On March 27, Shandong Port Group (SPG) joined hands with CMA CGM, Mediterranean Shipping Co and Tailwind Shipping Lines to hold a ceremony for the opening of five international ocean-going direct container lines.
Weihai, a coastal city at the easternmost end of Shandong province facing South Korea and Japan, will continue to chart its path to modernization through developing the modern marine economy, including expanding maritime trade channels, the city's mayor said.
Shandong Port Group, the world's largest port conglomerate by cargo capacity, is accelerating its efforts to build a world-class port, as its bold and innovative measures of integrated processes have borne fruit in recent years, top executives said recently.
Shandong province recently issued the Deepening Reform and Innovation Plan for the China (Shandong) Pilot Free Trade Zone, in which constructing an "innovative zone for marine economy" plays a vital part.
Marine industry in the coastal city of Yantai, East China's Shandong province saw robust development in 2022.
Shandong province will speed up construction of world-class sea ports, a well-established modern maritime industry system, and a green and sustainable marine ecological environment.
Yantai Port reported huge growth amid the COVID-19 pandemic and the rapid changes in the global economic environment, according to official data released by the port group on Dec 20.