: 1553 Times- Singapore, port, -


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Other Articles:
Charleston box volume up 2pc in fiscal year to date, but up 12pc in March (Friday,20.04.2012)
Fujian first quarter seaport box volume up 8.9pc to 2.24 million TEU (Thursday,19.04.2012)
Abu Dhabi Terminals at Mina Zayed 2011 volume up 47pc to 767,713 TEU (Monday,16.04.2012)
Long Beach March volume up 12pc to 461,600 TEU, sparking hopes of recovery (Monday,16.04.2012)
Hainan's Haikou port builds US$380 million passenger-ro-ro terminal (Monday,16.04.2012)
Port of Rotterdam net profit increases 10pc to US$243 million in 2011 (Thursday,12.04.2012)
Dongguan's Humen port to set up 3-square kilometre free port in 10 years (Thursday,12.04.2012)
Clogged roads into Chennai slow box flow, though docks now in good order (Tuesday,10.04.2012)
Port of Rotterdam Inks Agreement to Develop New Port in Brazil (Tuesday,10.04.2012)
Angola invests more than US$1 billion to expand second port of Lobito (Monday,09.04.2012)





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News in Pictures


The 366 metres long container giant MSC BEATRICE passing through the Strait of Çanakkale (Dardanelles). Photo by Ahmet GĂŒven.


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