World’s largest container ports reports strong throughput increase in April 2017

Port of ShanghaiThe world’s largest container port of Shanghai handled 3.27 million TEU in April 2017, which is 4.9% more than the same period last year, according to the data published by the port operator – SIPG. In comparison with the previous month, the port’s turnover decreased by 4.6% and since the beginning of the year, the traffic through the port amounted to 12.66 million TEU, which is 8.6% more than an year ago. The period was marked by large congestion, as the the average waiting time increased in end of April significantly. Shanghai has been the world’s busiest port by container volumes since 2010. It processed 37.1 million boxes last year, up 1.6% from the previous year.

According to preliminary data of the port operator Singapore (MPA), the second largest port in the world, in last month increased volumes by 7.7% yoy, to 2.72 million TEU. The growth rate of port container turnover exceeded 5% yoy in seven of the nine months since Singapore became the regional hub for CMA CGM operations in Asia in August last year.

CMA CGM and PSA Singapore Terminals jointly operate the CPLT terminal in the port of Singapore since July 2016. The terminal’s initial capacity of 2 million TEU was doubled in March.