The construction boom of container terminals in world ports is resurging

According to statistics from the Ministry of Transport, from January to June, ports above designated size in China completed an international standard container throughput of 52.5349 million TEUs, an increase of 24.1% compared to the same period last year. According to a forecasting agency, it is expected that the container throughput of Chinese ports will increase by 17% in 2007, exceeding 100 million TEUs, and reach 115 million TEUs in 2008. By 2011, the throughput capacity gap of major ports in the world will reach 85.2 million containers, of which China will account for 37 million containers. The forecast report refers to the insufficient future throughput capacity of container ports as a 'crisis'. How to resolve the crisis?

Governments and businesses are taking action to compete globally.

Liverpool Port will invest $180 million to build a new container terminal; The Thai government plans to invest $84 million to build a deep-water container terminal along its southwest coast; The new container freight terminal at the Port of Ghana, costing 15.5 million US dollars, has been completed and put into use; Tangier Mediterranean New Port will be put into use by the end of this year; Singapore International Ports Group has bid with multiple companies to construct and operate the deep-water port of Bozonikara in West Java; Dafei and Japan Post will activate the container terminal in Duisburg, Germany; The joint venture company ICTSI, which has a background in investment with Huang, will take over the Yantai Port Container Terminal and invest $180 million to build the new Port of Buena Ventura in western Colombia.

Shanggang Group is becoming a true international terminal operator and is expected to complete the acquisition of a portion of the equity in the Belgian port of Zeebrugge within this year.