Operating revenue of Zhuhai Port increased by 104.83 percent year-on-year to 2.97 billion yuan ($460 million) in the first half of this year, and net profit for shareholders rose by 82.62 percent to 235 million yuan ($36 million), according to a semiannual report released Aug 27.

Zhuhai Port Holdings Group now boasts an overall transportation capacity of more than 1 million tons. The capacity of the group's own fleet reached 210,000 tons with the recent addition of two 12,500-dwt and two 22,500-dwt bulk cargo ships. 

Comprehensive logistics services are provided for major commodities such as coal, steel, and food. In total, 31,400 containers were processed through combined sea-rail transportation, a year-on-year increase of 59 percent. 

Zhuhai Port Holdings Group is tapping into the development of green-energy industries [Photo courtesy WeChat account: zhportholdings]

Coastal steel shipping volume increased by 173 percent to 4.41 million tons from January to June, while that of bulk cargoes grew by 83 percent to 5.97 million tons relying on Xinghua Port in Changshu of Jiangsu Province.

Xinghua Port is China's second largest and East China's largest paper pulp distribution and sales center and Zhuhai Port Holdings is the controlling shareholder. Xinghua's cargo throughput increased by 12.3 percent year-on-year to 8.42 million tons in the first half of this year and the transport of paper pulp, steel, and equipment went up steadily.

A leading shipping enterprise in the Xijiang region, cargo throughput at the group's Yunfu New Port in Midwest Guangdong grew by 60 percent to 3.57 million tons due to expanded market share in stone exports. Wuzhou Port in Guangxi Zhuang Autonomous Region had cargo throughput rise by 163 percent to 2.03 million tons as it becomes a transfer center for food and construction materials.

Zhuhai Port Holdings has been tapping into the green-energy industry by investing in high-quality wind power and photovoltaic projects. It acquired 25.01 percent in shares from Chinese mainland-listed Jiangsu Xiuqiang Glasswork and will help it become a domestically renowned PV product manufacturer with the exploration of integrated PV business.  

In addition, Zhuhai Port Holdings acquired 11.96 percent in shares from Hong Kong-listed Tianlun Gas. The two signed a strategic cooperation agreement for the establishment of a new-type energy service system that combines wind power and PV technologies with traditional gas services.