Shanghai Port Sets New World Record: 50 Million TEUs in 2024

Shanghai Port has done it again! On December 22, the port achieved an incredible milestone by handling over 50 million TEUs (twenty-foot equivalent units) in 2024. This remarkable feat not only sets a new world record but also secures Shanghai's position as the world's busiest container port for the 15th consecutive year.

From Humble Beginnings to World Leader
Shanghai Port's journey to the top has been nothing short of inspiring. Back in 1978, the port began container operations with just 79,000 TEUs annually. Fast forward to 1994, it surpassed the 1-million mark. By 2003, the port hit 10 million TEUs and continued to double in the following years, reaching 20 million TEUs in 2006. Now, with 50 million TEUs under its belt, Shanghai Port continues to set benchmarks for global shipping.

A Global Hub for Trade
With over 350 international container routes connecting 200+ countries and regions, Shanghai has solidified its status as a global logistics hub. The port's state-of-the-art facilities and seamless operations have made it an essential link in the global supply chain.

Leading the Green Revolution
Shanghai Port isn't just breaking records- it's also leading the way in green innovation. The port currently operates 125 LNG-powered ships, significantly reducing emissions. In 2024, its LNG refueling volume hit 450,000 cubic meters, accounting for 40% of the domestic market.

Impact on the steel market:

Shanghai Port's success is a testament to its efficiency, innovation, and commitment to sustainability. As it continues to push boundaries, the port is setting the standard for the future of global shipping.

• Expanding the international market: Accelerate the layout of the global sales network and establish connections with buyers in more countries and regions.
• Supply chain optimization: Through efficient logistics, steel can be quickly delivered to global customers to improve market response speed.
• One-stop service: Provide overall solutions from steel raw materials to finished product delivery to improve customer satisfaction. 

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