The Port of Qingdao commenced operations in 1892 and is one of the largest comprehensive ports in the world. It occupies a central position among ports in Northeast Asia and is an important hub of international trade in the West Pacific.
The Company was established on 15 November 2013. It was listed on the Main Board of the Hong Kong Stock Exchange on 6 June 2014 and was listed on the Main Board of the Shanghai Stock Exchange on 21 January 2019.
The Group is the primary operator of the Port of Qingdao and operates four port areas in Qingdao, including Qingdao Qianwan Port Area, Huangdao Oil Port Area, Dongjiakou Port Area and Dagang Port Area. It is mainly engaged in the handling of different types of cargoes such as container, metal ore, coal and crude oil and the provision of ancillary services, logistics and port value-added services, port ancillary services and financial services.As of 31 December 2019, the Group operated 86
berths at the Port of Qingdao, which included 56 berths dedicated to handling a
single type of cargo and 30 berths capable of handling metal ore, coal and
other general cargo.
Leveraging on the natural deep-water capacity and
industry-leading facilities and equipment, services and management, the Group
can accommodate the world’s largest container vessels, iron ore vessels and oil
tankers. The Group also possesses world-leading stevedoring efficiency. During
the year ended 31 December 2019, the Group continued ranking first in the world
in terms of the berth efficiency of Maersk vessels at the Port of Qingdao, with
a single-machine average operating rate of 43.8 units per hour for fully
automatic container terminal and a single-machine unloading rate continued to
maintain at 2,918 tons per hour for iron ore.