Independent journal on economy and transport policy
CENTRO INTERNAZIONALE STUDI CONTAINERS
ANNO XXXVIII - Numero LUGLIO 2020
QINGDAO LAUNCHES NEW PORT AREA TO CUT LOGISTICS COSTS
"The Port of Qingdao has said the Dongjiakou Port Area
has been officially opened and is now ready to receive commercial
In a statement, the Port of Qingdao said the Dongjiakou Port
Area will save approximately $14.2 million (100 million yuan) a year
in logistics costs for companies based in and around it.
While it will be a multipurpose hub, the Dongjiakou Port Area
will be mainly used for importing and exporting bulk cargo.
It is one of four port areas in the Port of Qingdao, along with
Dagang, Qianwan and Huangdon, the last being a major gateway for
oil. Their size means these areas are sometimes referred to as ports
in their own right.
The launching of the Dongjiakou Port Area will allow the entire
ecosystem to work more effectively, with all of the port areas
working together to turn the Port of Qingdao into a "fourth
generation port", a flexible transshipment and import and
export hub. Qingdao is the fifth
biggest port in China and eighth busiest in the world, with a
TEU traffic of 18.2 million. It is particularly important for
China's overseas maritime strategy and has a share in the Port of
Vado Ligure, Italy, which Beijing sees as a key point of entry into
It is the latest step forward for one of Chine's major ports;
Qingdao, along with others including Tianjin
and Guangzhou, are developing and testing the potential of 5G
networks as the seek to become 'smart ports'.
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