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Cargo trains put Yingkou port on track for success
About eight hours after the opening ceremony of the Liaoning FTZ, a cargo train with 41 containers pulled out of Yingkou port en route to the Russian capital Moscow, more than 6,000 kilometers away. This Yingkou-Europe Train, launched by the Yingkou Port Group Corp in 2013 has helped shorten the transport time by half compared to traditional marine transport, with logistics’ costs dropping by some $1,000 per container, according to the company. “The opening of this international logistics channel helps the flow of goods in Northeast Asia and facilitates the establishment of a Liaoning-centered integrated logistics system in the region,” said Zhao Mingyang, deputy general manager of Yingkou Port. He told China Daily the port has been operating 11 Europe-China trains that link seven cities in four countries since the Belt and Road Initiative was launched in 2013. It shipped a total of 33,000 twenty-foot equivalent units last year, a year-on-year increase of 30.8 percent. Source: China Daily
Yingkou
NORTHEAST China's Yingkou port posted a 20 per cent throughput increase to 66.1 million tonnes and moved 27 per cent more containers to 1.05 million TEU in the first quarter, reports Xinhua. The port recorded 4,277 ships entering and exiting with a daily movement of 65 ships, growing 19 per cent in the first three months despite difficult ice conditions.
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