The container turnover at Port of Shanghai grew by 1.6% yoy in 2016, amounting to 37.13 million TEU. With the annual throughput report, the port remains the world’s largest by handled containers. After the recession in the first months of the year, the Port of Shanghai gradually increased the volume in the second half. For the first half of 2016 the port turnover decreased by 0.8% and amounted to 21.16 million TEU. However, during four of the six months of the second half of the year, the container throughput exceeded the 2015 figures by 5% or more.
In December, Shanghai Port handled 3,000,000 TEU – the same as in December 2015. For comparison the second largest container port, Singapore, increased container turnover in December 2016 by almost 10% to 2.76 million TEU. The accelerating growth in transhipment volumes in the second half allowed the port to handled 30.9 million TEU for the whole year and almost reach the level of last year, despite the strong decline in traffic in the first months of the year.
The Port of Shanghai faces the East China Sea to the east, and Hangzhou Bay to the south. It includes the confluences of the Yangtze River, Huangpu River (which enters the Yangtze River), and Qiantang River. It is located in the vicinity of Shanghai, comprises a deep-sea port and a river port.