The first terminal to open in Guangzhou’s deepwater port development, Nasha Container Terminal, saw 31 percent growth, to 435,000 TEUs in May. For the year NCT has handled more than 2 million TEUs.
Meanwhile, the newer terminal, Guangzhou Oceangate Container Terminal, has seen its volume rise 538 percent to 205,000 TEUs in May. GOCT has handled 878,000 TEUs so far this year, growth of 916 percent over the first five months of 2007. Together, the two terminals have handled close to 3 million TEUs through five months of 2008.
Nansha is the only deepwater terminal on the west side of the Pearl River Delta. The east side sees steep competition between the various terminal complexes that comprise the Port of Shenzhen. Economic pressure on factories in east PRD is intensifying that pressure, as the government of Guangdong Province has induced manufacturing plants to move to areas of the province that are less developed, such as the west PRD.
The Guangzhou Port Group, which has a stake in both Nansha terminals as well as more than a dozen river terminals upstream on the Pearl River, has seen its throughput rise 39 percent to 3.9 million TEUs this year through May.
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The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now