Yangzhou Yuanyang International Port Co., Ltd. (Yuan-Yang, abbr. hereafter),
with its registered address at South Yangtze Road in Yangzhou, Jiangsu Provicne,
is a Sino-foreign joint venture co-invested by COSCO Pacific Limited,Yangzhou
Port Co., Ltd. and Zhangjiagang Win Hanverky Container Terminal Co., Ltd.
COSCO Pacific Limited specializes in port business, container production,
leases and logistics, the fifth biggest port operation & management corporation
in the world, the fifth biggest container leasing corporation in the world
and the first in Asia, and the first biggest logistics corporation in China.
China Ocean Shipping (Group) Company, the proprietary company of COSCO Pacific
Limited, having the biggest special shipping fleet in Asia, is the first
biggest shipping group in China. In 2004, COSCO with a complete and powerful
business network in the world, entered China’s Top 500 Enterprises, listed
at No.21. Yuan-Yang has its business
covering the development & construction of port, the loading and unloading,
storage, transfer, dismounting and inspection of bulk & general cargo
like import/export container and timber/lumber and other business concerned,
cargo handling & transport as agency from domestic ports to the world
and the other ports in China, and lease & consultation services. In 2004,
Yuan-Yang, as member of China Road Transport Association and State Grade-II
Freight Enterprise, took the opportunity to speed up its investment and the
development of Yangzhou Port as well, becoming the biggest logistic enterprise
in Yangzhou and making great contribution as a platform to boosting the Yangzhou
City upon Yangzhou Port, which has now been China’s second biggest feeder
port for imported timber. Yuan-Yang now transfers more than 50
types of goods and materials, with timbers & steels, phosphate ore & iron
ore as well as chemicals & feeding stuffs as 3 leading kinds. The cargo
handling capacity of the year 2004 exceeded 5,000,000 tons, and that of containers
exceeding 130,000 TEUs, with a two-digit growth. In 2004, up to 39 second-carrier
shipping companies entered Yangzhou Port, including some giants both at home
and abroad like COSCO, China Shipping, MAERSK, OOCL, HMM, EVG, CMA, ZIM,
HJ and KL, etc, and so did 9 shipping companies of domestic feeder services
and 4 barge line companies. It has over 30 voyages for containers every week
covering domestic and overseas water transportation business. |