If you want to see where the developed world stands in today's global economy, then take a look at the Top 20 ports list for 2011. There's one in the top 10 that doesn't belong to an Asian country. Rounding out the top 10 is, Rotterdam, the second largest city in the Netherlands and the largest port in Europe. Antwerp, Hamburg, L.A. and Long Beach are the only other non-Asian ports in the top 20.
String of Pearls, More and More Attractive
The Chinese Academy of Sciences recent research report says that container throughput in the Asian region is being fueled by strong Economic growth from China, India, and others in the region, including the Middle East.
Huang Anqiang, a senior member of a specialized economics team working for the centre said that China will likely prevail again in the year-end standing of top container ports. His team expects 10 of China's container ports, including Hong Kong and Kaohsiung, to be in the world top 20 league this year, one more than in 2010.
"The transfer of the world manufacturing centre and slow economic growth in advanced economies will push down their ports down the ranking of top 20 global ports," Huang said.
Most ports in the top 10 list will not be from advanced economies in 2011. This is in huge difference compared to the year 2000 when nine out of the top 10 were from developed countries, Huang said.
Apart from China, ports in Southeast Asia and the Middle East are picking up speed thanks to faster-growing regional economies and their locations on trunk shipping lines.
Singapore, which was displaced by Shanghai from the top position by a small margin last year, has continued its slow growth since the latter half of 2010. However, its ideal location, free port policy and increasing trade with Southeast Asian nations may shore up its volumes in the rest of 2011. The city state's container volume for 2011 could exceed 29 million TEUs again but it will fall slightly short of the top mark expected to be achieved by Shanghai.
Malaysia's Port Klang is turning its attention to container trade related to China and India, two of the world's strongest growing economies. The strategy has paid off and it expects to report 8.8 to 10.7 percent container throughput growth for 2011. The Port of Tanjung Pelepas has tapped its potential for domestic as well as international trade to maintain a higher growth of at least 13.7 percent, which could place it 17th in the global rankings.
Top 20 container ports in 2011 (forecast)
Ranking, Port, Country
- Shanghai, China
- Singapore, Singapore
- Hong Kong, Hong Kong
- Shenzhen, China
- Busan, China
- Ningbo-Zhoushan, China
- Qingdao, China
- Guangzhou, China
- Dubai, Dubai
- Rotterdam, Netherlands
- Tianjin, China
- Kaohsiung, Taiwan
- Port Klang, Malaysia
- Antwerp, Belgium
- Hamburg, Germany
- Los Angeles, U.S.A.
- Tanjung Pelepas, Malaysia
- Long Beach, U.S.A.
- Xiamen, China
- Dalian, China
For comparison purposes, in the year 2000 Shanghai was number 6, Shenzhen was 11, Ningbo was 65, Qingdao was 24, Tianjin was 32. Shanghai and Shenzhen made respectfully good jumps up the list but Ningbo, Qingdao, and Tianjin come from the stratosphere smashing onto the chart this year. You can see more of the comparisons at
RITA (Research and Innovation Technology Administration)
More Reasons
With 9 of the top 10 ports in Asia, you've got 9 very good reasons to look into direct investments in the container industry. Pacific Tycoon has the experience, knowledge and expertise to manage containers and pay you very well as you lease them to the very companies that supply the region with material goods needed for the ongoing expansion.
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