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Lines rush to comply with latest SIPG shift

Lines rush to comply with latest SIPG shift

Shanghai: Container lines on the Asia - South America route are in a state of disarray as once again the Shanghai International Port Group has moved suddenly to shift cargoes from Waigaoqiao to Yangshan. Last year SIPG gave lines a matter of couple of months to move all Asia-Europe boxes from Waigaoqiao to Yangshan. Now, those lines on the South American trades have been given just two weeks to shift to Yangshan starting October 8. One port executive in Shanghai suggested the sudden move was intended to ensure that Yangshan, which opened last November, secures a throughput of 3m teu this year. Without the South American boxes Yangshan's throughput was likely to hit 2.8m teu for the year. The second phase of Yangshan, situated on a pair of islands to the southeast of Shanghai, is to commence operations this November.  [25/09/06]

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