Last month's container throughput clears one-million mark
The Shenzhen Municipal Port Bureau yesterday upgraded its annual volume forecast for the third time this year after discovering last month's throughput had eclipsed the one-million container mark for the third consecutive month.
Strong holiday-season demand from consumers in Europe and the United States saw 1.03 million boxes cross the docks in Shenzhen, bringing the 10-month total to 8.69 million, or almost 40 per cent more than last year.
'Given that the volume for the first 10 months has already reached 8.69 million teu [20ft equivalent units], and that we expect more than a million boxes a month for this month and next, we think we definitely will handle more than 10 million teu this year,' said bureau director of port and shipping administration Zhou Tianlin.
The bureau upgraded its forecast to 9.5 million teu in August.
The four major ports which make up Shenzhen - Yantian, Chiwan, Shekou and CM Ports - are experiencing better than comparative growth of 25 per cent this year, intercepting cargo which in past years transited Hong Kong.
