The port of Shanghai, the world’s busiest container port, may have set a container throughput record for July, its operator Shanghai International Port Group (SIPG) said. Last month, the port handled more than 4.3 million TEU, up 16% year-on-year and up 13% month-on-month, thanks to its efforts to diversify its business and the strengthened integration between ports across the Yangtze River Delta region, said shipping industry experts. On average, the port handled 140,000 TEU per day, said SIPG, adding that the port realized positive growth in the first seven months of this year. Last year, the port handled more than 47 million TEU, or about 3.92 million TEU per month. Specifically, its subsidiary Shanghai Shengdong International Container Terminal recorded a single-month high of 840,000 TEU, SIPG said. Shengdong is responsible for part of the Yangshan Deep Water Port, which is one of the Shanghai port’s main units. Its robust growth is mainly supported by exports and imports, said Zhou Dequan, Director of the Shanghai International Shipping Institute’s domestic shipping research office.
Shanghai port has been rated as the world’s largest container port for 12 consecutive years since 2010. Consistent advancement in new technology, diversified transportation solutions and business models, and collaboration between regional ports are credited for SIPG’s steady business performance. “The digital transformation launched by the group has given us a technological edge in SIPG’s development, supporting our pursuit of building a world-class hub and an intelligent, green, safe and resilient port,” said Zhou Yong, Assistant to the General Manager of the Production Division of SIPG.
According to Lin Guolong, Director of the Logistics Research Center at Shanghai Maritime University, when work began to build Shanghai into a global shipping center, the government had started to make plans for a highly developed water network across the Yangtze River Delta region. The water route plays an important role in supporting the supply chains, especially due to its economic and environmentally friendly characteristics, Lin said.
Zhou Yong said SIPG has been keen in exploring new business models to consolidate its position as a global container hub as well as an international shipping center, the China Daily reports.
