Yangpu port freight traffic to Hainan increases 36.52% from January to November – Business & Economy
HAIKOU / China /, December 25. / TASS /. Cargo turnover at Yangpu Port, Hainan Province, southern China, was 1.2 million TEU (twenty foot equivalent) from January to November this year, surpassing the same period last year by 36.52%, according to Hainan International Communication. Network reported.
In 2020, the total figure was 1 million TEUs. Hainan authorities regard the construction of the Yangpu Port infrastructure as an important part of the province’s free trade port project, with the aim of increasing domestic and foreign cargo traffic. Yangpu Port is working hard to meet the requirements of an annual volume of 10 million TEUs in the future.
From January to November of this year, more than 18,800 ships entered or left Yangpu Port. This figure has increased in annual terms by 14.54%. In addition, 30 international vessels weighing a total of around 4.8 million tonnes were registered at the port. In 2021, according to the article, around 114 foreign vessels also remotely passed operational security checks at Yangpu Port.
Chinese authorities intend to transform the port of Yangpu in the northwestern part of Hainan Island into a key distribution channel for the flow of goods from various parts of the PRC to South Asia. -East and Oceania, Europe and North America by 2035. The port of Yangpu will play an important role in the implementation of the plan to form a new integrated maritime and land corridor, a project Developed by the National Development and Reform Commission of China and aimed at accelerating and improving the efficiency of regional and global trade and economic projects, as well as providing customs and logistics services.
By 2025, it is expected to become a regional transport hub with up to 5 million containers per year passing through the port.