Port of Shanghai
Port of Shanghai is an important port in China as well as in the whole world. The port is located in Shanghai, on the mouth of the Yangtze River in east central China off the East Sea. It is the busiest port in the world, the gateway in Asia for foreign trade, China's largest comprehensive port and transport hub for Yangtze River region that handles or trans-ships goods from other 31 provinces within China. In 2012, its cargo throughput reached 502 million metric tons, and container throughput was 32.5 million TEU. As planned, its total cargo throughput will be about 1 billion tons and 37 million TEU containers by 2020.
Brief Port History:
The port of Shanghai became an official city in 1297. In the 19th Century, the Port of Shanghai's importance grew tremendously since it occupied a valuable strategic position for trade with the West. In 1842 the port opened for international trade and became a treaty port. In 1949, the Communist takeover in Shanghai, and foreign trade was cut dramatically. In 1991, with the economic reform permitted by the central government, the port enjoyed economic and building booms. In 2010, it overtook Singapore Port to become the world's busiest container port.
Port Govern Structure and Stakeholders
Shanghai international ports group (SIPG) is the sole authoritarian body that manages the public terminals in the port. Its largest shareholder is Shanghai Municipal Government (44.23%). In addition to container terminal operation, SIPG also has business in logistics services, non-container terminal operation and other port services areas.
SIPG operates 125 berths (82 berths can accommodate vessels of more than 10,000 DWT) with a total quay length of 20 km. It operates a 293,000 square meters of warehouses and over 4.7 million square meters of storage yards. It also owns 5143 units of cargo-handling equipment.
Shanghai port handles domestic and international cargo...
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