Binzhou Port Qinggang International Terminal (BPQIT), a container terminal operator in China’s Binzhou port in Shandong province, was inaugurated on 26 June to serve the Binzhou port’s domestic container trade.
The BPQIT is a joint venture between Shandong’s Binzhou Port Group and Qingdao Port International, with a registered capital of CNY50 million (USD8 million), a statement of Qingdao Port International said on 29 June. Binzhou port is located on the coast of the Bohai Sea, with two 30,000-tonne general piers. Both piers are also designed to accommodate 50,000-tonne vessels.
On 26 June, the 655-teu Yong Yue 11 made the first call at BPQIT after departing from Qingdao, opening the trade route between Qingdao and Binzhou.
Zheng Minghui, chairman of Qingdao Port Group, parent of Qingdao Port International, said, “The inauguration of BPQIT will make full use of the comprehensive advantages of Qingdao Port to provide shippers around Binzhou port with more convenient, efficient, and low-cost door-to-door logistics services though the Binzhou port.”