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Shandong Port and seven shipping lines target export of EVs and batteries

The north Chinese port group of Shandong is enhancing collaboration with leading shipping lines targeting electric vehicles (EVs), lithium-ion batteries and photovoltaic products.

Katherine Si, China Correspondent

March 21, 2024

1 Min Read
Shandong Port and shipping lines MoU
Photo: Shandong Port

Shandong port Group has inked Memorandum of Understanding (MoU) with seven shipping lines - Cosco ShippingMaerskCMA CGM, MSCEvergreen, SITC and Ocean Network Express (ONE) to promote the export of what it dubs New Three Cargoes. These are EVs lithium-ion batteries and photovoltaic products.

The port operator will jointly develop all-in-one package container services with the shipping lines to comprehensively improve Shandong port’s services and stabilise the industry supply chain. China has become a major exporter of EVs but is facing a crunch of car carrier capacity. Export of automobiles in containers is an alternative method of shipping where more capacity is available.

Both EVs and lithium-ion batteries have a potential for catastrophic fires if handled incorrectly as cargoes

“Cargo throughput and container volume at Shandong port exceeded 1.7bn tons and 40 million teu last year, attributed by the strong driving force from China economy and supports from partner lines, said Huo Gaoyuan,” Chairman of Shandong Port Group.

Shandong Port Group formed a ports cluster last year led by Qingdao Port, the major ports of Rizhao and Yantai, and also includes other facilities such as Weihai Port, Dongying Port, and Weifang Port.

Shandong port saw new 32 services in 2023 jointly with shipowners including 27 international-trading routes.

Related:Shandong Port Group sets up West Asia office in Dubai

About the Author

Katherine Si

China Correspondent

China-based Katherine Si has worked in the maritime industry since 2008 is well-connected with local industry players including Chinese owners and yards.

Having majored in English Katherine started at news portal ShippingChina.com where she rose to become a News Editor. In 2008 she moved to work with Seatrade and has since held numerous positions including China correspondent for Seatrade Maritime Review magazine.

With extensive experience in writing, research and social media promotion, Katherine focuses on the shipping and transport sectors.

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