The history of the Shanghai port dates back to 1842 when it was opened for international trade under the Treaty of Nanjing. It is also focusing on investments over smart and green ports, to have an environmentally friendly shipping process.Įvery year, almost 2,000 container ships depart from this port. The transhipments have increased by 142% from 2007 to 2016. These numbers are still increasing and thus making world records. In 2019, the port managed about 43.3 million twenty-foot equivalent units (TEU), that is the unit of cargo capacity. It provides about 280 shipping routes, thus strengthening the global connection. It is the largest port in China as one-fourth of import and export cargo traffic of the whole of China is done by the Port of Shanghai. The main supplies from the port are coal, petroleum, machinery, and metal-ore. The transportation of domestic as well as international cargo by land and water is also handled by the group. It is also responsible for the construction work related to the manufacturing and building of operating port facilities. The operation and management of the terminals of the port are done by the Shanghai international port group (SIPG). It has a deep seaport and river port as well. Hence, it is one of the four large port megacities in the world. It is a heavy traffic port and situated in a city with a high urban population. The port of Shanghai is economically an important transport hub as it is a getaway for foreign trade. The East China Sea is located to the eastern side of the port and Hangzhou Bay is to the south of the port. Shanghai port is located in the eastern part of China. It overtook the Port of Singapore to become the world’s busiest container port in 2010. The Port of Shanghai is the busiest and the largest container port in the world. It is a global center for finance, technology, transportation, etc. It is the most populous city in China in terms of urban area. I would like to upgrade and want to get the Port Congestion subscription.Shanghai is China’s most prominent financial hub.The carrier service reports generated by the platform could help you identify the most reliable service providers.Predictive updates on delays and ETAs based on on-ground developments and data analytics can better equip the logistics team with actionable insights.With live updates on the exact location and movement of shipments via advanced track and trace technology, companies will be able to address possible bottlenecks and optimize shipment planning.With the help of proprietary machine learning algorithms, GoComet’s Port Delay smart tool calculates delays at major ports across the globe and automatically notifies the company of the uncertainties affecting their shipments. Keeping stakeholders informed about the changes in arrival timings, delays in transshipment, etc., became increasingly difficult due to a lack of reliable information on port delays and inefficiencies in tracking updates. Adding to this, a lack of visibility over space availability and changes in lead times complicate shipment planning. As vessels queue outside ports and turnaround times increase, it could be a real challenge to secure cargo space. Prolonged port delays can disrupt production cycles, thus causing an impact on the delivery schedules.
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