Core Viewpoint - The Qingdao Port has officially launched its second 400,000-ton ore terminal, becoming the first port in China to have two 400,000-ton ore terminals and the first in northern China to possess a smart terminal for dry bulk cargo [1][3]. Group 1: Terminal Capacity and Technology - The new terminal, which began construction in December 2022, includes one 300,000-ton iron ore berth designed to accommodate 400,000-ton bulk carriers, increasing the terminal's throughput capacity by 16 million tons per year and enhancing storage capacity by 10 million tons [3]. - The terminal integrates advanced technologies such as 5G, artificial intelligence, and cloud computing, featuring a smart dry bulk terminal operating system (iGTOS) that enables real-time monitoring, intelligent decision-making, and digital perception throughout the production process [3][4]. - The terminal is equipped with the latest automated equipment for unloading, loading, blending, and supply, marking a transition from traditional operations to smart services in the domestic ultra-large dry bulk terminal sector [3][4]. Group 2: Industry Impact and Trends - The trend of increasing ship sizes is evident, with the first 400,000-ton ore terminal in the Dongjiakou area receiving its first large vessel in 2015, marking the beginning of the "large vessel era" in China's dry bulk operations [4]. - By September 2025, the first terminal is expected to have handled over 460 large vessels, totaling 160 million tons, with the second terminal's throughput capacity expected to exceed 56 million tons, providing a "round-the-clock, high-efficiency" transportation artery for iron ore to steel enterprises in China [4][5].
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