Excerpt from:  China Supply Chain and Logistics Strategy
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November 20, 2007

Qingdao port expansion to handle the fast growing demand

Qianwan Container Terminal expanding to an annual capacity of 12.5 million TEUs

A $1 billion USD project, invested by Cosco Pacific, AP Moller-Maersk Group, and two other investors, is underway to extend the existing Qianwan Container Terminal, the fourth-largest container port in China. The Qianwan Container Terminal currently handles over 6.5 million TEUs every year with the 11 berths. With the construction of the additional 10 berths, the new terminal will increase the annual handling capacity to 12.5 million TEUs. 


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