Ningbo port to break into global top 5


Ningbo-Zhoushan Port in Eastern China could be in line to supersede South Korea’s Busan Port as the world’s fifth-largest port.

Ningbo's throughput totalled 1.7 million TEU in September 2014, and in the first eight months of this year, the port has seen steady growth with volumes up 12%, according to the Journal of Commerce.

Busan’s year-to-date growth in August was recorded at 3.4%.

In terms of TEU throughput in the same period, Ningbo's total volume was 14.8 million TEU; Busan’s was 12.2 million.

The world’s largest port, the Port of Shanghai, reported a throughput of 3 million TEU in September 2014, which is 3% lower than August's total.

Also, the world’s second largest port, Shenzhen, recorded a decrease of 2.2 million TEU in September, after recording a strong August.

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