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Shanghai overtakes HK as 2nd-biggest port city

PostTime:2008-02-27 08:27:26 View:668

SHANGHAI has overtaken Hong Kong as the world's second-largest port city in terms of container services, China's oceanic authority announced yesterday, Xinhua news agency reported today. Shanghai handled more than 26.15 million containers last year, second only to Singapore, the report cited the State Oceanic Administration as saying.In 2007, China ranked tops in the world in container and cargo throughout capacity for the fifth straight year.The country established 14 new harbors with a total capacity of more than 100 million tons last year, the report added. The country's ocean transport industry earned an annual profit of 34.14 billion yuan (US$4.77 billion) last year, 21.1 percent more than that of 2006.The country' ship builders received the world's largest number of orders last year.The ship-making industry earned a profit of 4.48 billion yuan last year, 17.6 percent more than that of 2006.Coastal tourism revenue reached 32.42 billion yuan last year, a 19.9 percent increase from 2006, the report added.

Maritime official calls for funding

PostTime:2008-02-21 08:22:20 View:765

SHANGHAI: More needs to be done to raise the city's capability to deal with oil pollution at sea, an official from the Shanghai maritime administration (SMA) said yesterday."As an international shipping center, Shanghai needs more investment to build up its capacity in coping with oceanic emergencies," Chen Xiaoguang, director of the pollution prevention department of the SMA, said after the administration announced the purchase of an automatic oil skimmer barge for Shanghai Port.The barge will be put into use on the upper reaches of the Huangpu River, where the city's water source is located. The 10 m long, 3 m wide vessel travels at 25 nautical miles an hour and can retrieve 36 cu m of spilt oil an hour."It will significantly raise our efficiency in recovering spilt oil," Chen said."We have drawn up a plan to build an emergency equipment storehouse, so we will be better equipped to cope with sea pollution," he said.Figures from the local port and shipping bureau show Shanghai has been the world's busiest port in terms of cargo throughput for the past three years. Last year it handled 560 million tons, up more than 4 percent on 2006.However, Chen said that increased capacity also means increased risk."As capacity increases, there looms the greater possibility of accidents," he said, citing the oil spill incident of Aug 5, 2003, which took three days to clear."Companies must be aware of the need for environmental protection and get involved in the process," he said.

Shanghai customs launches international LCL transit service

PostTime:2008-02-18 07:37:29 View:907

SHANGHAI customs launched a new service called "International Less-than-Container-Load Transit Programme" on February 5, which is said to be strongly supported by the government to speed Shanghai's throughput toward its aim of becoming the world's shipping centre.According to the Shanghai customs, the service allows Chinese export cargo to be consolidated with transit cargo from other countries without having to declare customs on entering into Yangshan Bonded Port Area before it can be shipped abroad.Brilliance Cargo Management Co Ltd is the authorised domestic provider of the new service.

Shanghai port traffic surpasses Hong Kong

PostTime:2008-01-22 08:35:14 View:1026

Shanghai's ports handled 26 million TEUs in 2007 with a growth of more than 20 percent compared with last year, surpassing Hong Kong to become the world’s second busiest port.Cargo throughput reached 560 million tonnes in 2007, ranking first globally for the third straight year.Shanghai's Waigaoqiao and Yangshan ports handle the busy trade of the Yangtze River delta, China's most prosperous region and a base for light manufacturing and trade.Singapore is the world's largest port city in terms of TEU throughput. Its throughput rose 12.7 percent to a record 27.9 million TEUs.Hong Kong's container traffic slowed by 1.5 percent in 2007 to 23.88 million TEU, according to the Hong Kong Port Development Council, as shippers switched to more convenient ports in the southern Chinese cities of Guangzhou and Shenzhen.

Shanghai port second in TEU throughput in 2007

PostTime:2008-01-21 08:41:07 View:781

The twenty-foot container equivalent units (TEU) throughput of Shanghai port exceeded 26 million in 2007, surpassing Hong Kong to rank second globally, Shanghai Port and Shipping Bureau official said Friday.The TEU throughput grew by more than 20 percent from 2006.Local officials attributed the throughput growth to the port's expansion in recent years and the prosperous export-oriented business in the Yangtze River Delta, a major powerhouse of the country's economy.The Shanghai port currently has 42 TEU piers with routes to more than 300 ports worldwide.The cargo throughput of Shanghai port reached 560 million tons in 2007, ranking first globally for the third straight year.The Port of Singapore is currently the world's largest in TEU throughput. It handled more than 28 million TEUs last year.The municipal government authorities have been striving to build the Shanghai port into an international shipping center.

Shanghai's Waigaoqiao beats all with 15.6 million TEU in near-sea surprise

PostTime:2008-01-18 14:24:57 View:681

SHANGHAI's Waigaoqiao port outshone all other Chinese container terminals in 2007 handling 15.6 million TEU, just as the international big shipping lines were drifting off to nearby Yangshan.When spanking new Yangshan port came on line, European, American and Australian lines moved there. But despite this, near-sea services to Japan and southeast Asia came to Waigaoqiao's rescue providing higher short haul frequencies that ended in surprising growth, said XinhuaWaigaoqiao kept strong growth in 2007 and the annual box volume accounted for about 60 per cent in the total cargo volume of the Shanghai port, the report said.Statistics show the number of container voyages calling Waigaoqiao kept increasing to 17,818, or 48 daily.To meet surging demand for customs and inspection services, authorities have been operating 24 hours a day throughout the year in Waigaoqiao and introduced vessel pre-inspection and online inspection application services to improve efficiency, the report added.

SIPG to take majority stake

PostTime:2008-01-15 08:25:03 View:952

SHANGHAI: Shanghai International Port Group Co (SIPG), China's largest port by cargo throughput, yesterday said it will take a majority stake in the proposed joint venture with Jiujiang port, a move seen as part of the company's strategy to secure outbound freight in the lower and middle reaches of the Yangtze River.According to a statement to the Shanghai Stock Exchange, SIPG will hold 91.67 percent of the joint venture, worth an estimated 550 million yuan.Jiujiang port, controlled by the Jiujiang State-owned asset supervision and administration commission, is one of the 13 major ports along the Yangtze River. The Jiujiang asset commission will hold the remaining 8.33 percent stake.SIPG operates Yangshan deepwater port, east of Hangzhou Bay. On completion by 2020, the port will be one of the world's largest with a capacity of handling 20 million TEUs of containers a year."Leveraging on the Yangshan deepwater port, SIPG is increasing the transit cargo ratio of total throughput, which is an important parameter for judging the size and efficiency of an international shipping center," said Li Yuezhen, a press officer for SIPG.Li said purchasing Jiujiang port was part of the company's expansion strategy along the Yangtze River. "The company will invest in more ports in the middle and lower reaches of the Yangtze in future to explore central and western China as the new freight sources.""The move is also in response to the government's call to build a national navigation hub to better serve the Yangtze River Delta and the inland areas," she added.Lu Congzhen, a marine industry analyst at Orient Securities in Shanghai, said the purchase of more inland ports would not only benefit SIPG but also the entire marine industry in China."The inclusion of Jiujiang port and others river ports in SIPG's map helps the company expand the freight sources in the industrial heartland in central and west China," said Lu.Industry analysts say Shanghai is playing a crucial part in helping integrate the transportation systems in the Yangtze River Delta region. "SIPG's cooperation with more inland river ports helps consolidate Shanghai's position as the nation's shipping center," said Qian Hongwei, an analyst at CITIC China Securities.

Waigaoqiao throughput tops in China

PostTime:2008-01-11 08:17:33 View:1022

Shanghai's Waigaoqiao Terminal in China recorded the highest container volume in the country for the year 2007.The annual container throughput reached 15.6 million TEUs, accounting for 60 percent of Shanghai Port's total and the terminal handled 17,818 container carriers in the year.After the commencement of the Shanghai Yangshan Port, Waigaoqiao handles mainly carriers serving shorter hauls, to nearby areas like Japan and Southeast Asia. The diversion makes Yangshan the port handle carriers for long hauls, like Europe, Australia and the Americas.

Shanghai port throughput continues to top the world

PostTime:2008-01-04 08:16:47 View:1084

The cargo throughput of Shanghai port reached 560 million tonnes in 2007, ranking first in the world for the third straight year, the Shanghai Port and Shipping Bureau said.Cargo volume grew by 4.2 percent from 2006. The throughput of TEUs at Shanghai port increased by 20.4 percent to reach 26.15 million.The cargo throughput of Shanghai port reached 443 million tonnes in 2005, surpassing the Port of Singapore to become the largest in terms of cargo throughput.Shanghai port now has 42 TEU piers and routes to more than 300 ports worldwide.Municipal government authorities have been striving to build Shanghai port into an international shipping centre.

Nanhui targeted to be marine industry grouth region

PostTime:2008-01-02 10:23:22 View:1650

Shanghai will cast its strategic light on Nanhui District, which is destined to become the country's largest marine industrial base, according to a new development plan.Nanhui is at the city's southeastern tip which makes it ideal as a new economic development growth region along the East China Sea coastline.More than 200 business leaders and industrial experts from coastal cities in Jiangsu, Zhejiang and Fujian provinces attended a forum last week at which the district's development plan for the next five years was outlined.The 2007 Shanghai Marine Forum was held in Nanhui and sponsored by Shanghai Development and Reformation Commission, Shanghai Science and Technology Commission, Shanghai Ocean Bureau, Nanhui government and many others.Zhang Jianchen, the district's governor said Shanghai's marine economy has great potential for growth if political and business leaders work together to promote the region.The marine economy has become Shanghai's new economic growth point in recent years.As China's biggest coastal city, Shanghai boasts a sea area of 8,000 sq. km.The total output value of the city's marine economy last year jumped to US$43.26 billion from $38.2 billion in 2005, leading all the country's coastal cities.Nanhui claims almost half of Shanghai's 150 km coastline. With Pudong International Shipping Port in the north, Yangshan Deep Water Port in the south and the East China Sea in the east, the district, located at the junction of the Hangzhou Bay and the mouth of Yangtze River, enjoys a unique geographical advantage to develop its marine industry.As the Yangshan Deep Water Port and Lingang New City projects have gathered momentum in recent years, Nanhui has found its niche in the marine industry, which is providing a strong boost to the district's economy.According to local government statistics, Nanhui's added value from the marine industry last year accounted for nearly 9.5 percent of the district's gross domestic product (GDP), soaring from the 3.1 percent in 2005. It is estimated that this year the figure will exceed 10 percent.In addition, completion of the first and second construction phases of Yangshan Deep Water Port has seen its freight handling capacity greatly improved. The volume of freight handled is set to hit six million TEUs by year-end, a leap of 85 percent compared with last year.Nanhui has already fostered an integrated marine industrial structure, including ocean fisheries, ocean communication and transport, shipbuilding, seaside tourism, ocean shipping, marine biomedicine, seawater utilization and salt production.Wang Pinxian, a member of the Chinese Academy of Sciences and professor of Tongji University said to develop high and new marine-related technology is the key factor to boost the industry as well as the economy.Logistics giants among the world's top 20, such as ProLogis and Caterpillar as well as other industrial leaders including China State Shipbuilding, Wrtsil (a provider of complete lifecycle power solutions focused on the marine and energy), Kalmar (a Swedish container-handling equipment manufacturer) and many others have adopted Nanhui District as their strategic bases in China.The Heavy Port Equipment Industrial Zone in Lingang New City is a vital part of the city's modern equipment manufacturing industry and Nanhui Logistics Park is Shanghai's largest goods distribution center.The Shanghai Marine Hi-tech Base, with a planned area of 3.5 sq. km, will feature marine gene study, ocean biology research and comprehensive application of seawater.Also, several national marine-related scientific projects have been approved and will soon start in Nanhui.Chen Kehong, deputy director of Shanghai Science and Technology Commission, is confident about the marine-focused future of economic development in Nanhui.He said Nanhui should further collaborate with Shanghai Marine University and Shanghai Fisheries University and strengthen partnership with other institutes such as Jiao Tong and Tongji universities to innovate high-tech marine equipment, develop ocean information services and underpin ocean resource exploration.With rich seaside tourism resources including the district's 60-km coastline, the Donghai Bridge and Zhoushan Islands in the nearby Zhejiang Province, Nanhui is also forging ahead to create its marine culture and develop a seaside tourism industry.But Chen also pointed out some weak points that need strengthening.He said Shanghai is strong in marine technology resources and has unique geographic advantages, but its small sea area and scarcity of ocean resources are the biggest obstacles to developing the marine industry.He suggested that Shanghai needs to collaborate with all cities in the Yangtze River Delta region to better promote the industry.It was also seen as increasingly important to protect the region's ocean rights and develop fisheries conservation.

Shanghai's volume up 20.5pc in first 11 months to 23.9 million TEU

PostTime:2007-12-28 09:19:39 View:1136

FROM January to November, the Port of Shanghai handled 23.9 million TEU, up 20.5 per cent over the same period last year, Logistics Week reported.During this period, Yangshan port area handled 5.5 million TEU. Shanghai's overall throughput tonnage rose 4.2 per cent to 512 million tons, 449 million tons were handled by seaport, 63.7 million tons were handled by river ports, 233 million tons were foreign trade cargo.In November, the port handled 2.25 million TEU, up 17.4 per cent over the same month a year ago. Yangshan port area handled 550,100 TEU.

NYK to invest in Shanghai's Yang Shan complex

PostTime:2007-12-28 08:28:41 View:1267

NYK Line investment strategy in China fast growing port and terminal industry is continuing, with the company recently announcing that it was hoping to be admitted as an active investor in phase 3B of the Da Xiao Yang Shan container-handling complex.Recent years have seen Japan's largest shipping group plough an increasing amount of capital into terminal projects in China, a move viewed by company president Koji Miyahara as critical in responding to the growing needs for high-quality logistics solutions by importers/exporters in the country.In particular, Miyahara, wants to develop Shanghai as a strategic centre for NYK's liner shipping and logistics services in China and direct involvement in the Yang Shan project is seen as a key part of this exercise.Currently, NYK schedules 22 sailings a week to/from China largest container port, with the carrier controlling approximately 2% of Shanghai's total throughput.Phase 3B comprises the next stage in Yang Shan development programme, which ultimately will deliver more than 50 containerships berths with the capacity to handle about 25 million TEU a year.Elsewhere in China, NYK has a number of joint ventures in place, including a 20% stakeholder Dalian International Container Terminal, which is scheduled to open in April 2008. Its other projects are mainly facilities geared towards handling automobiles and ro-ro traffic and include terminals in Shanghai (Shanghai Haitong International Automotive Terminal), Dalian Automobile Terminal and Tianjin Port Ro-Ro Terminal.Any investment by NYK in Yang Shan is bound to include the Shanghai International Port Group, which is developing the facility, and most likely several other investors too.