Shanghai set to smash yearly record

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Shanghai saw just over 3 million TEU handled in October at its port, with an aggregate count of 30 million TEU for the first 10 months of 2014.

The world’s largest port can expect to surpass its own TEU record of 33.6 million in 2013 if container volumes continue to rise at the same rate.

The Journal of Commerce reported the Shanghai Shipping Exchange as stating that the port experienced a growth of 5.4% year-on-year with the 29.5 million TEU handled from January to October 2014.

October’s total TEU throughput was recorded at 10.2% year-on-year growth due to an increase of 7.4% in comparison to October 2013.

The Port of Shenzhen came in at second place for handling figures at China’s ports, having handled 19.7 million TEU from January to October 2014.

Ningbo-Zhoushan was the third busiest China container port in October 2014, handling 1.6 million TEU to take its year-to-date total to 16.3 million.

A still of the Port of Shanghai. (Source: Port Strategy)

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