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5 Great Container Ports in China

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5 Great Container Ports in China
Sea port, via pixabay

5 Great Container Ports in China - Chinese ports play an important role in the global economy and the flow of goods around the world. Although the world is currently facing socioeconomic impacts, ports in China are still a parameter of the global economy.

Beijing, for example, has 7 of the 10 busiest ports in the world and has very close economic ties with three ports in other countries namely Singapore, Busan, and Hong Kong.

In 2001 there were only one of the Chinese ports that were included in the five busiest ports in the world. Ports in the top 10 are scrambling for places with major European and North American ports. The current dominance of the port sector is undoubtedly in the 21st century.

Currently, Chinese ports are an integral part of the country's Belt and Road Initiative (BRI). BRI is a global development strategy adopted by the Chinese government involving infrastructure development and investment in nearly 70 countries and international organizations in Asia, Europe, and Africa. Bri was formerly known as one belt one road (OBOR).

The Chinese government calls BRI an attempt to improve regional connectivity but some observers see it as a boost to China's dominance in global affairs with a China-based trade network targeted to be completed by 2049 to coincide with the 100th anniversary of the People's Republic of China.

China is disbursing 1 trillion U.S. dollars for a project to redesign global trade. But in the past three years, China has faced some challenges, including a trade war with the US and an outbreak of the Covid-19 pandemic, both of which are considered to be threats that cut off highly reliable shipping lanes.

Here are the top five ports in China by container flow (TEUs):

1. Shanghai Port

Shanghai Port is the busiest port in the world with about 42 million TEUs passing through it each year. Its container flow is at least six million TEU larger than its nearest competitor, Singapore, and has been at the top since 2005.

In August 2019, Shanghai Port was named 'the best connection port in the world' by UNCTAD, a degree measured by volume and technological innovation.

Shanghai Port is operated by Shanghai International Port Group (SIPG), the largest terminal operator in mainland China. In 2018 SIPG broke TEU volume records for 13 consecutive years.

2. Shenzen Port

Shenzen Port is the second busiest port in China and third in the world with a container flow of 27.7 million TEUs. This is the collective name given to several ports located along 260 kilometers of the coastline of Guangdong province.

Some of the largest Tingkok terminal operators are there, including China Merchant Ports and Yantian International Container Terminal. Its traffic has increased steadily in the past four years, up from 24 million TEU in 2014.

3. Ningbo-Zhoushan Port

Ningbo-Zhoushan Port is the third busiest port in China and the fourth in the world, with a volume of 26.3 million TEUs per year. Since 2014 there has been an increase in container flows of nearly five million TEUs, thanks in large part to an increase in the number of routes now as a result of BRI. It is also the busiest port by tonnage and the first to carry 1 billion tons in 2017.

As a key component of BRI, the port is critical to China's broader economic plan. In May 2019 it signed an agreement with German terminal operator HHLA to improve trade relations and technology collaboration.

4. Guangzhou Port

Guangzhou Port is the fourth busiest container port in China and the fifth in the world, with an annual container flow of 21.8 million TEUs.

In 2018, Guangzhou City was named one of the fastest-growing trading centers in the world by Alphaliner, which confirmed its status as one of china's economic engines.

Guangzhou Port is one of many major Asian ports working with The Port of Rotterdam to connect Europe and the Far East.

5. Qingdao Port

Qingdao Port is the fifth busiest port in China and the eighth in the world, with an annual container flow of 18.2 million TEUs. Separate from other Chinese ports occupied by South Korea's Busan port, and Hong Kong.

Although the container flow is not as much as other ports in China, Qingdao Port still plays an important role in China's overall maritime strategy.

Qingdao Port owns 9.9% of Vado Gateway Terminal in Italy, which provides a foothold to the European market.

source : https://indomaritim.id/

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