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

New Fourth Generation (4G) Performance Pack Upgrade for Existing Echoscope® Users

The new Echoscope® 4G Performance Pack Upgrade presents an opportunity for our existing customers to... Read more

Coda Octopus Products Selected to Collaborate on One of Five Premier Scottish-Japanese "Joint Ocean Innovation" Strategic Subsea Projects

The Nippon Foundation and Scottish Enterprise R&D Program provides funding of up to $32 million over... Read more

ShibataFenderTeam Agent Network is growing

ShibataFenderTeam permanently sustains and develops its agent network. Read more

Mannion Marine Limited Launched

Martin Mannion, former AECOM head of ports EMIA region, has launched Mannion Marine Limited, offerin... Read more

Propulsion and Future Fuels Conference 2018

On August 29, 2018 the Shibata Industrial Management Board celebrated the inauguration of the Group’... Read more

Ci5 is coming to Marseille-Fos!

15 days to go… From 16 October, the port communities of Marseille-Fos and Lyon in the port hinterlan... Read more

View all