PORT of Shanghai's Yangshan terminal has started to allow sailings in both directions on its main navigational channel, which has expanded the terminal's capacity that had been restricted by the navigational channel.
The 28-nautical mile Yangshan channel handles 100 ships moving a day in and out of the terminal, which comes to 14.15 million TEU a year. reaching 52 per cent of the designed capacity.
Enabling simultaneous movement in two directions will reduce dwell time from three and a half hours to one hour and 45 minutes, while the berth utilisation rate will increase from 72 per cent to 84 per cent, reports Xinhua.
Maersk stands to make major savings as the carrier has 14 sailings a week. If operation cost of a vessel is US$38 per minute, US$2.9 million can be saved every year if time per sailing is an hour and 45 minutes shorter.
Shanghai International Port Group (SIPG) chairman Cheng Xuyuan said enabling sailing in two directions will also help cement Shanghai's status as the container shipping hub in northeast Asia.
Mr Chen also disclosed that as the next step, SIPG will seek to restructure in its business and will develop distribution, consolidation and financial services.
WORLD SHIPPING
22 October 2013 - 20:04
Yangshan's main navigational channel open to two-way traffic
PORT of Shanghai's Yangshan terminal has started to allow sailings in both directions on its main navigational channel, which has expanded the terminal's capacity that had been restricted by the navigational channel.
WORLD SHIPPING
22 October 2013 - 20:04
Yangshan's main navigational channel open to two-way traffic
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