20.7 C
Hamburg
Wednesday, July 15, 2020
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.

- Advertisment - LR Sustainability Decarbonisation Digital Adverts

Latest Posts

Dubai lifts crew change restrictions

Dubai Maritime City Authority (DCMA) has announced that it will allow ship operators to facilitate crew changes in Dubai. The announcement came just days...

Allianz expects pandemic to result in rise in machinery issues

Maintenance issues and cargo fires are among the most significant risks for cargo vessels in this period of the pandemic, according to insurance company...

GEODIS backs EU road freight decarbonisation programme

French transport and logistics company GEODIS is calling for European transport authorities to use regulation to speed up the decarbonisation process for trucking on...

Valenciaport outlines 2030 horizon Strategic Plan

The Port Authority of Valencia (PAV) will put out to tender this month the development of the new Strategic Plan for over US$500,000. The new...

Guangzhou Port expands international container connections

Guangzhou Port has expanded its international container routes to 119, with South Korean ship operator Pan Ocean adding a service that connects Guangzhou directly...