THE northern China's Yantai port in Shandong province posted a year-on-year 15.2 per cent increase in cargo throughput to 55.62 million tonnes in the first quarter this year, reports Xinhua.
The rapid growth of cargo volume is attributed to the port's strategic cooperation with large cargo owning enterprises and carriers since the start of 2013, and its efforts to develop hit products in the port areas by taking advantage of its bonded port policy. 
The port's business is under fast development such as the chemical fertiliser, passenger ro-ro and Japan and South Korea boutique services in Yantai ZhiFu Bay area, Central Africa bulk cargo liner and petroleum coke and North Korean coal in Longkou port, as well as timber business in Penglai port area.