Shanghai International Port Group (SIPG) has reported that Shanghai Port has surpassed an annual handling capacity of 40 million TEU, according to China's official press agency Xinhua.
When it first started operating in 1978, Shanghai Port had a handling capacity of 7,951 TEU.
The new figure means that the port's throughput has grown by over a quarter in the last seven years.
Learn why carriers, shippers, ports, and governments are beginning to ramp-up orders to deal with the financial, logistical and legal ramifications of megaships by reading the 'Freight Rates: Where is the Container Industry Headed?' technical paper by Patrik Berglund, CEO & Co-founder, Xeneta
In 2010, Shanghai port overtook the Port of Singapore to become the world's busiest container port.
Read more: In December 2017, Shanghai Yangshan Deep Water Port, the world's biggest automated container terminal, started trial operations
