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7 Dubai Throughput: 11,124,082teu


(-5.9%)


DP World saw a larger than expected volume contraction at its home port in 2009, handling 702,918teu fewer boxes than the previous year. The operator tells CS it is focussing on cost containment and driving efficiencies during the downturn. It has also introduced networking platforms for stakeholders to discuss logistics and trading opportunities. The 5m teu expansion at Jebel Ali terminal two was


completed in the first quarter of 2009 and it is now fully operational. The foundations for T3 are in place, but further work on the project will only progress when market demand dictates. DP World estimates that port throughput capacity


is now around 14m teu, following the opening of T2 and the installation of a large amount of new box handling equipment, including quad-lift STS gantry cranes last year. The operator recently inaugurated Gate 3 complex, a


new integrated gate and Customs inspection facility with space for 188 trucks. Work continues to power ahead on another UAE


project in which DP World has a stake, the development of a multipurpose port at Taweelah in Abu Dhabi. Progress had been delayed by technical issues but is now due to become operational in 2012. DP World has a joint venture with Abu Dhabi Terminals to develop and operate the new Khalifa port, the first phase of which will include a 2m teu box terminal and berths capable of handling 8m tonnes of general and bulk cargo a year.


8 Ningbo-Zhoushan Throughput: 10,502,800teu


(-4.5%)


The natural deep-water port in east China’s Zhejiang province is the closest rival to Shanghai geographically. Competition between the two ports will soon


extend to the stock market as Ningbo plans to raise at least Rmb13.25bn (US$1.96bn) in an initial public offering in Shanghai. Its application was approved by the China Securities Regulatory Commission in June 2010. The port plans to invest Rmb8.5bn of the IPO


proceeds in building three box terminals with a total annual capacity of 8m teu. It will also spend Rmb2.45bn to construct a coal terminal that can handled 13.3m tonnes a year. Like Shanghai, Ningbo hopes to issue shares in a


secondary listing on the Hong Kong Stock Exchange in the future. Ningbo port lifted 6.38m teu in the first half of 2010, up 38.6% from the same period a year ago.


August 2010


The rise was driven by the recovery of exports in Ningbo which surged 39.2% year-on-year in the first five month of the year. There were 225 liner services calls at Ningbo in


May this year, which was 23.3% higher than the same month last year. Domestic container throughput also rose 29% to 530,000teu in the first six months of this year.


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