SPG posts excellent performance from Jan-Feb
China DailyThe busy Qingdao Port of SPG According to data released by the Ministry of Transport at the end of March, during the January-February period, China's coastal ports accomplished 1.62 billion metric tons of cargo, up 2.9 percent year-on-year. Notably, the cargo throughput of Shandong Port Group experienced an increase of 6.2 percent year-on-year and its container volume rose 13.3 percent year-on-year. In the first two months of this year, the container throughput of Qingdao Port, Rizhao Port and Yantai Port grew by 12.3 percent, 16.7 percent and 17.7 percent, respectively, and all of them posted double-digit growth. For example, Qingdao Port joined hands with Rizhao Port and Shandong Port Shipping Group to enhance the standards of barge shipping, with some 170 sailings between Qingdao and Rizhao, and the average handling efficiency improved by 55 percent month-on-month, which effectively increased SPG's growth volume.