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Shanghai's new empty container centre to boost shipping capability

07 Sep '22
2 min read
Pic: Shutterstock/ thirawatana phaisalratana
Pic: Shutterstock/ thirawatana phaisalratana

China's Shanghai port’s empty container transportation centre, which recently began operations, is anticipated to increase domestic and foreign trade, enhance the port’s handling capacity, and reinforce the city’s position as an international shipping hub. The centre boasts of an annual throughput of 3 million twenty-foot equivalent units (TEUs).

The centre is situated in the Yangshan Special Comprehensive Bonded Zone and was built by the Shanghai International Port Group (SIPG) in collaboration with the shipping lines of Maersk, CMA CGM, MSC, and Evergreen. The construction of the facility began in August 2021 and continued for more than a year. Built to resolve seasonal container deficits due to trade imbalances, the centre covers 450,000 square meters, processes 3 million TEUs per year, and has around 12,000 TEUs container slots.

“As the world's largest container port, the Shanghai port is speeding up the construction of a global shipping network together with ports around the Yangtze River Delta region. The centre will further raise the resource allocation efficiency of the Shanghai port and contribute to the port's global competitiveness and international influence,” deputy director of Lin-gang Special Area Administration Zhao Yihuai was quoted as saying by Chinese media reports.

Ranked as the world’s biggest container port for 12 years in a row, the Shanghai port’s container throughput volume had crossed 47 million TEUs in 2021. The port’s quantity of imported empty containers increased by 8.7 per cent year-on-year during the January-August period.

ALCHEMPro News Desk (NB)

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