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Shanghai port poised to set new container record in 2016

Shanghai port poised to set new container record in 2016
The world’s busiest port of Shanghai is poised to beat the container throughput of 36.54m teu it set in 2015, after it recorded throughput of 34.04m teu in the first 11 months this year.

Shanghai International Port (Group) Co (SIPG) released figures that the Chinese port handled 3.22m teu in November, tallying volumes for the first 11 months to 34.04m teu, up 1.9% from 33.42m teu seen in the same period of 2015, and just 2.5m teu shy of last year’s volume.

Last month’s volume rose by 6% compared to 3.04m teu handled in November 2015, according to figures from SIPG.

Shanghai is set to retain its crown as the world’s busiest port as second ranked Singapore port recorded throughput of 25.57m teu in the first 10 months this year, putting Singapore short of 8.47m teu to match Shanghai’s volumes in the first 11 months.