China and Kazakhstan to invest in Aktau port container hub

DP World and Zhejiang Seaport Group are partnering to boost shipping routes and logistics between Jebel Ali Port in and Ningbo-Zhoushan Port.

China is home to the largest number of smart ports and automated container terminals. With many more under development neither situation is expected to change in the short to medium term.

This year, Kazakhstan inked a MoU with the European Bank for Reconstruction and Development, securing an investment package of EUR 1.5 billion.

Last year, all the Chinese ports handled 16.97 Bt, having exceeded their 2022 volume by nearly 8%. Shanghai throughputs surged, Hong Kong saw a downfall.

“The management of the Red Sea crisis has alleviated concerns of sudden container price rises, providing a more predictable environment”

Valenciaport handled 784,095 containers in the first two months of the year, a growth of +9.97% compared to January-February 2023.