NZP(SH:601018) Sou Hu Cai Jing·2026-01-05 13:17Core Insights - Ningbo-Zhoushan Port is projected to handle over 1.4 billion tons of cargo throughput by 2025, maintaining its position as the world's largest port for 17 consecutive years [2] - The port aims to achieve a container throughput of over 43 million TEUs, ranking second globally after Shanghai and Singapore [2] Group 1: Port Overview - Ningbo-Zhoushan Port is strategically located at the intersection of coastal and Yangtze River shipping routes, serving as a crucial container deep-sea port and the largest iron ore and crude oil transshipment hub in China [2] - The port was formed in 2015 through the merger of Ningbo Port and Zhoushan Port and became the first port globally to exceed 1 billion tons in annual cargo throughput in 2017 [2] Group 2: Container Shipping Development - In 2024, the port is expected to complete a container throughput of 39.3 million TEUs, surpassing 43 million TEUs last year, making it the only port globally with a dual 10 million TEU terminal cluster [2] - The port's capacity is supported by the unique ability to accommodate two 400,000-ton ore carriers at the Shulanghu ore transshipment terminal [2] Group 3: Global Connectivity and Infrastructure - As a hub of the "21st Century Maritime Silk Road," Ningbo-Zhoushan Port is expanding its global shipping network, with 309 container routes connecting over 700 ports in more than 200 countries and regions by the end of 2025 [3] - The port has over 110 sea-rail intermodal routes, covering 69 cities across 16 provinces, and plans to handle over 2 million TEUs through sea-rail intermodal services [3] Group 4: Navigation and Capacity Enhancements - The completion of the 300,000-ton class expansion project for the Tiaozhoumen waterway marks a significant milestone in the port's construction, enhancing the navigation capacity for ultra-large vessels by over 50% [3] - The port has entered a "dual-channel era," allowing for all-weather navigation of the world's largest container ships and improving the efficiency of bulk commodity and container transportation [3]