Industry insiders are optimistically predicting that Shenzhen will replace Hong Kong as the world’s third largest port by the end of 2013.
In 2012, Shenzhen Port and Hong Kong Port’s annual totals were very close—22.94 million TEUs for Shenzhen and 23.09 TEUs for Hong Kong. However, Hong Kong’s total trade volume fell by about 5.3 percent while Shenzhen’s grew by 1.64 percent.
According to the newest statistics on the Shenzhen Transportation Commission’s website, during January and February of this year, the Shenzhen Port has seen a container throughput of 3,532,500 TEUs (twenty-foot equivalent units), representing a 5.92 percent increase over last year. During the same period, the Hong Kong Port’s container throughput was 3,481,000 TEUs—51,500 behind the Shenzhen Port.
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Keywords: Shenzhen Port replace Hong Kong Port
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