Top 10: Ports
Written By John Shimkus
10. Rotterdam, Netherlands
2010 TEU: 11.100
Growth 2009-2010: 14%
Serving as the largest port in Europe, the Port of Rotterdam in the Netherlands covers an area of 105 square kilometers. It has been in existence since the 14th century and was the world’s busiest from 1962 through 2004, until large Chinese ports overtook the rank.
9. Dubai, United Arab Emirates
2010 TEU: 11.600
Growth 2009-2010: 4%
Owned and operated by DP World, one of the largest maritime terminal operators in the world, with over 49 terminals in 31 countries. Dubai has several ports, but the two major ones include the man-made Port Rashid, and Jebel Ali Port, the world’s largest man-made harbor and the biggest port in the Middle East.
8. Qingdao, China
2010 TEU: 12.012
Growth 2009-2010: 17%
Known in particular as the largest inbound port for iron ore, the Port of Qingdao was established in 1892, and is China’s largest crude oil port. Situated on the Yellow Sea, the port boasts ideal conditions, such as deep and wide waterways, and is free from ice and silt year-round.
7. Guangzhou, China
2010 TEU: 12.550
Growth 2009-2010: 12%
Operated by state-owned Guangzhou Port Group Co. Ltd, the port is South China’s largest. Dating back to the Qin Dynasty, the port was considered the “Silk Road of the Sea,” and is now considered the economic and transportation center for the Pearl River Delta region.
6. Ningbo, China
2010 TEU: 13.144
Growth 2009-2010: 25%
Located at the center of the North-South China shipping route and serving the Yangtze River. Established in 738 during the Tang Dynasty, it was established as one of five treaty ports following the Opium War. However, increased shipping activity has led to excessively polluted water in Ningbo.
5. Busan, South Korea
2010 TEU: 14.180
Growth 2009-2010: 19%
The Port of Busan Serves as the largest port in Northeast Asia. It has incorporated new technologies, such as the U-Port system and streamlined screening, to maintain competitive edge. The port is deep enough to accommodate more than 10,000 TEU container vessels. It is also in active exchange with 500 ports in 100 countries.
4. Shenzhen, China
2010 TEU: 22.510
Growth 2009-2010: 23%
One of the busiest and fastest growing ports in mainland China, the Port of Shenzhen serves as the point of trade between Hong Kong and the mainland. Over 30 billion Yuan has been invested in the port since 1979 to construct the complex infrastructure. On a monthly basis, over 560 ships call at the port.
3. Hong Kong, China
2010 TEU: 23.530
Growth 2009-2010: 12%
Deep waters and natural shelter make the Port of Hong Kong ideal for containerized shipping. The port is vital, handling 89 percent of Hong Kong’s total cargo throughput. The port was ceded by the United Kingdom in 1898 after the Opium War, but has been returned to China as of 1997.
2010 TEU: 28.400
Growth 2009-2010: 10%
Established in 1996, the Port of Singapore has since become a global hub port and international maritime center. The Maritime and Port Authority of Singapore is the driving force behind port operations and is responsible for regulating port activities. On average, the Port of Singapore attracts 140,000 vessel calls annually. Two to three ships arrive or leave Singapore every minute.
1. Shanghai, China
2010 TEU: 29.069
Growth 2009-2010: 16%
The Port of Shanghai comprises both a deep-sea port as well as a river port, serving the Yangtze, Huangpu, and Qiantang rivers. According to the Shanghai International Port Group (SIPG), which operates all public terminals at the port, annual import and export trade through Shanghai accounts for a quarter of China’s total foreign trade.
Shanghai expanded as a port city following its designation as an international treaty port in 1842. However, the communist takeover in 1949 cut overseas trade dramatically, and port activity decreased. In 1991, China’s central government permitted economic reform in Shanghai, and port activity has flourished since.
Over 2,000 container ships depart the port every month. Features include: 125 berths with a total quay length of about 20 kilometers; 293 thousand square meters of warehouses; over 4.7 million square meters of storage yards; and 5,143 units of cargo-handling equipment.
Top 10 air freight carriers
10. Cargolux Group
The Luxembourgish freight carrier Cargolux Group (comprised of Cargolux Airlines and Cargolux Italia, established in 2008) remained in the number 10 spot, with a total reported FTK (Freight Tonne Kilometer) equaling 7.45 bn, which represents a 7.7% expansion year-over-year. The carrier group currently operates a fleet of 30 aircraft (26 through Cargolux Airlines and an addition four through Cargolux Italia), primarily variants of the Boeing 747.
9. Korean Air
Headquartered in Seoul, Korean Air provides cargo and passenger services to over 100 destinations in 44 countries. The carrier fell from eighth place in the previous year’s rankings, with a total FTK of 7.66 bn, representing a 7.1% decrease year-over-year. Korean Air reported a net revenue of $10.7bn in 2017, also reporting a return to profitability for the first time in five years, according to Forbes.
8. Air France-KLM
The Air France-KLM freight carrier group was founded in 1947. The group is comprised of Air France, KLM, and Martinair, and is based in Paris, France. Falling from seventh place in the Freight 50 rankings, the carrier reported a total FTK of 8.13 bn, which represents a 9.2% decrease in traffic year-over-year. The group reported a net revenue of $29.08bn at the end of 2017 and is ranked #28 on Forbes Magazine’s list of Best Employers.
7. Qatar Airways
Qatar Airways, the nationally owned airline of the Kingdom of Qatar is based in Doha, and ascended two places in the Freight 50 rankings, with a total FTK of 9.22 bn, representing a 19.6% increase in comparison to the previous financial year. The carrier’s Cargo division recently launched facilities at its hub in Doha to provide a “Seamless Cool Chain”, comprised of a “2,470 square metres Climate Control Centre situated at the airside… equipped with segregated temperature-controlled sections for storing pharmaceuticals and perishables.” This end-to-end supply chain control is expected to further improve Qatar’s standing as a leader of Middle Eastern air freight.
6. Lufthansa Group
Based in Cologne, Germany, the Lufthansa Group (comprised of Lufthansa, Swiss, Austrian, and Brussels Airlines) fell from the fourth position in the Freight 50, with a combined FTK of 9.46 bn. While this represents a 1.6% increase in traffic, year-over-year, the carrier was forced down the list by drastic growth from other German freight company, DHL. According to Forbes, Lufthansa’s revenue and net profits ($41.5 bn and $2.78 bn, respectively) in 2017 are both the highest reported by the company over a ten-year period.
5. Cathay Group
The Cathay Group (composed of Cathay Pacific Airlines and Dragonair) is headquartered in Hong Kong and its Cargo division accounts for 21% of the airline’s total revenue. The company’s first dedicated cargo flight between Hong Kong, Frankfurt, and London, was established in 1981, according to the official site. Now, Cathay Pacific’s Cargo Division services over 47 destinations worldwide. The carrier fell from the fourth position on the Freight 50 ranking, as its total FTK fell by 3.6%, to 10.21 bn. According to Forbes, Cathay Pacific experienced a second year of unprofitability, although the airline’s asset portfolio reached a record high in 2017, with a net value of $24.1bn.
4. DHL Express Group
Operating as the largest European carrier group, DHL Express Group (composed of DHL Air, DHL International, Air Hong Kong, Polar Air Cargo, ABX Air, Southern Air, Aerologic, and EAT Leipzig) rose two positions in the Freight 50 rankings. The carrier reported a total FTK of 10.56 bn, which represents an increase of 15.1% year-over-year. In 2018, at the Farnborough Air Show, DHL Express announced the purchase of 14 Boeing 777s, part of a new strategy to modernise its fleet.
3. UPS Airlines
Headquartered in Atlanta, Georgia, UPS Airlines is part of United Parcel Service, Inc. Founded in 1908, UPS is the oldest company in the Top Ten, and retained third place in the Freight 50 rankings, with a total FTK of 11.26 bn. This represents a 3.9% increase year-over-year. The Company as a whole reported a net revenue of $67.7 bn, according to Forbes, representing a continuation of a ten-year trend of continuous growth. Forbes also ranks UPS among the world’s top 100 most-innovative companies, and the world’s top 50 most-valuable brands.
2. Emirates Skycargo
The state-owned air freight carrier for the UAE, Emirates Skycargo remains in second place on the Freight 50, with a total FTK of 12.27 bn, representing a 0.4% decrease year-over-year. The carrier’s central hub in Dubai allows its 259-strong fleet to reach over 1.5 bn consumers in under eight hours. Current purchasing plans are underway for Emirates Skycargo to almost double its fleet size. According to Albawaba, “In response to increasing demand from its customers, Emirates SkyCargo introduced a range of air transport solutions specific to industry verticals including Emirates Pharma, Emirates Wheels and Emirates Fresh.” Emirates Wheels has transported close to 150 cars per month since the program’s inception.
1. FedEx Express
Founded in 1998, FedEx Express is both the youngest and largest air freight carrier worldwide, with a total FTK of 15.71 bn. Haulage decreased by 0.9% year-over-year, while revenue increased to $60.5 bn in 2016, and again to $63.8 bn in 2017, continuing an eight-year growth trend. FedEx employs 395,000 members of staff, with FedEx Express operating across twelve transport hubs globally. The carrier purchased an additional 24 Boeing 777 variants in 2018, maintaining their company’s position as the largest airline in terms of cargo haulage.