China Daily
11 Mar 2008
Wang Zhenghua
Shanghai could overtake Singapore as the world's largest container port, with its throughput expected to grow 15 percent this year.
Chen Shuyuan, president of Shanghai International Port Group Co (SIPG), operator of China's busiest container port, said throughput will exceed 30 million TEUs in 2008, boosted by Yangshan port's third-phase expansion.
With container volume of 26.15 million TEUs last year on the back of over 20 percent growth, Shanghai surpassed Hong Kong for the first time in 2007 to become the world's second largest container port, behind Singapore.
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