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Hainan free trade port sees first inter-continental shipping service

Photo: Hainan Free Trade Port Hainan free trade port.jpg
China’s Hainan free trade port recently saw the launch of its first inter-continental shipping service at Xiaochantan terminal, Yangpu port.

The newly launched Yangpu-South Pacific-Australia shipping route, connecting ports in China, the Philippines, Papua New Guinea and Australia, is to offer a direct shipping service for the trade of coconuts, beef, minerals, logs and consumer products between China and South Pacific-Australia.

The service is provided by Cosco Shipping Lines, the container shipping unit of Cosco Shipping Group, deploying two 1,740 teu boxships on biweekly schedule.

The opening of this new service is a breakthrough for Hainan on intercontinental shipping route operation, and marked the beginning of an international container hub port development of Yangpu.

Xiaochantan terminal posted 497,000 teu container throughput during the period of January and August this year, an increase of 66% year-on-year. Among which, the foreign trade container volume was 118,000 teu, a huge surge of 432% year-on-year.