Shanghai Port Sees Upsurge in Containers Handled

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Last updated at: (Beijing Time) Saturday, July 19, 2003

Shanghai Port Sees Upsurge in Containers Handled

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Shanghai Port, China's largest, handled 5.219 million twenty-foot equivalent units (TEUs) of containers in the first half of this year, up 35.6 percent year-on-year, statistics from the port administration show.

Sources with the port said the sustained economic growth of China was the leading factor behind the rapid development of the port, which has seen its handling capacity of TEUs increase from 450,000 in 1990 to 8.613 million in 2002.

Last year's figure ranked the fourth largest in the world. Shanghai port is expected to handle more than 10 million TEUs this year.

The port has 25 container berths, with a combined annual handling capacity of 6.45 million TEUs. It is estimated that the port's annual handling capacity will reach 25.4 million TEUs by 2020.

Therefore, Shanghai has started the construction of the Yangshan port, where over 50 container berths can be built, to increase its handling capacity.

By 2020, a maximum of 35 container berths are expected to be built along an 11-kilometer stretch of deep water coastline at theYangshan port area. These berths will have a combined annual handling capacity of 20 million TEUs.

Costing 14.31 billion yuan (1.73 billion US dollars), the firstphase project of Yangshan port is expected to be completed by the end of 2005 and to be able to handle 3 million TEUs annually.

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