Supply-side structural reform measures have helped the water
transportation sector achieve significant cost savings last year,
according to officials.
In accordance with the new port fees and billing measures published
by the Ministry of Transport last July, eight port corporations and
groups have lowered their operation charges, in turn helping shipping
enterprises save about 5.66 billion yuan, said Yi Jiyong, deputy head of
the Water Transport Bureau under the Ministry of Transport.
By collaborating with China Railway Corp, the volume of containers
from rail and river sources at Chinese ports soared 34.8 percent
year-on-year to 1.75 million TEUs (20-foot equivalent unit) in the first
five months this year. The new transportation solution is expected to
result in savings of up to 13 billion yuan year, added Yi.
As part of efforts to promote the development of green shipping, the
central government has encouraged shore power applications and provided
740 million yuan worth of subsidies between 2016 and 2018 to such
In addition to shore power development, Shanghai’s fully automated
container terminal, also know as the fourth phase of the Yangshan Port
project, also boasts zero carbon dioxide emissions thanks to its unique
energy consumption structure, said Zhang Lin, deputy director of
Shanghai Municipal Transportation Commission.
The two officials made their comments on Tuesday during a news
conference for the upcoming China National Maritime Day on Wednesday. A
series of activities have been announced, including forums on maritime
cooperation, academic exchanges between maritime colleges and the launch
of youth summer camps across the country.
The Maritime Day of China was initiated in 2005 to mark the 600th
anniversary of the first ocean voyage of Zheng He, the Ming dynasty
(1368-1644) navigator, who made seven overseas voyages for cultural and
economic exchanges with the rest of the world.