china consolidates shipping status
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

China consolidates shipping status

Arab Today, arab today

Arab Today, arab today China consolidates shipping status

Beijing - QNA

China has strengthened its leading position in the shipping industry, with freight transport capacity and loading volumes steadily rising, official figures showed Friday. A report on the shipping industry released by the Ministry of Transport said freight turnover handled at China's ports exceeded 10 billion tonnes last year, an increase of 12.4 percent year on year, topping the global tally. Shipping container turnover reached 164 million TEU (twenty-foot equivalent unit), up 11.4 percent from a year ago. The number of berths for production at domestic ports increased 334 from a year earlier to 31,968, the report said. Shipping fleets have also expanded. China had 179,200 transportation ships as of the end of last year, an increase of 0.5 percent year on year, the report said.

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