Sipg responded to “Severe congestion at Shanghai Port” : false, normal operation 24 hours a day


On the evening of April 2, Shanghai Port Group (SIPG) responded to the news about severe congestion at the Shanghai Port on its wechat official account “SiPG Home”.In response to reports that the number of ships waiting for loading and unloading at The Port of Shanghai has soared to more than 300, SIPG made it clear that the above false remarks and the attached pictures have caused unnecessary concern to customers and industry members, adding that “SIPG is taking strict measures to prevent the epidemic, production and operation at the port are as usual, and container ships have not been congested.””According to siPG’s internal data monitoring, the current operation of Shanghai Port is stable and orderly, and the berthing efficiency of Shanghai Port is significantly better than the overall level of 2021.Since March 28, the average waiting time for container ships at The Port of Shanghai is less than 24 hours, and the average waiting time for ships is less than 10 times.”In response, SIPG stressed that at present, all production units in Hong Kong are operating normally 24 hours a day, except for the impact of extremely bad weather.Sipg further stated that due to the impact of the epidemic, some domestic and foreign trade enterprises encountered new difficulties and emergencies when arranging goods to enter and exit ports. Sipg immediately launched emergency plans to overcome numerous pressures and difficulties to ensure the stability and smooth flow of supply chains and logistics chains.Shanghai is one of the international shipping centers.According to the Xinhua Baltic Sea International Shipping Center Development Index 2021 report, Shanghai ranked third in terms of overall strength of global shipping center cities in 2021, just behind Singapore and London.On July 8, 2021, The Shanghai Municipal government officially issued the “14th Five-year Plan” for the Construction of Shanghai International Shipping Center, pointing out that by 2025, Shanghai International Shipping Center will be built into a world-class international shipping center.According to the official website, SIPG group is the operator of Shanghai port public terminals. It was listed on the Shanghai Stock Exchange on October 26, 2006, becoming the first port joint-stock enterprise to be listed as a whole in China.The main business of SIPG is divided into four parts: container terminal business, bulk cargo terminal business, port logistics business and port service business.In 2020, the container throughput of Shanghai Port (the company’s home port) was 43.503 million TEU, ranking first in the world for 11 consecutive years.As of December 31, 2020, the total assets of the company are 155.925 billion yuan, and the net profit of the company is 8.307 billion yuan. The total market value of A-shares is 105.904 billion yuan.During the reporting period, the company’s social contribution per share was RMB0.8497.(Zhongxin Jingwei APP) Editor/Tian Ye

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