China holds a tenth of Europe’s box capacity

The purchasers are Chinese state-owned enterprises (SOEs), led by Chinese shipping giant COSCO Photo:  bert knottenbeld/flickr/CC BY-SA 2.0 The purchasers are Chinese state-owned enterprises (SOEs), led by Chinese shipping giant COSCO Photo: bert knottenbeld/flickr/CC BY-SA 2.0
Industry Database

China now controls one-tenth of European container terminal capacity – a figure that is up more than 9% from the start of the decade.

That’s according to statistics from the Organisation for Economic Co-operation and Development’s International Transport Forum (ITF), which revealed that Chinese container terminals in Europe now constitute about 10% of European volume and exist in 13 European ports.

The purchasers are Chinese state-owned enterprises (SOEs), led by Chinese shipping giant COSCO.

However, the ITF’s data also showed that while Chinese SOEs have been able to purchase majority shares in ports across Europe, no European terminal operators have a majority stake in Chinese ports.

Through the One Belt One Road development, the biggest increase in Chinese SOE acquisitions of European container terminals occurred last year.

LATEST PRESS RELEASES

ShibataFenderTeam continues involvement in Surinam

Since 2012 ShibataFenderTeam fenders support the smooth berthing operations from VABI in Surinam. Read more

Enhanced Hazcheck Restrictions Portal Launched, 1 May 2018

Exis Technologies, with the support of leading shipping and freight insurers, TT Club and UK P&I Clu... Read more

Successful participation and presentation at exhibition in Beira, Mozambique

The exhibition series ‘Intermodal Africa’ organized by Transport Events is always a good possibility... Read more

Protectors of Esbjerg's new East Port quay

The German based Headquarters of ShibataFenderTeam recently completed an order for the Port of Esbje... Read more

Aquaplot joins Technology Transfer Programme of European Space Agency

Start-up for ocean route planning enters ESA’s Business Incubation Centre (BIC) Read more

AMRO Increases Scope To Cover The GCC Region

AMRO, a specialist marine equipment and services provider, is proud to announce that they will now c... Read more

View all