Four Major Contracts Signed for Yantian Port’s Eastern Operating Area Project
The Yantian Port East Operating Area will mark the starting point of another stage in Yantian International’s development.
On December 14, a signing ceremony was held for Phase I of the container terminal project in the East Operating Area of Yantian Port, Shenzhen Port.
Guests including Hu Chaoyang, Chairman of Yantian Port Group and Chairman of Yantian Port East International Container Terminal Co., Ltd.; Zeng Jianpeng, Executive Deputy District Mayor of Yantian District, Shenzhen; and Dong Yanze, Director of the Port and Shipping Division of the Shenzhen Municipal Transport Bureau, attended the signing ceremony.
According to reports, the Shenzhen Port Yantian Port East Operating Area Container Terminal Project (the “Yantian Port East Operating Area Project”) has a total investment of approximately RMB 10.9 billion. It is listed among the major infrastructure projects in the national 14th Five-Year Plan and the Outline Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area. As a key project for Guangdong Province and Shenzhen, it will become a world-class smart, green port area. The signing marks the project’s entry into the full-speed construction phase.
Yantian International said that in this new era of shipping, the Yantian Port East Operating Area will serve as the starting point of another stage in its development.
Cen Qicheng, Managing Director of Yantian Port East International Container Terminal Co., Ltd.
Cen Qicheng, Managing Director of Yantian Port East International Container Terminal Co., Ltd., said that the East Operating Area will become an automated, intelligent and green operating area, and an important showcase for port and shipping development in South China and across China.
Cen said, “With the Industrial and Commercial Bank of China and the Agricultural Bank of China providing early-stage loans for the project, and China Harbour Engineering Company Fourth Harbor Engineering Co., Ltd., Shanghai Zhenhua Heavy Industries Co., Ltd. and SANY Heavy Industry serving as long-standing Yantian Port partners and equipment suppliers, we have full confidence that the East Operating Area will become a world-class automated terminal, with high-quality port construction and the application of innovative equipment.”
Dong Yanze, Director of the Port and Shipping Division of the Shenzhen Municipal Transport Bureau
Dong Yanze, Director of the Port and Shipping Division of the Shenzhen Municipal Transport Bureau, said, “The Yantian Port East Operating Area Project is a key site for building China into a country with strong transportation, developing a world-class port cluster in the Guangdong-Hong Kong-Macao Greater Bay Area, establishing Shenzhen as a global ocean center city, and enhancing Shenzhen’s overall international shipping competitiveness. It is also a vital foundation for Shenzhen’s development as a national logistics hub city centered on its port, and an important model for the intelligent, green and modern development of Shenzhen Port.”
Dong stressed that, as Premier Li Keqiang said during his visit to Yantian Port in August this year: “In the future, we will build the East Port Area and expand Yantian Port. It will become one of the world’s largest ports, and that is the direction we will work toward!”
Zeng Jianpeng, Executive Deputy District Mayor of Yantian District, Shenzhen
Zeng Jianpeng, Executive Deputy District Mayor of Yantian District, Shenzhen, said, “The port is Yantian’s most strategic resource, its most important platform for development, and its most prominent city landmark. The Yantian Port East Operating Area Project is a major national project under the 14th Five-Year Plan and is of great significance to Yantian’s development as an international shipping hub. The Yantian District Committee and Government will continue to fully support construction of the East Port Area project, helping build the world’s smartest, most advanced and greenest terminal and creating a core area for an ocean center city with even greater global influence.”
Four agreements were signed that day.
Signing ceremony for the project’s early-stage loan syndicate
Yantian Port East International Container Terminal signed an early-stage loan agreement totaling RMB 3.2 billion with a syndicate comprising two banks.
The loan is led by the Shenzhen Yantian Sub-branch of the Industrial and Commercial Bank of China, with the Shenzhen Yantian Sub-branch of the Industrial and Commercial Bank of China and the Shenzhen Eastern Sub-branch of the Agricultural Bank of China participating. It will provide ample support for construction of the Yantian Port East Operating Area Project.
Signing ceremony for the terminal and revetment construction contract
The Yantian Port East Operating Area Project will build three automated container berths, each with a capacity of 200,000 tonnes. The quay will be 1,470 meters long, with a depth of 18.0 meters at the berth face and a designed annual throughput capacity of 3 million TEUs.
The project will be efficiently connected with and operated in coordination with Yantian Port’s Central and Western Port Areas, consolidating its position as the world’s largest single container terminal and further enhancing Yantian Port’s operational capacity. It will also serve as an important platform for Shenzhen’s development as an ocean center city.
Signing Ceremony for the Procurement Contract for Double-Trolley Quayside Container Cranes
The East Operations Area project at Yantian Port will vigorously advance the development of an automated, smart and intelligent terminal. The double-trolley quayside container cranes procured from ZPMC are among the most advanced automated equipment in the world. They will not only boost operational efficiency, but also be capable of handling vessels larger than the world’s largest container ships today.
Signing Ceremony for the Procurement Contract for Fully Automated Rail-Mounted Container Gantry Cranes
To build a world-class smart port at Yantian Port’s East Operations Area Phase I, world-class port infrastructure, hardware and smart technologies are needed. The fully automated rail-mounted container gantry cranes procured from SANY are world-class equipment, offering advantages in intelligence, safety and flexibility.
Yantian International stated that, from this new starting point, it will continue to develop a “smart, green, world-class port” for the new era, strive to build an international shipping hub of an even higher standard, and contribute more to the development of the Shenzhen Pilot Demonstration Zone and the Guangdong-Hong Kong-Macao Greater Bay Area, while empowering China’s foreign trade and global supply chains.
