Shanghai – the world’s largest container port – handled 3.11m teu in August, the highest monthly volumes so far this year.*
August’s throughput rose 5.4% compared to 2.95m teu recorded in the same month of 2013. Volumes also improved by 1.6% month-on-month.*
This year, Shanghai’s port handled a total throughput of 23.44m teu, up 5.3% compared to 22.26m teu in the previous corresponding period.
Global logistics ports could handle 840m teu a year by 2018.
The world’s logistics ports are expected to handle more than 840m teu a year by 2018 as annual growth rates continue to accelerate. Projected throughput four years from now compares with 642m teu in 2013 and 674m teu projected for this year. The 2018 forecast is double that of the 2004 throughput figure of 363m teu.
Where are the most rapid growths? Africa and Greater China.
*figures from Shanghai International Port (Group) Co (SIPG)
