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Zhoushan Port aims to become first-class hub port

Updated : 2022-04-22 (chinadaily.com.cn)


An oil tanker berths at Zhoushan Port. [Photo/WeChat account: china-zjftz]

Zhoushan Port in Zhoushan, East China's Zhejiang province, has been making efforts to become a global first-class hub port, local media reported on April 21.

In the first quarter of this year, the port's cargo throughput reached 147.73 million metric tons, a 5.32 percent year-on-year increase, its bonded bunker oil supply totaled 1.37 million tons, up 15.9 percent annually, and it invested 2.06 billion yuan in fixed assets related to water transport, a year-on-year increase of 144 percent.

Zhoushan Port also performed well in the following areas from January to March.

The actual utilization of foreign investment by oil and gas industries was valued at $170 million, a year-on-year increase of 57 percent and accounting for 44.7 percent of the annual target.

A total of 31.1 billion yuan ($4.82 billion) in oil and natural gas was traded online at the international oil and natural gas trading center, a year-on-year increase of 268 percent and accounting for 31.1 percent of the annual target.

The oil and gas throughput of its bulk commodity storage and transportation base grew by 11.1 percent on a yearly basis to 37.5 million tons, accounting for 27.8 percent of the annual target.

The international petrochemical base processed 8.84 million tons of crude oil, an increase of 37.9 percent from a year ago and accounting for 20.6 percent of the annual goal, while the base's industrial output soared 90.4 percent year-on-year to 51.8 billion yuan, achieving 28.8 percent of this year's target.