Port of Ningbo
Jointly founded by Ningbo Port Group, China Mechants International Container Terminals and other six companies, Ningbo Port Group Stock Co., Ltd., was officially launched on April 18th, 2008, which means Ningbo Port’s initial public offering is on countdown.
Ningbo Port Group Co., Ltd. was established in April 2004 when the former Ningbo harbor Bureau separated government functions from enterprise management as per the requirements of the State Council and Ningbo City on Reform of Port Management System. For the four years since its establishment, the port has achieved a sustained, rapid and healthy development with all the production and operation indicators coming up top in port industry in China. The port has remained the second in cargo throughput and the 4th in container throughput in China (world’s top 11th )
Based on this new starting point, the newly established Ningbo Port Stock Co., Ltd. adopts perfect corporation governance structure, sound internal control system and sufficient construction capital and resource to gear with the international market, ensure preservation and appreciation of state assets value and to return the shareholders and the society by an outstanding performance.
Ningbo Port Stock Co., Ltd. was formerly named Ningbo Harbor Bureau. Ningbo Port is composed of Beilun Port Area, Zhenhai Port Area, Ningbo Port Area, Daxie Port Area and Chuanshan Port Area and is a multi-functional and comprehensive modern deep-water port integrated by inner river port, estuary port and sea port. Presently, the port has 309 productive berths, including 60 10,000-dwt deep-water berth or above. The largest terminals including a 250,000-dwt crude oil terminal, 200,000-dwt ore stevedoring terminal (also capable of berthing 300,000-dwt ships), the 6th generation specialized international container berth and 50,000-dwt specialized liquid chemical products berth. The port has open to navigation to more than 600 ports in over 100 countries and regions around the world. Ningbo Port mainly engaged in stevedoring, storage and transfer of imported iron ores, domestic and foreign trade containers, crude oil and product oil, liquid chemical products, coals and other bulk cargos. The cargo throughput of Ningbo Port was 345 million tons in 2007, increased by 12% year on year, second only to Shanghai Port and ranking the second among ports in China. Despite of slowdown of world economy in 2008, the container throughput of Ningbo Port hit the breakthrough of 10 million to 10,846,000 TEUs, an increase of 16% year on year. As a result, the port ranked among world’s Top 10 ports, ascending to 8th from 11th.
- Time Zone: GMT+8
- Official Currency: CNY
- Anchor Depth: 7.1m - 9.1m
- Cargo Depth: 4.9m - 6.1m
- Oil Terminal: 4.9m - 6.1m
- Type of Harbor: River Natural
- Harbor Size: Small
- Dry Dock: Small
- Railway: Small
- Max. Size: Over 500 feet in length
- Max. Size: Moderate
- Shelter Condition: Good
Port of Ningbo Reviews
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