Qingdao port's throughput grew 5.1pc in 2009

QINGDAO port, China's second largest foreign trade port, throughput grew 5.1 per cent year on year to 315.5 million tonnes while its container volume increased 2.4 per cent to 10.3 million TEU in 2009, reports Xinhua.

Although the average throughput slipped 7 per cent in the first 11 months of 2009, the port's container volume reached 9.4 million TEU, up 2.3 per cent year on year. In 2009, the port commenced construction of a new 400,000-tonne ore terminal and put into operation its bonded port area's phase one facility, a 300,000-tonne oil terminal and a the third phase of a chemical liquid terminal.

In addition, Qingdao port's International Marine Fuel Transfer Base a joint venture with China Marine Banker Corporation, was put into operation in November. Meanwhile, its Qingdao Qianwan United Container terminal, in partnership with China Merchant Holdings,went into service with nine container berths.

(Source: Port Strategy)