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.
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