Yangtze river cargo boosting Shanghai’s throughput
June 30, 2011 Category Inland river transport, Logistics
Shanghai port expects business volumes to rise about 10% annually for the next five years. As more manufacturers move plants inland, cargo volumes along the Yangtze river have been increasing, said Chen Xuyuan, President of the harbor operator Shanghai International Port (Group) Co. The river handled 1.34 billion tons of cargo in 2009, more than triple the volume in 2000. Shanghai’s container traffic may rise 12% this year, down from 16% in 2010, and retain its No 1 position, ahead of Singapore. Shanghai handled 12.7 million containers in the first five months of this year, compared with 12.1 million by Singapore. Shanghai last year surpassed Singapore as the world’s busiest container port.
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