As of 8:00 pmon Nov 27, Shandong Port Group (SPG) handled a total container throughput of 34.14 million TEUs (twenty-foot equivalent units), which is 34 days earlier than the yearly total recorded in 2021.
With a challenging environment arising from the combined forces of changes and a pandemic both unseen in a century and the unstable global container marketsince the beginning of this year, SPG has taken measures to ensurethe stability of industrial and supply chains and promoteglobal economic recovery as its main objective. It has proactively coped with the changing environment, built a strong line of defense against theCOVID-19virus and steadily developed its container business. All these efforts have contributed to SPG’s new record in container volume.
SPG has createdstrong development synergy throughout the year as it has continuously deepened port integration reform. Qingdao Port has leveraged its role as a hub port to expandinternational routes. Rizhao Port, Yantai Port and Bohai Bay Port have served as feeder ports for Qingdao Port’s container development. A number of feeder services were opened to create an SPG four-port-subsidiary mini circle. Additionally, its four port groups and 12 business segments have advanced deep cooperation withtraditional businesses and emerging businesses,such aslogistics, shipping, finance and trade, with a plan to createa more dynamic ecosystem for SPG’s container development.
SPG has built international multimodal channels that runeastwardto Japan, the Republic of Korea, andother Asia-Pacific regions, westwardto Central Asia and Europe, southwardto the Association of Southeast Asian Nationsmembersand South Asia,and northwardto Mongolia and Russia. The companyhas also opened more shipping routes and expanded its shipping capacity, with 35 new shipping routes being launched this year, and effortshave been made to launch freight lines and build inland ports. It has launched 81 sea-rail combined transport routes in and out of Shandong and has built 31 inland ports. In the first 10months of this year, its sea-rail combined transportation capacity surpassed 2.51 million TEUs, up 18 percent year-on-year.
As China’s first pilot unit for smart port construction, SPG has continued to advancescientific and technological innovationto promote smart port development and speed up the growth of the container business by usingits scientific and technological strength. The Qingdao Port fully automated container terminal was the first of its kind to introduce”hydrogen-powered + 5G technology” and the air-track intelligent collecting and distribution system. It has also independently developed the A-TOS system(the fully automated container terminal intelligent operating system). The terminal’s average efficiency for a single crane has reached 60.18 moves per hour, and the highest record has hit 67.76moves per hour, breaking the world record for the ninth time. Furthermore, Rizhao Port has launched the first open and parallel-type fully-automated containeracross the world.
SPG plans to bolster the rapid growth of the container business and accomplish itsthis year’s development targetswith the help of deep port integration. It will continue to augment its comprehensive international trading strength and improve itseconomic circulation capabilityto serve the new development paradigm and integrate smoothly into the unified domestic market.
SPG
