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Shanghai Port has overtaken Hong
Kong to become the world's second-largest
container port in the first quarter as the
number of containers handled rose 28.1 per cent
year on year during the period.
In the first three months of the year, Shanghai
Port handled 5.9 million TEUs (20-foot
equivalent units), according to the Shanghai
Port Administration Bureau.
During the same period, Hong Kong handled about
5.5 million TEUs, up 2.3 per cent from a year
earlier, while Singapore remained the world's
largest port, with TEUs handled rising 14 per
cent to 6.6 million.
The quarter marks the first time that Shanghai
Port has exceeded Hong Kong in terms of
container throughput
Shanghai Port has been the third biggest
container port worldwide after Singapore and
Hong Kong since the end of 2003. Its container
throughput capacity has kept a growth rate of
over 20 per cent in the past three years.
Last year, Shanghai Port reached a record
throughput capacity of 20 million TEUs, compared
with approximately 18.1 million TEUs in 2005.
Statistics show that Shenzhen Port reached a
throughput capacity of 4.5 million TEUs in the
first quarter, making it the fourth largest in
the world, following Hong Kong.
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