In January, the Taizhou International Container Terminal – located in the Taizhou Medical High-tech Zone in Taizhou city, in East China's Jiangsu province – broke the record for its handling throughput.
It handled 31,600 twenty-foot equivalent unit containers – or TEUs, the standard container size – for a year-on-year increase of 63.2 percent, setting a new peak level.
In January, the terminal's foreign trade container volume increased by 35.2 percent year-on-year, while the domestic trade container volume increased by 95.2 percent. The total container volume exceeded the monthly target, achieving 109 percent of the estimate.
In terms of foreign trade goods, refrigerator products were the main driver, accounting for an estimated 62.5 percent of the total.
Elsewhere, photovoltaic glass, plastic flooring, furniture, standard parts, rapeseed oil, chemical fibers and other products accounted for about 25 percent.
In domestic trade, the terminal's handling of goods, grain, seasoning, ceramic building materials and industrial product raw materials accounted for 75 percent of the total volume.
Business is really humming at the Taizhou International Container Terminal. It handled container throughput of 31,600 TEUs in January alone. [Photo/WeChat account: weigg6666]
In recent years, concerted efforts have been made by the terminal to expand its business scope to enhance its load-bearing capacity.
For example, it readjusted the previous Taizhou-Wuhan-South Korea foreign trade offshore route to a direct route now going from Taizhou to South Korea, thereby improving the cargo absorption capacity.
In 2023, Taizhou International Container Terminal Co Ltd reported total container throughput of 343,100 TEUs, exceeding the annual target by 13,100 TEUs.
Operating revenue increased by 5.6 percent year-on-year and total profit surged by 43.4 percent year-on-year during the period.