Hong Kong Port Losing Ground to Shenzen

SinoShip News
Wednesday, November 21, 2012
HK Container Port Road:Photo credit Wiki Baycrest CC-BY-SA-2.5

In China's container terminal league table Shenzhen is overhauling HK, Dalian is the fastest growing & Yingkou vaults into top 25.

Shanghai is still ahead of Singapore for top spot in the world – by some half a million boxes in the first three quarters – 24.2m teu versus 23.7m.

Hong Kong, until 2005 the busiest boxport in the world, is likely to relinquish third spot to Shenzhen this year based on numbers from Alphaliner as reported by SinoShip news.

Hong Kong volumes dropped 3.9% in the first nine months, making it the worst performer in the list, while nearby Shenzhen has seen growth of 3.1%.

Also of note is the rapid rise of Yingkou, which on the basis of the first nine months of this year, has crept into the top 25.

Chinese ports account for 11 of the top 25 ports in the world with Dalian the strongest grower, clocking a whopping 26.2% growth to jump to number 17 in the rankings.

Source: SinoShip News

 

Maritime Reporter July 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Del Mar Signs Agency Agreement with Ciramar

Del Mar Marine Corp. announced it has signed an agency agreement with Ciramar Shipyards allowing the company to promote Ciramar Shipyard´s docking and facilities

Bouchard Orders Two Newbuild ATB Tugs

Morton S. Bouchard III, President and CEO of Bouchard Transportation Co., Inc., today announced the next step in Bouchard Transportation Co., Inc.’s ongoing fleet

Great Lakes Shipyard Wins EPA Drydock Contract

Great Lakes Shipyard has been awarded a contract for the United States Environmental Protection Agency (EPA) vessel R/V Lake Explorer II. The scope of work will include drydocking,

Ports

Activity at Lerwick Harbor - Forecast

Increases in cargo, passengers and mackerel landings helped the Port of Lerwick achieve forecast traffic levels in the half-year to June, 2014, compared with the same period in 2013.

Bulk Carrier Detained; Two Crew Convicted

A Hong Kong flagged vessel was detained in Queensland following a Port State Control (PSC) inspection conducted by the Australian Maritime Safety Authority (AMSA)

Bill Promotes US LNG Vessel Transport

Congressman John Garamendi (D-CA-03), Ranking Member of the House Transportation and Infrastructure’s Coast Guard and Maritime Transportation Subcommittee, introduced H.

Container Ships

Asia-N.Europe Container Freight Rates Jump 21%

Shipping freight rates for transporting containers from ports in Asia to Northern Europe jumped 21 percent to $1,455 per 20-foot container (TEU) in the week ended on Friday,

Matson Reports Solid Q2 2014 Results, Dividend Increased

Leading U.S. carrier in the PacificMatson, Inc. reported net income of $18.1 million or $0.42 per diluted share for the quarter ended June 30, 2014, compared with $20.

Redwood City Sees Cargo Movement Boost

Port of Redwood City reports 19% increase in cargo movement; highest since 2006 and third highest in modern history Reflecting a significant increase in construction

 
 
Maritime Security Maritime Standards Naval Architecture Pod Propulsion Port Authority Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Sonar
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: 0.1444 sec (7 req/sec)