Qingdao box throughput hit 12 million TEU

AS of November 3, port of Qingdao's container handling volume has surpassed 10 million TEU. The port's annual throughput this year is estimated to hit 12 million TEU, double of the volume in 2005.

Qingdao Port Group CEO Chang Chuande expects the port to have 10 per cent's throughput growth this year. According to the port's development plan, its container throughput will reach 20 million TEU by 2015, said Xinhua.

Qingdao is the seventh largest port in the world. It recorded a throughput tonnage of 300 million tonnes last year, 5.6 per cent more than the preceding year, and a container volume of 10 million TEU last year, 2.4 per cent up year on year. Its iron ore import volume ranks the first in the world and crude oil import the first in China.
(Source:www.schednet.com)