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Old July 8th, 2010, 09:13 PM   #281
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Lianyungang could become the 11th Chinese port to enter the "world's top 20 port list" by the end of this year. The port made an IPO in 2007.

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Lianyungang port's throughput hit record high in May

East China's Lianyungang port registered a 22 per cent growth in throughput to 11.8 million tonnes in May, hitting a monthly record high, reports Xinhua.

The port's throughput of foreign trade cargo increased 17.6 per cent to 6.63 million tonnes in May. In the first five months, the port's total throughput grew 18.7 per cent to 55.89 million tonnes. The growth was boosted by main cargo source like iron ore, non-ferrous metal minerals, dry cassava, coal and plywood.
http://www.hktdc.com/info/vp/a/tl/en...gh-in-May-.htm
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Old July 8th, 2010, 09:15 PM   #282
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Shanghai is going to surpass 600 million tons by the end of this year.

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Shanghai expected to exceed 25.5 million TEU annual target

Port of Shanghai recorded a container throughput of 11.4 million TEU from January to May, up 18 per cent year on year, slightly surpassing the volume recorded in the same period in 2008 before downturn.

The port's throughput is expected to be able to exceed the earlier prediction of 25.5 million TEU by the end of this year, Xinhua reported.

Shanghai's throughput has carried a strong growth during this year thanks to the rapid increase in trade. During the first four months, Shanghai handled 208 million tonnes of cargo, up 21 per cent year on year. The port can do better than expected if it continues this growth throughout the year.
http://www.hktdc.com/info/mi/a/spgz/...ual-Target.htm
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Old July 9th, 2010, 04:02 PM   #283
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TWO MONTHS OF BENDING OF CONTAINER VOLUMES BETWEEN EUROPE AND ASIA
July 2010


In April and May 2010 the container volume between Europe and Asia have declined, respectively, 1, 1% and 6.3% compared to the same month last year. The balance of the first six months remains positive, with an increase in shipments from Europe to Asia by 7%.

Source: Chamber of Labour of Pozzallo
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Old July 19th, 2010, 12:27 AM   #284
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Manzhouli, China’s Gateway to Russia and Eastern Europe

By Chris Devonshire-Ellis

May 26 – Manzhouli is not a port that readily springs to mind when discussing China’s imports and exports, but it is the gateway through which an astonishing 60 percent of all of China’s trade to and from Russia and the rest of Eastern Europe pass. It is by far China’s largest inland port of entry, and borders Russia and Mongolia, earning it a unique status as a tri-country region.

Manzhouli borders the Russian city of Zabaykalsk with a free trade zone that allows residents from both sides to cross visa free. The area also includes an economic processing zone, while the local government has adopted a series of policies to boost border trade since the city was designated as an international port of entry in 1992. Manzhouli’s trade has shifted from waste steel, chemical fertilizers, fruit, vegetables and garments to timber, petroleum and technology. The growing industries in the city are repackaging, warehousing, goods consolidation, and distribution. The port is also home to over 200 import and export companies.
China Briefing readers are invited to participate in a UNDP sponsored event and investment workshop in Manzhouli on the 14th-15th of June. Organized through the offices of the Greater Tumen Initiative, the UNDP body responsible for China, Russia, Mongolia and Korea, an introduction to the investment environment of the border area (China, Russia and Mongolia) will be made by the local governments and a match-making session between attendees and local companies will be provided. A technical and tourism related tour will also be part of the agenda. The event will be of particular interest to businesses involved in, or wishing to learn about, opportunities in export processing between China, Russia and Mongolia, and getting access to markets in Eastern Europe from China.


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Old July 21st, 2010, 09:49 PM   #285
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China overtakes South Korea to become world's top shipbuilder

Source: Global Times [19:00 July 19 2010] Comments

In the first half of the year, China overtook South Korea to become the world's largest shipbuilder in terms of three major industry indicators, including new orders, order backlogs and delivery. That's according to a report released Sunday by Clarkson Research Services Ltd., a London-based market research firm.
This is the first time since 2003 – the year it overtook Japan - that South Korea fails to secure the highest rank.
According to the data, Korean shipbuilders' deliveries in the first half of this year amounted to 7.48 million gross tons (CGTs), and Chinese shipbuilders' deliveries reached 8.01 million CGTs.
Also, in the first half of this year Korean shipbuilders received new orders of 4.62 million CGTs, making up 38 percent of the global market share, while China's new orders amounted to 5.02 million CGTs, or 41.2 percent market share.
In terms of order backlogs, China stood at 53 million CGTs, exceeding South Korea's 49 million CGTs.
Last year, China overtook South Korea in terms of new orders and order backlogs, and South Korea has now lost its leading role in terms of delivery.
The report said that in 2009, when the global shipbuilding industry stagnated due to the financial crisis, China's shipbuilding industry made advances due to government support. And this year, the orders from China's shipping firms have consolidated the shipbuilding industry's top position.
"The Chinese government has said that its shipbuilding industry would overtake that of South Korea by 2015. They have now done so five years ahead of schedule," a South Korean industry analyst said. The analyst added that China could also take over the top spot at the end of the year.

http://business.globaltimes.cn/indus...07/553517.html
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Old September 21st, 2010, 03:07 PM   #286
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TIANJIN PORT EYES BIG EXPANSIONS
14 September 2010
China Daily

TIANJIN - Tianjin Port's total cargo throughput is expected to reach 400 million tons - including 10 million containers - this year, up from 380 million tons in 2009, said Yu Rumin, chairman of Tianjin Port (Group) Co Ltd.

The port is also considering an investment of 13.2 billion yuan ($1.95 billion) in the construction of new ports and other infrastructure projects, he said at the Summer Davos Forum in Tianjin on Monday.

Tianjin Port, located in Tianjin's Binhai New Area, is the third-largest port in China, and the world's fifth-largest.

According to Yu, the State Council has a blueprint to make Tianjin Binhai New Area an international shipping center and logistics center.

"The port should be built into one like Rotterdam or Antwerp, with a port hinterland, a large stock of goods for transportation, plenty of ships passing through it and a great many shipping enterprises registered there," he said.

"Tianjin Port's total cargo throughput exceeded 230 million tons, including more than 5.6 million containers, from January to July this year," said Yu.

"We are confident of achieving this year's target (400 million tons of total cargo throughput, including 10 million containers) so long as the overall economic situation does not worsen too much in the remainder of this year."

Tianjin Port is a major hub for international trade in northern China and a gateway to the sea for many Chinese businesses.

Tianjin Port officially started to offer homeport services for international cruise liners on June 26 this year.

Diversified business

Besides its port business, Tianjin Port will also develop logistics, real estate in port areas, and the financial industry.

"Tianjin Port will provide better services for cargo owners and shipping companies through developing international logistics. We will construct a logistics network which could cover all the hinterlands, and, to that effect, we have built 16 dry ports," Yu said.

"In addition, our real estate projects are different from those of other companies. They will focus on providing support for port-related industries such as logistics and manufacturing."

Tianjin Port attaches great importance to the financial industry, Yu said. Tianjin Port has its own fund management company, and it will invest in financing, tenancy and trust-related businesses.

"Tianjin Port is the city's biggest comparative advantage and has core resources. Tianjin government is committed to accelerating its infrastructure construction and expanding its functions," Yu said.

The port was listed on the Shanghai Stock Exchange in 1996. The share price of Tianjin Port gained 0.91 percent to 8.9 yuan as of the 11:30 am break on Monday.
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Old September 21st, 2010, 09:07 PM   #287
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Tianjin has probably the world's largest land reclamation projects, with several artificial peninsulas covering a combined area larger than either Manhattan and HK island. And I'm not including the monster manmade peninsulas of Caofeidian and Huanghua ports, that are also very close to Tianjin.
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Old September 21st, 2010, 10:13 PM   #288
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Shanghai and Shenzhen Ports See Double Digit Growth in Container Throughput

source: China Briefing

SHANGHAI, Sept. 10 – Container throughput in the ports of Shanghai and Shenzhen rose by double digit growth to record highs in August.

Shanghai’s total container throughput totaled 2.64 million twenty-foot equivalent units, an increase of 20.7 percent year-on-year according to the Shanghai International Port Group. Shenzhen Port container traffic reached 2.24 million TEUs, an increase of 29.5 percent the Shenzhen Port Administration reported.
Shanghai overtook Singapore to become the busiest container port in the world in April, and Shenzhen displaced Hong Kong as the world’s third busiest in July.

Shanghai Port recorded a cargo throughput of 35.73 million metric tons in August, up 14.68 percent year-on-year, while Shenzhen’s cargo traffic climbed 19.9 percent to 20.29 million metric tons.
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Old September 21st, 2010, 10:19 PM   #289
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The data are only for the first eight months of 2010, so it is not sure for the whole year. Nonetheless it is still a great news for Shanghai port.
-----

Shanghai takes Singapore's busiest port tag
source: Lloyd's List DCN
Sep 16th, 2010

Singapore’s loss of the title of “busiest port in the world” to Shanghai is not a concern, said the city state’s port and maritime authority.

In the first eight months of the year, Shanghai handled 19.06mteu compared with Singapore’s 19.01, a difference of around 50,000 teu.

Singapore’s figures represented a 13% increase over the same period last year, while Shanghai grew 19.1% year on year.

Singapore led the way until April, when Shanghai eclipsed its Asian rival on a monthly basis on the back of a strong recovery in Chinese exports.

However in a written response to questions, a spokesman for the Maritime and Port Authority of Singapore played down the significance of the latest data. The MPA said the two ports are different in nature.

“Singapore is mainly a transhipment hub, with more than 80% of our container throughput being transhipment cargo.

"As a key gateway for China’s imports and exports, the Shanghai port handles mainly import/export cargo,” the spokesman said.

The authority added given the strong economic growth in China and its emergence as the world’s second-largest economy, Shanghai’s success was “not surprising” and said the change in the relative position in terms of container throughput between Singapore and Shanghai was “not unexpected”.

“The MPA is more concerned with whether the Port of Singapore continues to grow and continues to provide quality and competitive service,” the spokesman said, adding in this aspect Singapore had done well this year.

As a major transhipment hub, Singapore also benefited from China’s growth, he said.

“The MPA is not concerned with the change in relative position," he added.
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Old October 19th, 2010, 05:22 PM   #290
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China's Dalian Port gets nod for $556 mln mainland IPO

SHANGHAI, Oct 19 (Reuters) - China's securities regulator has approved Dalian Port's planned $556 million initial public offering on the mainland, the China Securities Regulatory Commission said on its website.

Dalian Port, north China's largest port operator, plans to issue up to 1.2 billion shares in the IPO.

As part of the listing plan, Dalian Port will acquire the port business and assets of its major shareholder PDA Corp by issuing 1.2 billion shares to the latter in a share placement.

The listing of the yuan-denominated A shares and the planned acquisition will mark the listing of the entire Dalian Port group.

Citic Securities is the underwriter for the planned offering.
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Old November 12th, 2010, 04:38 PM   #291
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Chinese ports struggle with huge overcapacity -exec

GUANGZHOU, China, Nov 10 (Reuters) - Chinese ports are struggling with overcapacity as global demand has failed to keep pace with years of rapid facilities expansion, said the vice president of China Merchants Holdings .

China has six of the 10 biggest ports in the world and another 14 with capacity of at least 100 million tonnes, reflecting the government's vast investment in infrastructure to facilitate growth in trade.

China's port capacity is estimated to be as much as 40 percent more than current demand, said Su Xingang, who is also the chief economist of China Merchants Holdings, at an industry conference.

"The large scale port construction in recent years and market demand slump last year are seeing an actual overcapacity and a large scale of idle facilities among small and middle-sized ports," he said.

Even if no new ports were built in China, it could take more than three years for demand to catch up with capacity at the "well-operated" ports and as much as five years for others, Xingang said.

"With the readjustment of the economic structure and the change of development mode, China's economy will slow down and the main incentive will be internal demand instead of exports in driving the economy," he added.

China's economic growth is expected to slow next year to around 9.6 percent from 10.5 percent this year, according to the IMF.
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Old December 30th, 2010, 12:09 AM   #292
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XIAMEN +24%

In the first eleven months, the container traffic at the port of Xiamen, China in the seventh, recorded annual growth of 24%
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Old January 10th, 2011, 05:10 AM   #293
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Shanghai says becomes world's busiest container port

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SHANGHAI | Sat Jan 8, 2011 12:41am EST



SHANGHAI Jan 8 (Reuters) - Shanghai overtook Singapore as the world's busiest container port in 2010, helped by continuing growth in Chinese trade and the business generated by the World Expo it hosted last year, the city government said.

Shanghai's port handled 29.05 million twenty-foot equivalent units (TEUs) in 2010, the municipal government said in a statement on its website, citing a work meeting on turning Shanghai into a global shipping centre.

That compared with the 28.4 million TEUs handled by the Port of Singapore in 2010, which was up 9.9 percent from 2009, according to the Maritime and Port Authority of Singapore.

Shanghai's cargo throughput rose to around 650 million tonnes in 2010, maintaining its top global spot, according to the statement.

China's State Council, or cabinet, has set an aim of making Shanghai a leading shipping centre by 2020 -- the same year by which the government hopes the city will become a global financial centre.

Shanghai will continue with a pilot project for export tax rebates, potentially expanding it, and is looking into developing shipping-price derivatives and an index on shipping prices, the city government said.

Shanghai's port is operated by Shanghai International Port (Group) Co .
(Reporting by Jason Subler, editing by Andrew Marshall)
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Old January 10th, 2011, 09:46 AM   #294
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Ah well, its a long time coming. I guess Singapore just could not hold on to the title long enough as we don't have enough land to expand our port and the growing demand for Chinese products means a lot of containers go through their port.
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Old January 11th, 2011, 02:05 PM   #295
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Shanghai Int Port posts 44 pct jump in 2010 net

SHANGHAI, Jan 11 (Reuters) - Shanghai International Port , China's largest port group, on Tuesday posted a 43.6 percent rise in its 2010 full-year net profit, thanks to an increase in cargo throughput.

Net profit for the year rose to 5.4 billion yuan ($813.7 million), compared with 3.76 billion a year ago, Shanghai International Port said in a statement to the Shanghai Stock Exchange.

Total revenues rose 14.6 percent to 18.97 billion yuan, while its earnings per share rose to 0.257 yuan from 0.179 yuan.

The group's cargo throughput reached 428 million tonnes in 2010, up from 365 million tonnes the previous year. ($1=6.636 Yuan)
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Old January 12th, 2011, 07:00 AM   #296
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Shanghai had actually lost its top spot as world's busiest seaport by cargo tonnage to Ningbo-zhoushan from year 2009. Shanghai's 650 million number was the combined total of its seaport and riverport, while Ningbo-zhoushan posted 630 million tonnes from its seaport alone in 2010. However, as of container throughput, Ningbo-zhoushan is only about half that of Shanghai's. At about 13 million TEU's for 2010, it may end up 6th in the world's busiest container ports.
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Originally Posted by big-dog View Post
Shanghai says becomes world's busiest container port

(Reporting by Jason Subler, editing by Andrew Marshall)
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Old March 5th, 2011, 07:32 PM   #297
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Tianjin Port Group, Cnooc In Talks On LNG Terminal - Report
4 March 2011

SHANGHAI (Dow Jones)--Tianjin Port Group Co. Chairman Yu Rumin said the port operator is in talks with China National Offshore Oil Corp, the country's third-largest oil company by capacity, to build a liquefied natural gas terminal at Tianjin port to ease a gas shortage in northern China, the China Daily reported Friday.

The project will include an LNG dock and receiving station that can handle 3 million tons of LNG imported from the Middle East, Yu said in an interview with the newspaper. He said the project would mainly boost LNG supplies to Tianjin and Beijing.

Tianjin Port is also in talks with several large domestic companies that have an overseas presence to build up or operate ports overseas, the paper cited Yu as saying, without providing further details.

Tianjin Port Group is the parent of Shanghai-listed Tianjin Port Holdings Co. (600717.SH). Tianjin Port is China's third-biggest port by cargo throughput.

China National Offshore Oil Corp. is the parent of CNOOC Ltd. (CEO), which is listed in New York and Hong Kong.


Newspaper website: http://www.chinadaily.com.cn
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Old March 8th, 2011, 11:28 AM   #298
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Maersk, Dubai to invest in $4.6 bln Qingdao Port expansion

BEIJING, March 7 (Reuters) - Denmark's A.P. Moeller-Maersk <MAERSKb.CO> and other foreign investors will invest in Qingdao Port Group's $4.6 billion expansion scheme in the next five years, a senior Chinese executive said on Monday.

Qingdao Port is joining Shanghai International Port (Group) Co (SIPG) and other Chinese peers in an expansion spree to keep up with China's ever growing foreign trade.

It plans to invest 30 billion yuan ($4.6 billion) by 2015, increasing its container volume by two-thirds to 20 million twenty-foot equivalent units (TEU) and nearly doubling its bulk cargo capacity to 600 million tonnes.

"We have several overseas investors in our container terminal already. They will participate in the next phase of the project," Chang Dechuan told Reuters in an interview on the sidelines of China's National People's Congress.

SIPG, however, took a different approach in its multi-billion dollar expansion of the Yangshan deepwater port, which could have as many as 50 container berths eventually, according to local government plans.

Yangshan Port, nearly Shanghai, has several overseas investors in its second phase, including A.P. Moeller-Maersk's APM Terminals and a Hutchison Whampoa subsidiary.

But foreign investors were kept at bay in the following phases as the government, flush with cash, was unwilling to share the ever-growing pie, industry observers say.

Qingdao Port now holds 29 percent of its multiparty container terminal venture, Qingdao Qianwan, Chang said. The rest of the shares are spread "fairly evenly" among Moeller-Maersk, Dubai's DP World , China COSCO among others.

The next phase of the project will be funded by Qingdao Port and its partners initially. But the port operator is also seeking to go public to help bankroll its expansion, Chang said.

China's IPO market, one of the world's biggest in recent years, is likely to remain active in 2011 if the government speeds up its move to allow foreign companies to sell shares on its stock markets, bankers say.

Dalian Port in the northeast raised $856 million late last year in its share sales in mainland China.

"We had hoped to go public in 2008, but the process takes much longer than expected. We are still working on it," Chang said, but declined to give a new listing target.

On top of the container business, Qingdao, one of the oldest ports in China, also handles varies commodities such as coal, crude oil, iron ore and grain.

Its bulk cargo throughput came to 350 million tonnes in 2010, up 11 percent from a year earlier, with its container volume up 17 percent at 12 million TEUs, company data showed.

($1 = 6.567 yuan)
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Old March 9th, 2011, 11:22 PM   #299
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Can one visit Yangshan port as a tourist? Are there tours to there or something like that??
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Old March 10th, 2011, 07:55 PM   #300
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Quote:
Originally Posted by foxmulder View Post
Can one visit Yangshan port as a tourist? Are there tours to there or something like that??
I think you can drive over the bridge, but I don't know
if they have tours. There is also a town there so I think
the island is open for all.
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