Shandong Port Group Co Ltd, established on Aug 6, 2019, is currently the world's largest port operator. It is a provincial State-owned enterprise approved by the People's Government of Shandong Province.
The group consisting of Qingdao Port, Yantai Port, Rizhao Port and Bohai Bay Port, operates 17 major ports (port areas) and more than 300 production berths, and has more than 60,000 employees.
Since it was founded, Shandong Port Group has accelerated the process of "three synchronization" of integrated reform, development and planning for the future, and promoted "three integration development".
The group operates in 10 business segments: shipping, trade, logistics, sci-tech, equipment manufacturing, overseas development, financial services, ports construction,city-industry integration and cruise culture & tourism.
Shandong Port Group has the world's largest 400,000-ton ore terminal, 450,000-ton crude oil terminal, a container terminal capable of porting 24,000 TEUs (twenty-foot equivalent unit) container vessels, and a special terminal capable of berthing 227,000-ton cruisers. It has more than 200 container shipping routes covering more than 180 countries and regions.
In 2019, its cargo throughput reached 1.32 billion tons, with a year-on-year growth of 10.9 percent, ranking first among China's coastal ports. It completed 29.56 million TEUs, an increase of 9.7 percent year-on-year, ranking second among China's coastal ports.
Shandong Port Group actively implements the Belt and Road Initiative (BRI) and undertakes other such national missions. It actively synergizes the national strategy of serving the country and the BRI, and taking the East-West two-way economic cooperation and the linkage between the land and sea as its development path.