China Puts Money on Pearl River

MarineLink.com/Xinhua
Thursday, June 27, 2013

South China's Pearl River cargo volume is expected to rise 10 per cent in 2013 while throughput at its major ports is predicted to rise 12 per cent, according to Ministry of Transportation's Pearl River Administration Navigation office.

Pearl River waterway transport investment increased 21 per cent in 2012 year on year to a record of CNY5.67 billion (US$924 million).

Last year, a 29 new berths were built, bringing with them 130,000 TEU more capacity as well as an increase of 18.83 million tonnes in overall cargo capacity

Forty-one kilometres of a 5,000-tonne navigational channel at the estuary at Yamen county, as well as 1,279 kilometres of other navigation channels, were upgraded, according to Pearl River navigational affairs director Yong Qingzeng.

By January 2013, there were 15,551 kilometres of channels on the Pearl. Second class channels totalled 290 kilometres, third class channels came in at 1,228 kilometres, fourth class at 1,011 kilometres and fifth class at 452 kilometres.

Last year, cargo traffic on the Pearl River grew 17.6 per cent to 539.5 million tonnes. Cargo volume increased 25.8 per cent to 11.94 billion tonnes per kilometre. Passenger volume rose 24.7 per cent to 22.67 million and increased 11.4 per cent to 997.54 million per kilometre.

Source: Xinhua

Maritime Reporter March 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Garamendi Introduces Bipartisan GPS Backup Bill

Congressman John Garamendi (D-Fairfield, CA), the Ranking Member of the House Transportation and Infrastructure Subcommittee on the Coast Guard and Maritime Transportation,

Soo Locks Open for Great Lakes Shipping Season

At 12:01 a.m. on Wednesday, the U.S. Army Corps of Engineers officially opened the Soo Locks for the start of the 2015 Great Lakes shipping season.   The locks at Sault Ste.

Lack of Ship Definition is a Threat to Investors

AKD says the lack of an unambiguous term to describe a ‘ship’ in several jurisdictions represents a potential threat to asset security for financiers, particularly

Ports

Plans in Place to Test Intermodal River Transport

The Paducah-McCracken County Riverport Authority and Ingram Barge Company has announced plans to assess the viability of Intermodal River Transportation, utilizing

Asia-Europe Box Rates Fall Almost 6 pct

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell 5.5 percent to $586 per 20-foot container (TEU) in the week ended on Friday,

Cosco Bulk Shipping Losses Down in 2014

China Cosco said losses in its main dry bulk shipping business fell sharply in 2014 and its container shipping gross profit grew amid a still subdued global shipping market.

Dredging

Sen. Paul Proposes New Harbor Dredging Criteria

Sen. Rand Paul (R-KY) reintroduced the Harbor Equity Act on Monday, his office announced. This legislation modifies the existing criteria used by the U.S. Army

Fugro Clarifies: Being an Independent Service Provider

Fugro has taken notice of the press release from Boskalis of Friday evening, 20 March 2015, that it has increased its holding in Fugro N.V. to 25.1%. The further stake building by Boskalis,

Sri Lanka Okays Construction on Stalled Chinese Port Project

Sri Lankan government has approved the construction of a breakwater for a Chinese funded Colombo port city project which had been suspended by the government earlier this month.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Ship Repair Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1756 sec (6 req/sec)