China’s Qingdao port handled 336 million tonnes of cargo during January-August 2015, up 4.45% year on year, showed data released by the port authority on 18 September.
The port has completed 70.4% of its targeted cargo throughput, and its container volume during the same period stood at 11.5 million teu, amounting to 69.4% of the target and contributing 3.41% to annual growth.
Its steel throughput made the fastest growth, totalling 5.3 million tonnes, up 52.7% y/y, followed by its grain volume, which increased 50.5% y/y to 7.2 million tonnes.
The port handled 57.5 million tonnes of oil and gas products during January¬-August, up 10.7% y/y, and 12.1 million tonnes of construction materials, up 47.1% y/y. However, its metal ore and coal volume dropped 8.5% y/y and 11.8% y/y to 91.2 million tonnes and 12.5 million tonnes, respectively.
On 21 September, Qingdao partnered Kuantan port in Malaysia to enhance co-operation on port construction and operations.
Qingdao port will increase its commodity and energy cargo throughput by 30% before the end of 2016, said port vice-president Cheng Xinnong.
This post was sourced from IHS Maritime 360: View the original article here.
