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Qingdao Port Jan-Feb throughput up 21%

Qingdao Port Jan-Feb throughput up 21%

Write: Bajnok [2011-05-20]
Qingdao Port, China's second largest foreign trade port, saw its foreign trade cargo throughput up 21 percent year-on-year in the first two months this year, the port's chairman said Thursday.

Revenues of the state-owned port in January and February grew by 10 percent, a trend likely to continue in the first half of this year, said Chang Dechuan, chairman and president of Qingdao Port, in an interview with Xinhua.

He gave no detailed figures of throughput and revenues.

Since 2001, comprehensive energy consumption per unit of Qingdao port was down 30 percent, while the throughput has tripled, Chang said.

He attributed the improved energy efficiency to a series of government incentives including tax reductions and subsidies for low-carbon growth.

Qingdao Port, the country's largest foreign trade port for containers, iron ore and crude oil, finalized a total throughput of 315 million tons in 2009, up 5 percent year-on-year, according to the Ministry of Transport at the end of last December.