China's major ports recorded a 32 per cent rise in container traffic in the first half of 2001, said a Ministry of Communications report. Coastal port traffic rose 33 per cent to 14.94m teu, while river port throughput grew at a slightly slower rate. Shenzhen's container ports recorded a growth rate of 50 per cent to 3.22m teu, while Shanghai handled 3.84m teu, a rise of 31 per cent.
Shekou third phase on drawing board China Merchants Holdings (International) said that up to US$514m might be spent on building as many as five berths in the thirdphase construction at Shekou port in Shenzhen. The port operator, controlled by China's communications ministry, is conducting a feasibility study for the development, in which it aims to have a controlling stake. It owns a 32.5 per cent share in the first phase of construction at Shekou and a 51 per cent share in the second phase.