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Yantai Port's Southeast Asian bulk routes show consistent high growth
Posttime：2023-11-20 09:02:03
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Registering a substantial 16.8 percent year-on-year growth, Yantai Port, which is a subsidiary of Shandong Port Group (SPG), shipped a cumulative 1.37 million metric tons of goods from January to October.
It is poised to surpass last year's annual shipment volume of 1.5 million tons, reinforcing SPG's role as a pivotal logistics support point for the Association of Southeast Asian Nations.
Four new international trade routes have commenced operations at Yantai Port in Shandong this year, linking Yantai to Mexico, Russia, the United Arab Emirates, and the United States, according to port authorities.
With a total of 20 international cargo routes, Yantai Port, which has forged a comprehensive network spanning Asia, Africa, America and Europe, has seen a 37 percent surge in shipping volume in the first three quarters.
The port is set to facilitate swift global access to Chinese products and efficient international bulk cargo transportation.
Source: SPG