shanghai-port

TEUs Skyrocket at China’s Ports

Shanghai Port has surpassed its annual handling capacity of 40 million TEUs, says Shanghai International Port Group (SIPG).  In 1978, the port had a handling capacity of 7.951 TEU. China’s official press agency, Xinhau, reports that Ningbo-Zhoushan Port has exceeded 10 million TEUs, up 16% year on year, due to China’s Belt and road Initiative. [+]