SPG opens new shipping route to Japan's Osaka
The ship DCL Qingdao set off on its maiden voyage from Qingdao Port, a subsidiary of Shandong Port Group (SPG), on June 18, marking the official launch of the Qingdao - Osaka shipping route.
The new route, regarded as a golden sea channel linking China and Japan, is part of SPG's efforts to implement a new development philosophy, and serve the new national development paradigm. It is expected to help the group develop itself into an international shipping hub in Northeast Asia, and optimize the layout of shipping routes from China to Japan.
SPG is a bridgehead for Regional Comprehensive Economic Partnership (RCEP) members to tap into the markets in Japan and South Korea, and the group has committed to the development goal of "building it into a world-class sea port". Efforts have also been made to actively serve and integrate into the country's new development paradigm by opening a number of new routes, which have played an important role to ensure the stability of industrial and supply chains.
According to official data, SPG's cargo throughput surpassed 1.5 billion metric tons in 2021, while its container volumes surpassed 34 million TEUs (twenty-foot equivalent units), up 6.1 percent and 8.3 percent year-on-year, respectively, placing it first and third globally.
The new shipping route is the first RCEP fast logistics channel between North China and Japan, and is expected to promote the development of cross-border trade, shipping, finance and other industries. It will also accelerate the high-quality development of the regional economy, and inject stronger impetus into the economic and trade cooperation between China and Japan.
The ship DCL Qingdao waits to set out on its maiden voyage at Qingdao Port, a subsidiary of SPG, on June 18. [Photo/WeChat account: Shandong-Port]
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