Chongqing port capacity to hit 5 million TEU in 3 years

News was prepared under the information support of Online Daily Newspaper on Hellenic and international Shipping "Hellenic Shipping News".

2 Jul 2009

Chongqing, at the far reaches of the Yangtze, plans to invest CNY24.5 billion (US$3.5 billion) on upgrading its port facility to build itself into a multi-functional shipping hub on the upper Yangtze River, reports Xinhua. In three years time, the port's annual cargo handling capacity will reach 5 million TEU, or 150 million tonnes. Sailing channels above grade 4 will cover a total mileage of about 1,034 kilometres. The city's shipping capacity will reach 5.5 million dead weight tonnes with a shipping network covering Sichuan, Guizhou, Yunnan, Western Shaanxi, eastern Tibet, southern Qinghai, southern Gansu and western Hubei.
As of the end of 2008, the port's capacity has reached 960,000 TEU or 112 million tonnes. Its sailing channel mileage has reached 4,337 kilometres.

Source: www.schednet.com