HAIKOU /China/, March 19. /TASS/. Container cargo turnover of Yangpu Port in the southern Chinese province of Hainan reached a new record mark on March 10, exceeding 8 thousand TEU (the equivalent of a standard 20-foot container) for one day. This was reported by the Hainan Daily newspaper.
This is the highest indicator in a day over the entire period of operation of the port. The mark of 6 thousand TEU per day was overcome July 28, 2021, and on May 20, 2022, the turnover exceeded 7 thousand TEU.
By now, the total number of shipping routes of the port has reached 39. Of these, 18 are international routes, and the rest are domestic routes. They mainly cover coastal cities in China itself, as well as major ports in Southeast Asia. In 2022, Yangpu Port's total container cargo turnover was 1.5 million TEUs, an increase of 34% over 2021.
The Hainan government considers the construction of Yangpu Port's infrastructure as an important part of the province's free trade port project, with the goal of increasing both domestic and overseas cargo traffic. Work is actively underway to prepare Yangpu Port to meet the requirements for future cargo traffic of about 10 million TEU annually.
Chinese authorities intend to turn Yangpu Port in the northwestern part of the Hainan Island into a key hub for distributing the flow of goods from various regions of the PRC to Southeast Asia and Oceania, Europe and North America by 2035. Yangpu Port will play an important role in implementing the plan to form a new integrated maritime and land corridor, a project of China's National Development and Reform Commission aimed at accelerating and improving the efficiency of regional and global trade and economic projects and providing advanced customs and logistics services.
By 2025, it should become a regional transportation hub. The port is expected to handle up to 5 million containers per year by then.