Tag: Shanghai

After an investigation that lasted two months, China’s NDRC informed that the ports of Shanghai, Qingdao, Tianjin and Ningbo Zhoushan must now reduce their container handling fees between 10 and 20 percent, from the beginning of 2018.

Shanghai Stock Exchange has sent a letter of inquiry to Shangai-based COSCO Shipping Holdings, demanding for more clarity on the acquisition of the Hong Kong-based Orient Overseas International Limited.

On June 12th 2017, the Cosco-managed Piraeus Port signed a Memorandum of Understanding with Shanghai International Port Group, the biggest commercial port of the world, exploring cooperation in project studies, staff training, information exchange, technical assistance, etc.

BIMCO launches office in Shanghai

Shanghai launches new shipping indices

BIMCO to open up in Shanghai

According to the latest statistics Port of Shanghai, the world's busiest cargo and container port, saw both its cargo and container throughput hit new high in the first half of this year, according to the latest statisticsreleased by the Shanghai Statistics Bureau.In the first six months,, the port's cargo throughput grew 10.3% year on year to 353.17 million metric tons, including 163.37 million metric tons of foreign trade cargo volume. The port's inward cargo volume climbed 8.3% year on year to 221.29 billion metric tons in the first half, and outward cargo volume rose 14% year on year to 131.88 million metric tons.The port's container throughput was 15.32 million twenty-foot equivalent units during the period, up 10.5% year on year. The figure included 7.47 million TEUs of inward container throughput and 7.85 million TEUs of outward container throughput, 9.8% and 11.2% more than in the corresponding period of last year, respectively.In 2010, the Port of Shanghai surpassed the Port of Singapore, becoming the busiest container port in the world. The port handled 29.07 million TEUs last year, 16.3% more than in 2009, and its cargo volume rose 10.4% year on year to 653 million metric tons.Source: China Knowledge

Risk controlcommon responsibility On July 20, China Oil Transportation Safety Forum 2011, themed "Risk control-common responsibility", was opened in Shanghai, attended by approximately 170 delegates from 58 government bodies, companies, organizations or academic institutions both at home and abroad.On the opening ceremony, Mr. Liu Gongchen, Safety Director of Ministry of Transport (MOT) of P.R. China, and Mr. Yin Hong, Deputy Secretary-General of Shanghai Municipal Government, delivered addresses in succession, speaking highly of the significance of the forum in promoting China's oil transportation safety, while Mr. Weng Yi, Assistant Director General of MOT Water Transport Bureau, Mr. Huang He, Deputy Director General of China MSA, Mr. Li Shaode, President of China Shipping (Group) Company, Mr. Li Kejun, CCS Chairman & President, and Mr. Yu Jiyou, General Manager of PetroChina International (East China) Co., Ltd. made keynote speeches.In his speech titled "Seizing the opportunity, facing the challenge and being the forerunner of green shipping", Mr. Li Kejun started by introducing the outcome of the recent IMO MEPC 62 meeting, and then vividly expounded the focus of the new round of maritime competition-"Green Shipping".He stated that in recent years, CCS has been actively advocating green shipbuilding and shipping, promoting the application of energy ...

This project will increase handling capacity of the deep-water port more than 40% Shanghai is about to start the fourth phase of the expansion of the Yangshan Port, a project that will add more than 40 per cent to the handling capacity of the deep-water port.The city government, awaiting a nod from the National Development and Reform Commission, plans to spend more than US$1.554 billion on the development of new deep-water berths, according to Wang Xuan, chief engineer with Shanghai Tongsheng Investment, in charge of building the Yangshan port, reported the South China Morning Post.The expanded project, expected to be completed in 2015, will have an annual capacity of four million TEUs.Shanghai, the world's busiest container port, handled 29 million TEUs last year. At Yangshan, which became operational at the end of 2005, the throughput last year topped 10 million TEUs, exceeding its designed capacity of 9.3 million based on its three completed phases."The timing of expansion is in compliance with the real business growth," Wang said."We were prepared for this new phase of construction." Yangshan Port is a megaproject endorsed by the central government to reinforce Shanghai's bid to become a global shipping centre. The Yangshan Islands are connected ...