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Shanghai port grows despite shrinking trade

1/6/2009 10:11:57 AM

Shanghai port handled 28 million TEUs last year, growing its throughput by almost seven percent despite China's rapidly slowing exports.

The annual throughput was reported by China Knowledge Press, which announced that Shanghai had managed to hold on to its world No 2 container port status.

Singapore has yet to officially release its own annual throughput figures, but with 27.6 million TEUs having been handled between January and November, the city-state is certain to maintain its No 1 position.

Shanghai's Waigaoqiao Port handled 15 million TEUs last year, accounting for more than 54 percent of Shanghai's total volume.

Yangshan Deep-water Port handled 8.2 million TEUs as the last phase of its northern section was completed and became fully operational early last month, adding 2.2 million boxes to its existing handling capacity.

Shanghai's total container throughput was 26.1 million in 2007.

                                                                              CargoNewsAsia

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