Chinese ports show potential ….. and Durban too

March 24, 2013 — Leave a comment
2012 World's Container Ports With Most Potential (Mercator)

2012 World’s Container Ports With Most Potential (Mercator)

According to the Shanghai International Shipping Institute’s (SISI) ‘Global Port Development Report 2012’, rapid growth in throughput has been pushing Chinese ports up the global ranking in terms of development potential.

The report also revealed that throughput in China’s ports was stable, with a growth rate of around 3% to 10%, affected by the worsening economic environment, growth in international shipping and a decrease in trade volume.

But, with global economic, trade and shipping centres moving eastward, some small and medium sized ports have recorded double digit growth (over 20% in some cases). As a result, Chinese ports, including Hong Kong, have taken up five positions among SISI’s Top 10 2012 World’s Most Potential Container Ports, nine positions among the Top 20 global container ports and 13 positions among the Top 20 global ports in terms of cargo throughput.

The report says that European ports are likely to see a return in stability, with a limited growth of less than 3%, while American and African ports may see some growth in throughput following the slow recovery of international trade volume and stronger cargo handling capacity.

Advertisements

No Comments

Be the first to start the conversation!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s