Empties take their toll
A new container yard for empties has opened in the Port of Shanghai. It is intended to help the Shanghai International Port Group (SIGP) tackle the flow of empty containers.
Located in the Yangshan Special Comprehensive Bonded Zone, the yard is expected to handle a throughput of up to three million teu per year. According to the port, the opening of the yard means that more empty containers will be allocated to the Yangtze River Delta region and surrounding coastal ports via water routes, highways, and railways.
Construction works for the yard began in August 2021, which was jointly developed with Maersk, CMA CGM, MSC and Evergreen. Despite disruptions caused by Covid-19, the Shanghai port witnessed a surge container throughput growth from January to August, with a traffic of 26.8 million teu in H1/2022. (sh)