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Shanghai International Port (Group) Co

Updated: Mar 15, 2019 Print


The headquarters of Shanghai International Port Group (SIPG) in Pudong New Area, Shanghai [Photo/IC]

Shanghai International Port (Group) Co, or SIPG, is the largest joint-stock port operator in China by equity throughput. The group also owns Shanghai SIPG Football Club (SIPG FC), whose former top striker Wu Lei is now playing for the Spanish La Liga club Espanyol.

SIPG operates all the public container and bulk terminals in the port of Shanghai, specializing in container and bulk cargo handling, port logistics, and port services, with extended businesses covering pilotage, towing, tallying, feeder service, warehousing, freight forwarding, container truck drayage, and international cruises. SIPG was listed on the Shanghai Stock Exchange on Oct 26, 2006. 

The group has expanded its business into emerging sectors, such as real estate and port finance. Through a series of structure adjustments and asset integration, SIPG is now committed to four major industrial segments, namely port handling, port service, port logistics, and port commerce, featuring diversified businesses with real estate, finance, and the international cruise industry. 

In 2016, Shanghai Port alone recorded a throughput volume of 514 million tons and a container volume of 37.13 million, up 1.6 percent compared with the previous year and leading the world for the seventh consecutive year. As of the end of 2016, the group's assets totaled 116.79 billion yuan ($17.39 billion), with a net profit of about 6.94 billion yuan.

Add: 1 Tonghui Road, Pudong New Area, Shanghai


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