Shanghai Port container throughput exceeded 5 million TEU in January
In January 2025, the container throughput of Shanghai Port exceeded 5 million TEU, breaking the historical record and creating a new high monthly throughput. So, what is the current situation of the port terminals? Entering February, can the port maintain the hot situation in January?
A container ship is loaded at the Zhendong dock on the north side of Waigaoqiao in Pudong New Area of Shanghai, Feb. 14, 2019. At noon, the ship left port with more than 2,200 containers bound for Southeast Asia. The relevant person in charge told reporters that in January, affected by the demand for replenishment in Europe and the United States, the superimposed domestic factories concentrated shipments before the holiday, and the port container throughput reached a new high. At present, it is entering the traditional off-season, and the pier is relatively empty this month.
Zheng Jingwen, deputy director of the International Shipping Research Institute at the Shanghai International Shipping Research Center, said: "China's layout in emerging markets is more diversified, and the resilience of China's exports is relatively strong, and there is still some support in export growth."
A number of shipping companies sent price increases to consolidate index (European line) futures stronger
The main futures contract of the container index (European line) rose from a relative low of 1240.2 on January 16 to 2010.8 on February 17, an increase of 62.14%. Recently, a number of head shipping companies have also issued price hike letters, for example, Maersk's Shanghai to Rotterdam route, in late February 40-foot container container offer of $2,291, and March 6 reported price rose to $4,000.
Experts believe that the long contract negotiations are about to open, and the recent release of price hike letters by shipping companies is not surprising. However, whether the actual freight rate can meet the expectations of shipping companies in the future is still divided.
A container ship is loaded at the Zhendong dock on the north side of Waigaoqiao in Pudong New Area of Shanghai, Feb. 14, 2019. At noon, the ship left port with more than 2,200 containers bound for Southeast Asia. The relevant person in charge told reporters that in January, affected by the demand for replenishment in Europe and the United States, the superimposed domestic factories concentrated shipments before the holiday, and the port container throughput reached a new high. At present, it is entering the traditional off-season, and the pier is relatively empty this month.
Zheng Jingwen, deputy director of the International Shipping Research Institute at the Shanghai International Shipping Research Center, said: "China's layout in emerging markets is more diversified, and the resilience of China's exports is relatively strong, and there is still some support in export growth."
A number of shipping companies sent price increases to consolidate index (European line) futures stronger
The main futures contract of the container index (European line) rose from a relative low of 1240.2 on January 16 to 2010.8 on February 17, an increase of 62.14%. Recently, a number of head shipping companies have also issued price hike letters, for example, Maersk's Shanghai to Rotterdam route, in late February 40-foot container container offer of $2,291, and March 6 reported price rose to $4,000.
Experts believe that the long contract negotiations are about to open, and the recent release of price hike letters by shipping companies is not surprising. However, whether the actual freight rate can meet the expectations of shipping companies in the future is still divided.
