The cargo and container throughputs of Shanghai port are both listed the first place in the world. However, with the increasing needs on port from the economic development, the growing development of the neighboring ports, as well as the advent of 18 000 TEU super-large container ships and 400 000 t bulk carriers, Shanghai port’s own natural constraints become increasingly apparent, especially, the development of space is almost exhausted. In order to find the way of development of Shanghai port, some preliminary work has been done, and the consensus is more appropriate for building new deep-water terminals in Hengsha. This paper analyzes the difficulties which Shanghai port are facing, and conceives a development path based on the Hengsha east shoal in the future.