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Shandong is the world’s largest port by cargo volume in 2023

The north Chinese port of Shandong posted a cargo throughput of 1.71 billion tons in 2023, an increase of 5.6% year-on-year, making it the world’s busiest cargo handling port.

Shandong also claimed the title of the world’s second largest container port having last year formed a ports cluster with Qingdao Port as the leader and Rizhao Port and Yantai Port as the backbone. It also includes other facilities such as Weihai Port, Dongying Port, and Weifang Port.

Combined container volume at Shandong port was 41.32 million teu in 2023, an increase of 10.8% year-on-year, surpassing Singapore. In 2022 Qingdao was the world’s fifth largest container port handling 25.7 million teu.

Port revenue of Shandong was RMB155 billion ($12.69 billion), up 12.9% compared with the same period of the year before.

In January 2024, port areas in the Shandong Port Group reported a good start with strong performance. Its subsidiary Qingdao Port launched four shipping routes to North America. Another subsidiary, Yantai Port, saw its transport of commercial vehicles grow 51.5 percent year-on-year.

The achievements are some of the continuing benefits of an integration process “in which ports in Shandong province have gained new growth momentum and complemented each other’s advantages and capacity”, said Huo Gaoyuan, chairman of Shandong Port Group.

The group was established in August 2019 and is based in Qingdao, Shandong. It integrated the major ports in the province, including Qingdao Port, Yantai Port, Rizhao Port and the Bohai Bay Port Group.

Before the Shandong group’s establishment, port areas in the province developed in their own ways, leading to low-efficiency construction and competition for similar work.

“The integration reform unites more than 60,000 workers and staff members in 21 port areas from seven cities, turning competition into cooperation,” Huo said.

For example, Qingdao and Rizhao ports established a platform to jointly operate the ore and coke business, and tugboat resources are shared by Dongjiakou port area of Qingdao Port and Shijiu Port area of Rizhao Port.

Digitalization and innovation have also gained steam in Shandong ports.

“The technology of fully automated container terminals developed by Qingdao Port has been expanded to other port areas,” said Li Fengli, general manager of Shandong Port Group.

During the three years or so since its establishment, Shandong Port Group has launched a transportation service network, including shipping routes, freight trains and inland ports. The group launched 127 new shipping routes, bringing its total to 327. It has also built 32 inland ports and connected them with 82 freight train lines.

The port group’s transportation service covers areas along the Yellow River, including Shandong province, Central Asia, Europe and the Association of Southeast Asian Nations.

Source:Chinadaily & Seatrade Maritime

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