Shanghai Port, World’s Busiest, Grapples with Traffic Congestion

SHANGHAI, April 21 (Reuters) - The world's busiest container port, Yangshan in China's business hub of Shanghai, is battling severe congestion wrought by dense fog, higher-than-usual volumes and the aftermath of a shake-up in shipping alliances, ocean carriers and port officials say. More than 100 container vessels are now waiting outside the port, where the average waiting … [Read more...]

Shanghai Port Struggles in Quest to Become Global Shipping Leader

By Bloomberg News (Bloomberg) -- Five years after it passed Singapore to become the world’s largest container port by throughput, Shanghai is finding it a struggle to become a leader in shipping services too. China’s financial capital still lags behind Singapore, London, Hong Kong, Rotterdam and Hamburg for overall port conditions and maritime services, according to an … [Read more...]