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Qingdao port's news

China's Qingdao Port Oil 2nd phase completes construction

PostTime:2009-08-05 08:42:25 View:578

Shanghai Securities News reported that Qingdao Port Oil 2nd Phase new added pipeline project has finished construction and started the operation ceremony of liquefaction wharf at Qingdao in Shandong province.The project, with the investment of CNY 11.3 million meaning two new added DN700 fuel oil pipelines started the construction on February 28th this year. To the new added liquefaction wharf project invested by CNY 24.2 million with the whole length of 6,000 meters was planned to complete the construction in four months.

Port of Qingdao container throughput up 2 percent in first half of year

PostTime:2009-07-16 08:51:29 View:581

EASTERN China's port of Qingdao handled 5.09 million TEU during the early half of year, up two per cent compared to the same period last year.The port's cumulative throughput in the same period climbed five per cent to 158 million tonnes, Xinhua reported.According to Chang Dechuan, president of Qingdao Port Group, the company achieved an increase of two per cent in its revenue and five per cent in its profit in the first half.

Qingdao's cargo volume becomes second largest in China

PostTime:2008-02-18 07:37:01 View:871

QINGDAO customs handled 282 million tons of foreign trade cargo last year, which was the second largest volume among all cities in China, Logistics Week reported.Customs collected CNY60.1 billion (US$8.4 billion) in duties, which was the fourth largest in China.The report said the growth in trade cargo volume was a result of Qingdao customs efforts in cooperating with hinterland city customs to offer one-stop clearance services to facilitate trade, which has won more transshipments from inland areas.The Qingdao customs has been cooperating with 10 hinterland customs on one-stop clearance service. Last year, transshipments from hinterland regions in surrounding Shandong province came to 110 million tons and amounted to 39 per cent of total provincial trade volume.

Qingdao hits 9.4 million TEU in 2007, port rises from 10th to 7th place

PostTime:2008-01-11 08:13:06 View:760

QINGDAO handled 265 million tons, and 9.4 million TEU in 2007 signalling its rise on the national port league tables from 10th to seventh place, Xinhua reported.The port also set a daily container handling record by lifting 30,175 TEU from 6pm of January 2 to 6pm of January 3, the report said.Qingdao throughput growth held steady in 2007 without additional port capacity, the increase being ascribed to stronger connections between the harbour and railways, customs and shippers, the report said.Qingdao Customs signed regional cooperation agreements with inland customs authorities of Hefei, Shijiazhuang and Yichuan in 2007, attracting more inland cargo to transship, the report said.The goal of Qingdao port in 2008 is to handle 300 million tons and 10 million TEU, the report added.

Mediterranean Shipping launches routes from Qingdao

PostTime:2008-01-08 08:22:53 View:750

Mediterranean Shipping Company commences a co-operation with China Merchants International Terminal (Qingdao) in 2008.The terminal of China Merchants in Qingdao in the eastern China will be the port of call of three MSC ships. In the alliance, a weekly container carrier to the Black Sea of 6,700 TEU commences services on January 3.MSC will launch one vessel to Europe and another to the eastern Mediterranean Sea to provide weekly services.MSC anticipates the three ships to achieve a whole-year traffic of 600,000 TEUs in total.The terminal has launched two 100,000-tonne container berths. The total throughput is 1.2 million TEUs per year. The co-operation with MSC will develop Qingdao into an international shipping centre in the northeastern Asia.

Qingdao joins LCL service to US

PostTime:2008-01-02 10:25:55 View:1344

OceanGuaranteed, less-than-container-load (LCL) cargo service to the US, recently added Qingdao, China, to its growing list of Asian origin ports. It’s the second expansion of the service since it was introduced in September of 2006 by APL Logistics and Con-way Freight. With the latest expansion, LCL customers can use OceanGuaranteed to ship from four ports in China – Qingdao, Shanghai, Shenzhen, and Hong Kong – as well as Yokohama, Japan, Busan, Korea, Singapore and Kaoshiung, Taiwan. By adding Qingdao, OceanGuaranteed has significantly expanded options for shippers seeking port-to-door delivery to the US."Customers who need to expedite shipments of, say, electronic goods and automotive parts, as well as those factories and customers that have experienced production delays or accelerated ship windows, are now able to take advantage of this great value alternative to international air freight out of Qingdao,” said Paul Tay, vice-president of APL Logistics in greater China. “With this premium ocean-truck service, shippers can be assured day-definite transits of just 14 to 20 days from Qingdao to U.S. destinations including door delivery to 99.9 percent of zip codes across the US.”APL Logistics, a global supply chain services provider, and Con-way Freight, a leading North American less-than-truckload (LTL) trucking company, teamed up to introduce OceanGuaranteed as a premium ocean LCL-domestic US LTL service providing day-definite delivery and fast transit times for Asia export cargoes. At approximately one-fourth the cost of air freight, the programme is designed to speed shipments from Asia to the US, providing cycle time consistency and reliability with a money-back transit time guarantee.Utilising Con-way Freight’s dedicated fleet and transportation network of 460 operating locations, LCL shipments arriving at Los Angeles are delivered in an average of just four business days virtually anywhere in the continental United States.Shipments that fail to meet the delivery-day commitment (see transit table below) receive a 20 percent discount, subject to the terms of the service guarantee.Shipments are arriving on time 98.6 percent of the time, according to APL Logistics and Con-way Freight. Year-end figures aren’t yet available, but it was reported that OceanGuaranteed cargo volume increased five fold in the first half of 2007.

Qingdao hits world's top 10 with volume surpassing 9 million TEU

PostTime:2007-12-17 08:09:35 View:668

UP to December 13, China's third largest container port, Qingdao, handled more than nine million TEU during 2007, up 23 per cent year on year and 18 days ahead of schedule, making it one of the top 10 container ports in the world.By the end of this year, the port's Qingwei Container Terminal is expected to see its throughput grow 31.6 per cent to 250,000 TEU. The Riqing Container Terminal's throughput is estimated to reach 430,000 TEU, a surge of 70 per cent over last year.

Qingdao to be logistics centre of China for Japan and South Korea

PostTime:2007-12-07 09:36:48 View:1010

QINGDAO will be developed as a regional logistics centre of China, Japan and South Korea in the next five years, Xinhua reported.Qingdao will develop three integrated logistics centres and nine specialised logistics bases by 2012, making it a logistics hub for the China, Japan and South Korea, the report said.The three planning logistics centres include Qianwan Port Logistics Centre, Airport Logistics Centre and Jiaozhouwan Overland Integrated Logistics Centre, the report said.The share of logistics in Qingdao's GDP is expected to improve to 12 per cent by 2012 and trade of Qingdao with southeast Asia, Europe and North America will grow at a faster pace, the report added.

Evergreen Marine to launch new China dock

PostTime:2007-12-06 08:53:03 View:1084

Taiwan-based shipping company Evergreen Marine Group will soon inaugurate a newly-built dock near China's Qingdao port.The US$300 million investment - launched two years ago - is aimed at providing logistics support to Evergreen vessels sailing between China, South Korea and Japan. The dock's unloading and other facilities will be inaugurated soon.The investment was made through Hong Kong's Pan Asia Company.Evergreen, with a fleet of about 100 container vessels, is Taiwan's largest shipping company.Taiwan strictly regulates investment in infrastructure projects in China. The two sides split amid civil war in 1949.But Taiwanese companies often bypass the restrictions by investing via their subsidiaries or other overseas firms.