- http://regional.chinadaily.com.cn/ensd-port/2024-11/12/c_520455.htm
Overview
Shandong Port Group (SPG) is located on the east China coast and in the lower reaches of the Yellow River. Situated in the birthplace of the ancient Chinese philosopher Confucius, SPG was established by merging seven major port cities in Shandong. Headquartered in Qingdao, Shandong province, it is a natural harbor where the land adjoins the sea and where the Yellow River empties into the sea.
It boasts four port groups (Qingdao Port, Rizhao Port, Yantai Port and Bohaiwan Port) and 12 business segments (investment holding, harbor engineering, logistics, shipping, cruise culture & tourism, equipment manufacturing, trading, logistics, sci-tech, overseas development, vocational education, medical & health and service development). It now has a workforce of over 60,000 employees and its total assets reach over 260 billion yuan ($35.97 billion).
In 2024, SPG's cargo throughput exceeded 1.8 billion metric tons and its container volume surpassed 44 million TEUs, ranking first and second in the world respectively.
Our Strengths
Excellent geographical locations. SPG is located at the intersection of the Silk Road Economic Belt and the 21st-Century Maritime Silk Road, acting as the most efficient shipping outlet for the Yellow River basin, a bridgehead in China's trade connectivity with ASEAN and RCEP member states, as well as a significant node in the domestic and international circulations.
Large terminals. SPG now operates 21 major port areas and 370-plus production berth. It owns the world's largest 400,000-ton ore terminals, 450,000-ton crude oil terminals, and has dedicated terminals capable of berthing 24,000-TEU container ships and 227,000-ton cruise ships. SPG is committed to accommodating the world's largest vessels.
Multiple cargo types. The cargoes handled at SPG cover all types of goods that handled across the global ports, with containers, crude oil, ore, coal and grain as the pillar. There are 13 cargoes each with an annual throughput of over 10 million tons, making SPG the largest foreign trade port in North China.
Concentrated shipping services. SPG is connected to 700-plus ports in over 180 countries worldwide through over 370 shipp
ing routes, with the number of routes and density ranking the top in Northeast Asia. It has created a shipping network consisting of both ocean-going and near-sea routes as well as trunk and feeder services.
Wide presence. SPG has set up 51 inland ports in pivotal cities along the Yellow River basin and launched 101 sea-rail combined freight lines. This has moved the functions of coastal ports to the customers' doorstep, thus promoting the seamless connection between dry ports and sea ports.
Efficient port operations. SPG leads the world in the handling efficiency of containers, iron ore, bauxite and paper pulp. Its subsidiary Qingdao Port ranks No 1 in Maersk's berth productivity among port of calls worldwide for seven years in a row. The fully automated container terminal at Qingdao Port has broken the world efficiency record for ten times.
Our business scope
Introducing integrated services to promote new business. SPG has combined the holistic supply chain services encompassing "port, logistics, finance, trade, shipping", owning 15 financial licenses and service institutions and operating 22 types of financial services. It has launched new business like crude blending, bonded trade, and marine fuel supplies. In addition, it aims to build a base for low-sulfur bunker fuel oil supply in northern China. All these efforts are expected to strengthen its integrated supply chain services for various cargo categories, different areas and multiple business forms, and to shift into a supply chain hub and an industrial chain integration platform.
Working together to prosper collectively. SPG has proactively served the Belt and Road Initiative and quickened its global presence. It has invested and managed two overseas terminals including the Khalifa Port Phase II in Abu Dhabi, UAE and the Kimbo bauxite port. In addition, It has managed seven overseas terminals such as the Winning Consortium in Guinea and the Sierra Leone Pepel Port. It is expected to set up nine overseas offices in Europe, Africa, Southeast Asia and West Africa, etc., in order to create a globally linked logistics network.
Going ahead, SPG plans to focus on the building of a world-class port cluster in Shandong, build "a port-centered integrated supply chain service system", as well as move faster to become a world-class sea port and a world-class enterprise.