About us

Our History

The Port of Qingdao commenced operations in 1892. Our origin can be traced back to the establishment of the predecessor of our Controlling Shareholder, Port Authority of the People’s Government of Qingdao, in August 1949. After several rounds of internal reorganization, this entity was renamed as Qingdao Port Authority in 1987 and was under the administration of the People’s Government of Qingdao and the Ministry of Transport, with the People’s Government of Qingdao being the main governing authority.

In January 2003, QDP, our Controlling Shareholder, was transformed into a wholly state-owned enterprise with limited liability by Qingdao SASAC with a registered capital of RMB1, 860 million, replacing Qingdao Port Authority in accordance with the State Council’s policy to reform the administration system of the port industry and with approval from the People’s Government of Qingdao. After spinning off the administrative functions and related assets, the remaining assets along with the relevant personnel, creditor’s rights and liabilities of Qingdao Port Authority were injected into QDP.

Qingdao Port International Co., Ltd. was established in November 2013 (the “Company”), the Qingdao Port Group put its core business into the Company. Qingdao Port Group held approximately 55.77% equity interests of the Company.

MILESTONES

The Port of Qingdao has over 120 years of operating history. Milestones of the Core Operations of our Group and our predecessors are as follows:

Year	Events
1892	The Port of Qingdao commenced operations.
1949	Throughput of the Port of Qingdao reached 720,000 tons.
1974	Commencement of construction of Huangdao Oil Port Area as our primary port area for providing liquid bulk handling services.
1987	Commencement of construction of Qianwan Port Area as our primary port area for providing break bulk and container handling services.
1997	Container throughput of the Port of Qingdao exceeded one million TEUs for the first time in our history.
2001	Throughput of the Port of Qingdao exceeded 100 million tons for the first time in our history.
	The dedicated ore berth with a capacity of 200,000 DWTs passed national inspection and commenced operation. It was one of the largest dedicated ore berths in the world at that time.
2002	Relocation of the container handling business in foreign trade from the Dagang Port Area to the Qianwan Port Area.
2003	The Qingdao Port Authority was restructured as QDP.
	QQCT was invested in and restructured by QDP, COSCO Terminal (Qianwan) Co., Ltd. and PTS (Holding) Co., Ltd. (a company established by Maersk and Dubai Ports World).
2006	Throughput of the Port of Qingdao exceeded 200 million tons for the first time in our history.
2008	Throughput of the Port of Qingdao exceeded 300 million tons and its container throughput exceeded 10 million TEUs for the first time in our history.
	Commencement of construction of the Qingdao New Port Area（Dongjiakou Port Area） as one of our primary port areas for providing metal ore, coal and liquid bulk handling services
2009	QQCTU was established by QQCTN and Qingdao Merchants.
2011	QQCTUA was established by QQCTU and APL-SITC Terminal Holdings Pte. Ltd. Container throughput of the Port of Qingdao exceeded 13 million TEUs.
2012	Throughput of the Port of Qingdao exceeded 400 million tons, ranking seventh in the world in terms of total throughput. Container throughput exceeded 14 million TEUs, ranking eighth in the world in terms of total container throughput.
2013	Our Company was established as a joint stock company with limited liability by the Controlling Shareholder and five other promoters.
	The dedicated ore berth at the Qingdao New Port Area（Dongjiakou Port Area） with a capacity of 300,000 DWTs passed national inspection and commenced operation.
2014	The Company was listed on the Main Board of Hong Kong Stock Exchange.
2015	Dongjiakou Port Area berthed the Valemax ore carrier for the first time.
2016	Opening of Dongjiakou Port Area to the outside was Approved by the State Council.
2017	The fully automatic container terminal was put into commercial operation.
2018	The completion of construction of the railway connecting the port in Dongjiakou.
2019	The A share of the Company was listed on the Main Board of Shanghai Stock Exchange
2020	The Publicity Department of the Central Committee of the Communist Party of China awarded the honorary title of “Model of the Times” to “Liangang Innovation Team” of the Qingdao Port.
2021	Qingdao Port has completed the world’s first intelligent air-rail collection and distribution system (demonstration section), which has achieved a revolutionary breakthrough and upgrade of port traffic from a single plane to a three-dimensional interconnection, successfully solved major industrial problems in the field of port collection and distribution, and created a new mode of three-dimensional transportation pattern for port.
2022	QQCTN has broken the world record of handling efficiency of automatic container terminals for the ninth time with the efficiency of 60.18 units/hour of average single-machine operation rate of the bridge crane, and has become the efficiency benchmark of global ports.
2023	Qingdao Port fully automated container terminal has been awarded “Five-star Intelligent Port” and “Five-star Green Port” by the China Ports and Harbors Association, which signified that Qingdao Port fully automated container terminal has become the first and only “Double Five-star” port in China in terms of both intelligence and greenness.