Qingdao expects more growth as first half box volume tops 7 million TEU

PORT of Qingdao announced that its half-year container throughput this year has exceeded 7 million TEU, while its throughput tonnage has exceeded 200 million tonnes, Xinhua reports.

This year, Qingdao will spend more than CNY10 billion (US$1.57 billion) on port projects. 12 new berths will be built at the Dongjiakou port area. By the end of next year, Dongjiakou will have a capacity of 222.6 million tonnes. By 2015, Dongjiakou's throughput will hit 300 million tonnes, while Qingdao's throughput will reach 600 million tonnes.