Ports ramp up cargo, container processing

Time:2020-04-08 10:26:52      Source:ChinaDaily.com
Shandong Port Group reported considerable increases in both cargo and containers from January to March this year, despite the coronavirus epidemic.
 
During the first quarter, cargo throughput was 340 million metric tons, an increase of 5.1 percent from the same period last year, while container throughput reached 7.14 million TEUs (twenty-foot equivalent units), a 4 percent increase.
 
The port group attributed the progress to its integration efforts since 2019.
 
In August the group integrated major facilities within Shandong province, including ports at Qingdao, Yantai, Rizhao and the Bohai Bay, aiming to optimize resources and reduce unnecessary competition.
 
The group has launched five new international container routes heading to Japan and Southeast Asia, in an effort to accelerate the creation of a worldwide logistics network.
 
Moreover, the group enhanced its connection with inland cities, including Xi'an, Shaanxi province, and Lanzhou, Gansu province, and with cities such as Jinan and Zaozhuang.

 
Index RMB/t DoD Basis Date
Datong 5500 455 0 ex-mine 07-01
Shuozhou 5200 445 0 FOR 07-01
Ordos 5500 420 0 ex-mine 07-01
Yulin 6200 540 0 ex-mine 07-01
Liulin Low-sulphur 565 0 ex-mine 07-01
Gujiao Low-sulphur 1095 0 FOR 07-01
Xingtai Low-sulphur 1210 0 ex-Factory 07-01
Yangquan PCI 795 0 FOR 07-01
Index RMB/t WoW WoW% Date
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