Shanghai International Port Group’s profits jumped 44 per cent year-on-year to Rmb5.4bn in 2010 as sea transport picked up with the recovery of global trade, Shanghai Daily reported. Operational income rose 14.6 per cent to Rmb18.97bn, the company said in a statement to the Shanghai Stock Exchange.

The port operator handled 29.07m TEU in 2010, a 16.3 per cent increase from a year earlier, and dry bulk good throughput was up 17.3 per cent to 428m tons.

SIPG is the largest investor in ports on the Yangtze River.