The Yantai Area of the China (Shandong) Pilot Free Trade Zone is stepping up efforts to develop a marine economy by taking advantage of its natural environment.
Shandong Port Group, which has integrated the major ports in the province, including Qingdao Port, Yantai Port, Rizhao Port, and the Bohai Bay Port Group, said that its throughput has continued to increase as economic activity picks up.
Lanshan district in Rizhao, Shandong province, with a coastline spanning 25 kilometers, has been ramping up efforts to promote the development of modern marine ranching.
The first shipment of bauxite produced in Boffa in the northwestern corridor of Guinea, a West African nation, arrived at Rizhao Port in Shandong province on Feb 26.
The Vado Gateway Terminal in Italy, the first overseas equity investment project of Qingdao Port, officially started operating as "Maersk Kotka", a container ship sailing under the flag of Liberia, docked there on Feb 12.
In the first month of 2020, Shandong Port Group's total cargo throughput increased by 6.3 percent year on year to 121 million tons.
A new automated container terminal employing hydrogen energy and 5G technology in Qingdao, Shandong province, represents the future trend of port operation with highly efficient and environmentally friendly features, industry insiders said recently.