14.5 C
Hamburg
Wednesday, June 4, 2025
Home Port News Chinese ports dominate the global shipping

Chinese ports dominate the global shipping

The United Nations Conference on Trade and Development (UNCTAD) recently announced the top 10 ports by container volume in a report on global shipping in 2017. The Chinese ports include Shanghai (number 1), Shenzhen (number 3), and 5 more, all in the top 10. Singapore (number 2) and Busan (number 5) were high on the list as well, making it clear that Asian ports are the “core” of global shipping.

The overall volume of containers processed in 2017 increased by 4% in comparison with 2016 and reached 10.7 billion tons. The overall volume dropped to 7.9 billion tons in 2009 as a result of the financial crisis, but smoothly increased again afterwards. The 4% growth is estimated to continue in 2018, but the “Sino-American trade war” constitutes an unpredictable element.

Read more on Fresh Plaza.





Latest Posts

ORBCOMM unveils new container visibility tool

ORBCOMM has announced the launch of CrewView, an onboard visibility solution designed to give vessel crews real-time access to data from smart refrigerated and...

SAAM-Enap partnership: Latin America’s first electric tug en route to Chile

Latin America’s first fully electric tugboat has officially set sail from Tuzla, Turkey, on a 45-day journey to Puerto Montt, Chile. From there, it will...

Singapore and France sign enhanced maritime partnership agreement

French Minister for Transport Philippe Tabarot and Singapore’s Acting Minister for Transport and Senior Minister of State for Finance Jeffrey Siow signed an Enhanced...

CMA CGM, DP World Ramp Up Investment Amid Global Trade Turbulence

As global trade fragments under the weight of geopolitical tensions, French shipping group CMA CGM and UAE-based logistics company DP World are positioning themselves...

AD Ports establishes Tbilisi Intermodal Hub in Georgia

AD Ports Group has announced the inauguration of the first phase of Tbilisi Intermodal Hub, Georgia's first modern, bonded container and intermodal terminal, and...
error: Content is protected !!