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Phase 4, as Qingdao New Qianwan Terminal (QQCTN), located in south bank, was a joint venture of Qingdao Qianwan Container Terminal Co., Ltd, (80% interests) and Pan Asia International Shipping Ltd. (20% interests), which started to build in 2007. [3] In 2009, the first 4 out of 10 berths started to operate.
The vast majority of containers moved by large, ocean-faring container ships are 20-foot (1 TEU) and 40-foot (2 TEU) ISO-standard shipping containers, with 40-foot units outnumbering 20-foot units to such an extent that the actual number of containers moved is between 55%–60% of the number of TEUs counted. [1]
The alliance included Shandong's Qingdao Port, Port of Yantai, Port of Rizhao, Port of Weihai, and the ROK's Port of Busan and aimed to build a shipping and logistics center in Northeast Asia. [4] In May, 2014, Qingdao Port International Co. Ltd. announced it was seeking to raise up to US$377 million in a Hong Kong initial public offering.
In port construction, China has especially strengthened the container transport system, concentrating on the construction of a group of deep-water container wharves at Dalian, Tianjin, Qingdao, Shanghai, Ningbo, Xiamen and Shenzhen, and thus laying the foundations for China's container hubs. A new deep-water port has opened in Yangshan ...
Container ship classes of COSCO SHIPPING Lines Ship class Built Capacity (TEU) Ships in class Notes Glory-class: 2011-2012 13,114 8 Long-term charter from Seaspan Corporation Star-class: 2011-2012 14,074 8 Originally built for China Shipping Container Lines: Globe class: 2014-2015 18,982 5 Originally built for China Shipping Container Lines ...
A strategic merger of this new company together with China Merchants Group received approval from the State Council of the People's Republic of China in December 2015, and by April 2017 Sinotrans Limited (and its former subsidiary Sinotrans Shipping) had become direct subsidiaries of China Merchants Group. [11]
The Ports of Entry of the People's Republic of China (中华人民共和国的口岸) [a], according to the definition of "Several Provisions of the State Council on Port Opening", are the seaports, river ports, airports, railway stations, border crossings (边境通道), and all other entry-points through which people, goods, and means of transportation may legally enter and exit the country. [1]
China International Marine Containers (Group) Co., Ltd (CIMC; Chinese: 中集集团) is a Chinese company principally engaged in the manufacture and sale of transportation equipment, such as containers, road transport vehicles and airport ground-handling equipment.