Sunday, March 1, 2015

Top 5 Transhipment Hubs

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Transshipment can be defined as the process of transferring containers from one cargo ship to another in order for containers to reach their final destination. This in turn provides more flexibility in terms of where a shipping container can be transported.
The following list outlines the top five transhipment hubs in the world:
As the world’s largest transhipment hub, the Port of Singapore handled a total of 32.63 million TEU in 2013, 85% of which was transhipped to another port of call, according to PSA International, a terminal operator for Singapore.
Being the top transhipment hub, Singapore is connected to 600 ports in 123 countries globally 
The Port of Shanghai handled 15.27 million TEU of transhipped cargo in 2013, according to Yangtze Business Service.
It is currently the largest port in the world, having handled a whopping 33.62 million TEU in 2013. 
The Port of Shenzhen handled 23.32m TEU in 2013, around half of which was transhipped to another port of call.
According to USA Today, Shenzhen is the second largest port city in the world and has become China’s wealthiest region. 
4.  Busan Port
Busan Port handled just under 9 million TEU of transhipment cargo in 2013, according to the Journal of Commerce.
Busan’s feeder network has enabled it to connect to ports in Russia, China and Japan and its transhipment incentives enable it to attract larger volumes of cargo, according to the Busan Port Authority. 
5.  Port of Hong Kong
In 2014, just under five million TEU of transhipped goods passed through the Port of Hong Kong, according to the Loadstar.
According to Gov.hk, the Port of Hong Kong has extensive facilities for repairing, maintaining and dry-docking all types of ships. Three floating dry docks are located off the west coast of Tsing Yi Island.

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