Rizhao port volume up 11.7pc to 100 million tonnes in first 4 months

PostTime:2013-05-22 08:08:11 View:1245

THE eastern China's port of Rizhao has posted a year-on-year 11.7 per cent increase in throughput to 100.17 million tonnes as of the end of April this year, reports Xinhua.  The port's self-developed GPS freight management system has enhanced its operation efficiency. Its overall throughput is expected to exceed 300 million tonnes this year.

Heavy duty railway lays 1,260 kilometres of track from Luliang to Rizhao

PostTime:2012-09-14 08:38:50 View:1486

CHINA'S first heavy duty railway, connecting northern China's Shanxi province and eastern China's Shandong province, is expected to enter the track laying phase in mid-September, Xinhua reports. The railway, designed for heavy loads, will run 1,260 kilometres from Shanxi's Luliang city to Shandong's port city of Rizhao and is expected to move 200 million tonnes a year. The project entails an investment of CNY99.8 billion (US$15.77 billion) and expected to be finished by September 2014.

Port of Rizhao throughput increases 10.2 per cent to 108 million tonnes

PostTime:2012-06-13 08:29:46 View:880

AS of May 18, eastern China's port of Rizhao has handled 108 million tonnes this year, up 10.2 per cent year on year, Xinhua reports. During nine years, Rizhao lifted a total of 1.33 billion tonnes of cargo with an average annual increase of 21 per cent. The port's assets grew from CNY4.79 billion (US$754.9 million) to CNY34.3 billion at an annual increase of 24.5 per cent.

Rizhao aims to achieve 350 million tonnes' volume by year-end

PostTime:2012-04-09 08:12:29 View:1057

THE governor of Rizhao city, Yang Jun, says the port's throughput has reached 250 million tonnes and will hit 350 million tonnes by the end of the year, reported Xinhua. According to Governor Yang, during the last four years, the eastern China port in Shandong province invested CNY11.5 billion (US$1.82 billion) on port facilities. This year, Rizhao will launch 200 projects with an investment total of CNY31 billion. The city government also plans set up an exclusive fund for port development.

Shangdong trade value through Rizhao surpasses US$20 billion in 2011

PostTime:2012-02-20 08:38:28 View:927

RIZHAO city, in eastern Shandong province, recorded a trade value of over US$20 billion last year, a sharp increase of 55.9 per cent over 2010, which makes it the fastest growing in trade among all cities in the province, Xinhua reports. Export value surged 76.7 per cent to US$3.9 billion, ranking the first in the province. Import value increased 51 per cent to $16.9 billion. Port of Rizhao handled 250 million tonnes of cargo last year. Its capacity is expected to reach 600 million tonnes in the future. The city is now accelerating the construction of a number of railways, expressways and airport to upgrade its distribution capacity.

Rizhao on course for 200m tonnes

PostTime:2011-10-20 08:15:43 View:821

{非本站图片} Dalian: Rizhao Port is set to crack through the 200m tonne throughput mark this year. In the first three quarters the Shandong province port saw 153m tonnes pass through its docks. Rizhao has been one of China’s fastest growers thanks to large volumes of iron ore. Five years ago its annual throughput stood at under 60m tonnes. “Recently Shandong Peninsular Blue Economic Zone has been put into the central government’s latest strategic development plan, as the progressing of more industrial projects in Rizhao including a steel production base, Rizhao-Yizheng oil pipeline, Rizhao-Dongming oil pipeline and Shanxi-Rizhao coal railway, Rizhao Port is facing big time opportunities,” said the port’s president, Du Chuanzhi. 

Rizhao set to raise cash

PostTime:2010-04-28 08:21:39 View:730

Rizhao Port, one of China's top iron ore and coal ports, plans to raise around CNY1.45bn ($212.4m) from a private placement. The Shanghai-listed company plans to offer 125m to 200m shares to not more than 10 designated investors, it said. Rizhao, which is based in Shandong province in the north of the country, says the issue price will be just over CNY7 per share. Proceeds from the private placement will go towards funding a new coke terminal project in Shijiu port, in Rizhao's western port area. In March Rizhao reported a 30% increase in total cargo throughput to more than 30mt in the first two months of 2010. The port said the spike in throughput was driven by China’s demand for imported commodities such as iron ore and coal. Iron ore volumes at the port were 11mt in both January and February, year-on-year increases of 45% and 39% respectively. With the introduction of new facilities Rizhao hopes to increase cargo throughput at the port to 200mt in 2010 from the 180mt seen last year. Rizhao recently reported a 90% increase in first quarter net profits to CNY104m on the back of higher cargo volumes and handling charges.

Rizhao Riqing Container Terminal now runs weekly Dalian service

PostTime:2009-07-31 08:37:15 View:2213

EASTERN China's Rizhao Riqing Container Terminal, a joint venture with Qingdao and Rizhao ports, has launched a Rizhao to Dalian container service, reports Logistics Week. The service runs weekly and reportedly eliminates the need of shipping cargo from Shandong and Suzhou to North China by avoiding Bohai Gulf, and cutting down transit time and costs. Up to now, the terminal has opened services from Rizhao to Dalian, Yingkou and Jingzhou, further expanding its domestic shipping network.

Tianjin, Rizhao to hike cargo handling fee

PostTime:2007-12-25 16:24:08 View:1370

Tianjin Port will increase the container loading and unloading fee by 10 percent on average on the basis of the current average price of US$34 per TEU starting on January 1, according to the latest report released by the company.