Huanghua Port Co., Ltd, 70% owned by China Energy Investment Corporation (CHN Energy), saw total coal handling exceed 2 billion tonnes as of June 4 this year since its operation.
The company, co-founded by CHN Energy and Hebei Construction and Investment Group in 1998, is a key link for CHN Energy's coastal coal delivery and the whole integrated industry chain.
Since commercial operation, Huanghua Port realized 10-million-tonne growth in coal throughput for five consecutive years, and broke through 100-million-tonne mark for the first time in 2012, and then broke through 200 million tonnes in 2018.
During sluggish demand period affected by the Covid-19 pandemic early this year, the company has been stepping up efforts for equipment efficiency enhancement.
In January-May, its vessel loading efficiency was lifted by 2.7% year on year, while rail unloading efficiency for Phase II project was lifted by 10.1% from a year ago.
Despite fierce competition among ports in Bohai Bay, Huanghua Port saw market shares rise 2.6 percentage points to 30.6%.
Huanghua port's coal area operated by the company has 17 coal berths, two comprehensive cargo wharfs and one oil wharf at present. The area has a total coastal line of 12.5 km available for development and construction, 11.65 km2 of land area and 12.35 km2 of water area.
Source:sxcoal
The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.
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