The ranking of the world's top 100 container ports in 2023 is out!
Recently, the American Journal of Transportation (AJOT) announced the ranking of the world's top 100 container ports in 2023, in which Asian ports occupy a prominent position in the top 100 list, with a total of 35 Asian ports on the list, with China leading the way with a total of 20 ports and 11 ports in the top 25, namely:
Shanghai Port (1st), Ningbo Zhoushan Port (3rd), Shenzhen Port (4th), Qingdao Port (5th), Guangzhou Port (6th), Tianjin Port (8th), Hong Kong Port (10th), Xiamen Port (13th), Kaohsiung Port (18th), Taicang Port (21st), Beibuwan Port (22nd), Rizhao Port (30th), Lianyungang Port (31st), Yingkou Port (35th), Dalian Port (36th), Fuzhou Port (36th) and Fuzhou Port (37th). 36), Fuzhou Port (52nd), Yangpu Port (85th), Taichung Port (89th), Taipei Port (90th), and Keelung Port (92nd).
Compared with the "Global TOP 100 Container Ports Ranking 2022" launched by AJOT, except for Hong Kong Port and Keelung Port which slipped in the rankings, all the other ports rose in the rankings or stayed in their original positions. It is worth noting that, according to the port circle (ID: gangkouquan) statistics, Yantai port completed container throughput of 4.63 million TEU in 2023, should be ranked 41st on the list; however, due to the differences in AJOT's statistical method and statistical caliber, some ports in other countries, such as: Haiphong port in Vietnam, as well as the port of Dongguan, including the port of Jinzhou, Tangshan port, Yantai port, Jiaxing port, Quanzhou port, Haikou port and other Chinese ports, including some ports are not counted in the list, in addition, Gemme Schweppes port is also due to the statistical caliber of the problem, throughput soared 95%, among the top 20 list.
In Asia, in 2023, Shanghai port container throughput exceeded 49 million TEU (TEU) mark, the world's first for the fourteenth consecutive year, 10 million TEU ahead of the Port of Singapore. Not long ago, Shanghai Port Luojing Port Container Terminal Renovation Phase I Project through the completion of acceptance, the Shanghai Port container throughput capacity will be a step to enhance, in order to retain the throne of the world's first, the Shanghai Port is still expanding its infrastructure.
With 39.013 million TEUs of throughput to take second place in the Port of Singapore, in 2023 is also fruitful, container throughput hit a record high, the arrival of ships for the first time exceeded 3 billion gross tons, the second phase of reclamation works have been completed 70%, the third phase of the planning work is carried out smoothly. So far this year, the Port of Singapore has shown steady growth, with weekly container throughput increasing from 770,000 TEU to 820,000 TEU. its mega port, Tuas Port, now has eight berths in operation, and is expected to add three more berths later this year, which will provide a solid foundation for the Port of Singapore's further growth. Neighboring Port Klang has also benefited from the trade boom in the Straits of Malacca, surpassing the 14 million TEU mark for the first time.
Vietnam's container port throughput has grown significantly as manufacturing shifts from China to the Southeast Asian region.In 2023, Vietnam is expected to have handled around 25 million TEU of containers through its three main ports of Hai Phong, Gai Mae-Shwe and Ho Chi Minh City ports. In addition, the Vietnam Maritime Administration (VMA) plans to increase the annual handling capacity of the seaport system to 38 to 47 million TEU by 2030.
As for Middle East ports, Jebel Ali Port overtook Hong Kong Port to jump to the ninth position on the list with a throughput of 14.47 million TEUs. Affected by the Red Sea crisis, the port has also become an alternative for some shipping companies seeking to avoid the Red Sea and Houthi interference. In addition, governments in the Middle East, led by the Kingdom of Saudi Arabia ( KSA) and the United Arab Emirates (UAE), are expanding their logistics capabilities, aiming to make the region a key logistics hub for international trade, and to achieve this goal, Saudi Arabia has invested more than $106.6 billion in the logistics sector.2023, the Saudi Ports Authority (SPA) invested about In 2023, the Saudi Ports Authority (SPA) invested about $4.5 billion in the maritime, logistics and ports sector, an investment that will be used to build new logistics parks equipped with the latest technology, which has further boosted the growth of the port business. in 2023, Saudi Arabia's Jeddah Port handled about 6 million TEUs, the King Abdullah and Dammam ports handled 3.06 million and 2.3 million TEUs respectively, and Abu Dhabi's Khalifa Port reached 4.91 million TEUs.
In recent years, as the main position to undertake industrial transfer, India's exports to Europe and the United States rose, while driving the port throughput rose, of which, the rapid growth of the port of Mundra, handling 7.23 million TEU containers, an increase of 11.19% year-on-year, the port of Nehru handled containers of about 6.43 million TEU, an increase of 6.28% year-on-year.
The situation of European ports is not optimistic. Influenced by the Red Sea crisis, the Russia-Ukraine conflict and the economic dispute with China, the throughput of European ports declined significantly. The Port of Rotterdam, as the largest port in Europe, ranked 12th in the top 100 list, completing a container throughput of 13.44 million TEU in 2023, lower than the 14.45 million in 2022; the Port of Antwerp-Bruges ranked 14th in the list, with a decline in container throughput from 13.5 million TEU in 2022 to 12.53 million TEU in 2023; and the Port of Hamburg's throughput also had a similar decline, from 8.33 million TEU to 7.7 million TEU, and other European ports such as the ports of Valencia, Algeciras, Bremerhaven, Barcelona, and Piraeus have also seen declines in throughput.
In European ports all over the green, located in the northern Mediterranean Tangier Mediterranean port is an exception. Tangier Mediterranean port container throughput rose from 7.6 million TEU to 8.62 million TEU, among the world's top 20 container ports, click (Who are the world's fastest-growing container ports?). See Tangier Mediterranean Port's comeback. The excellent geographical location, favorable business environment and well-established industrial clusters have laid the foundation for the rapid growth of Tangier Mediterranean Port.
Ports in the Americas have also been hit hard by supply chain disruptions. Under the influence of the Red Sea crisis, the Twin Rivers crisis, and the US-China trade war, US port throughput slumped significantly in 2023, but unlike this year, there are clear signs of recovery. The Port of Los Angeles and the Port of Long Beach, for example, ranked 19th on the list and handled 8.63 million TEUs in 2023, down from 9.91 million in 2022. However, in the first quarter of 2024, its throughput was up over 19% year-over-year from 2023. The neighboring Port of Long Beach, ranked 22nd, handled 9.13 million TEUs in 2022 and just 8.02 million TEUs in 2023, but its container throughput in the first quarter of 2024 was up 16.4% year-over-year. The Port of New York-New Jersey and the Port of Savannah are experiencing the same changes.
According to the Descartes report, while throughput at many U.S. ports has declined compared to 2022, the industry overall has not fallen into a recession as expected. Total containerized imports through U.S. ports actually increased by 4.4 percent compared to 2019, the year before the outbreak. The report also highlights growth in imports of specific commodities, such as solar modules, suggesting that the green energy transition is accelerating as the price of solar modules declines and that current government measures to accelerate green energy investments are paying off.
In 2023, industries are fully entering the post epidemic era, global supply chain and industrial chain activities are gradually recovering from the disruption of the epidemic, and the shipping industry is returning to its original cycle, but this year, the sudden surge in freight rates has once again stirred up the global shipping market. Under the impact of many black swan events, the global supply chain has become exceptionally fragile. For ports, how to adapt to the ever-changing global trade environment and build a more complete and resilient shipping service chain may be much more important than beautiful throughput data.