Shanghai Port has now been officially the Biggest port in the World as it overtook Singapore in World Port Ranking.
Shanghai port overtook the Port of Singapore to become the world's busiest container port. Shanghai's port handled 29.05 million TEUs, whereas Singapore's was a half million TEU's behind.
In 2013, Shanghai port set a historic record by handling over 33.6 million TEUs.
This comes as Africa's Port of Mombasa dropped from position 117 to 120 in world container ports ranking this year. The port experienced a drop in cargo volumes handled last year by 9,500 20-feet containers (TEUs) - having handled 894,000 TEUs compared to 903,000 TEUs handled in 2012. The downturn is attributed to political jitters last year, as there was an extended election period that created uncertainty among traders doing business through the facility.
China's Port of Shanghai maintained its grip as the top port, followed by Port of Singapore. Seven of the top 10 container ports are from China.
Port analysts say there is a like hood that Mombasa Port could transact more volumes this year. Container traffic registered a growth rate of 11.5 per cent, reaching 463,807 TEUs compared to 415,948 TEUs registered during the same period last year. The growth is above the global average rate of eight per cent per year.
Shanghai port overtook the Port of Singapore to become the world's busiest container port. Shanghai's port handled 29.05 million TEUs, whereas Singapore's was a half million TEU's behind.
In 2013, Shanghai port set a historic record by handling over 33.6 million TEUs.
Port analysts say there
is a like hood that Mombasa Port could transact more volumes this year.
Container traffic registered a growth rate of 11.5 per cent, reaching
463,807 TEUs compared to 415,948 TEUs registered during the same period
last year. The growth is above the global average rate of eight per
cent per year.
Read more at: http://www.standardmedia.co.ke/business/article/2000133463/mombasa-port-drops-to-position-120-in-global-ranking
Read more at: http://www.standardmedia.co.ke/business/article/2000133463/mombasa-port-drops-to-position-120-in-global-ranking
Port analysts say there is a like hood that Mombasa Port could transact more volumes this year. Container traffic registered a growth rate of 11.5 per cent, reaching 463,807 TEUs compared to 415,948 TEUs registered during the same period last year. The growth is above the global average rate of eight per cent per year.
China's Port of Shangai
maintained its grip as the top port, followed by Port of Singapore.
Seven of the top 10 container ports are from China.
Read more at: http://www.standardmedia.co.ke/business/article/2000133463/mombasa-port-drops-to-position-120-in-global-ranking
Read more at: http://www.standardmedia.co.ke/business/article/2000133463/mombasa-port-drops-to-position-120-in-global-ranking
