News
The city of Shanghai, China recently announced that containerized shipments processed at the local port and moved by rail locally both increased year on year in 2015, although demand for transport was weak due to the slowdown in the nation’s economy.
The Port of Shanghai handled a total of 33.468 million TEUs in the first eleven months of 2015, which grew 3.3% from a year earlier. On a full-year scale, container throughput is estimated to have increased approximately 3% to 36.5 million TEUs, enabling the port to defend its title as the world’s busiest container port.
Meanwhile, the overall volume of containers carried by rail last year is anticipated to have totaled 640,000 TEUs, which would rose some 17% from the previous year, according to a report compiled by the Shanghai Railway Bureau. Underlying factors included the opening of a new domestic railway route for transporting containers and an increase in the number of international railway container services to and from Europe, the bureau said.
