China’s Shanghai port has retained the number one spot as the world’s busiest container port after recording a 2015 throughput of 36.54 million TEU, according to figures released by Shanghai International Port (Group) Co (SIPG).
Last year’s box volumes of 36.54 million TEU represented a 3.5% improvement from the 2014 throughput of 35.29 million TEU.
While the port of Singapore, Shanghai’s closest rival, has yet to published its 2015 throughput, the Southeast Asian port posted volumes of 28.41million TEU in the first 11 months of last year, making it impossible to beat Shanghai as it would need a December throughput of 8.14 million TEU.
In December 2015, Shanghai moved 3.07 million TEU, an increase of 5.9% compared to 2.9 million TEU handled in the same period of the previous year.
Meanwhile, port operator SIPG reported a net profit of RMB6.5bn ($988.7million) in 2015, a decline of 4% compared to the gain of RMB6.77bn ($950million) in 2014.
Revenue for last year, however, rose by 2.5% year-on-year to RMB29.5bn.
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