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City on way to be international shipping hub
8/12/2006 16:34

Wendy Zhang/ Shanghai Daily news

Shanghai, the biggest port on China's mainland, retained its status as the world's third-largest container terminal port this year, with its cargo turnover ranking No. 1 worldwide, according to a government press conference yesterday.
At present, the global top 20 shipping companies have opened routes in the city, with 30 international routes added this year and a monthly navigation frequency of 2,173. The routes have covered more than 300 ports in 200-plus countries and areas.
In the first 11 months of this year, Shanghai handled a total of 19.784 million TEUs (20-foot-equivalent units) of containers, an increase of 19.7 percent from a year earlier, with a record of 20 million TEUs expected by the end of the year.
Shanghai port has also played a significant role in the Yangtze River Delta region, with nearly 90 percent of the containers transported overseas coming from the region.