logistics - Shipping lines scrambling for Shanghai berths

Berth space in Shanghai cannot keep up with the demand from shipping lines, writes leading shipping magazine Lloyd's List this week. Container terminals push through cargo 30 percent in excess of their capacity, while the construction of the new port only has started.
Last year transport through the Shanghai port increased 32 percent, to 11.4 million TEU, pushing it close to the top-ranking of the Pearl delta. The first of the 52 newly planned berth are expected to be operational by the end of 2005. The first phase has a capacity of 2.2 million TEU.
The Shanghai Port Authority has up to now ignored foreign developers, who have been lining up to participate in this prestigious project. They still have hope to get a piece of the action as the second phase materializes.