Core Insights - The "2025 Global Shipping Center Development Index Report" indicates that Qingdao has improved its ranking from 15th in 2024 to 13th in 2025 among the top 20 global shipping center cities, reflecting progress in its international shipping center construction [1][3][5] Group 1: Global Shipping Industry Overview - The shipping industry accounts for 80% of global goods transportation, serving as a vital artery for global trade and regional economic prosperity [3] - The report evaluates 43 global shipping center cities based on port conditions, shipping services, and overall environment, providing a comprehensive assessment for policymakers and industry stakeholders [3] Group 2: Qingdao's Shipping Center Development - Qingdao's port has a vast economic hinterland, robust infrastructure, and advanced container terminal automation technology, positioning it as a key hub in China's transportation system [3][5] - The port's cargo throughput reached 710 million tons, and container throughput reached 30.87 million TEUs, ranking 4th and 5th globally, respectively [3] Group 3: China's Shipping Centers Performance - During the 14th Five-Year Plan period, major Chinese shipping centers have shown steady improvement in rankings, with Shanghai and Hong Kong maintaining 3rd and 4th positions globally [5] - Qingdao's shipping service score ranks 16th, indicating a significant gap between its soft and hard power in shipping services [5] Group 4: Future Development Plans for Qingdao - Qingdao's "International Shipping Center Construction Three-Year Action Plan (2024-2026)" outlines 13 key tasks aimed at enhancing its shipping center capabilities [7][8] - By 2026, Qingdao aims to achieve a cargo throughput of over 770 million tons and container throughput exceeding 36 million TEUs, with a target of establishing a world-class international shipping center by 2035 [8]

Core Insights - The article highlights the continuous improvement of Nanjing's water transport port capabilities with the addition of three new officially or temporarily opened terminals, enhancing the city's status as a regional shipping logistics center [1][9]. Group 1: Terminal Developments - Three new terminals have been opened this year, focusing on ship repair, high-end manufacturing, and automobile logistics, filling gaps in Nanjing's waterway services [3][9]. - Nanjing now has 60 berths capable of accommodating vessels over 10,000 tons, including temporary berths, indicating a significant enhancement in port functionality [9]. Group 2: Company Performance - Nanjing Yangtze Oil Transport Longtan Ship Engineering Co., Ltd. has received approval for its four 50,000-ton berths to operate internationally, significantly increasing its capacity for ship repairs from 20 to 40-50 vessels annually [4][5]. - The company has achieved over 55 million yuan in foreign trade revenue from repairing 29 foreign vessels since its temporary opening in April 2023 [4]. Group 3: Economic Impact - The opening of the terminals is expected to stimulate the local economy by attracting high-end logistics and ship component manufacturing companies, with high-end clients now making up 65% of the company's customer base [5][6]. - The establishment of specialized terminals has reduced delivery costs and risks for shipbuilding companies, facilitating direct international shipping for Nanjing-made vessels [6][7]. Group 4: Strategic Importance - The new terminals are part of a broader strategy to enhance Nanjing's role as a regional shipping logistics hub, integrating various transport modes and improving international connectivity [8][9]. - Nanjing's port has achieved a record depth of 12.5 meters, allowing for year-round access for 50,000-ton vessels, and has expanded its international routes to 15, connecting to regions such as Southeast Asia and South America [8].

截至2025年7月11日收盘，辽港股份（601880）报收于1.56元，较上周的1.51元上涨3.31%。本周，辽港 股份7月11日盘中最高价报1.57元。7月7日盘中最低价报1.51元。辽港股份当前最新总市值372.93亿元， 在航运港口板块市值排名8/35，在两市A股市值排名395/5149。 本周关注点 公司公告汇总 辽港股份公告了11宗仓储系列案件的最新进展，其中包括1宗案件原告撤诉又重新起诉；1宗执行完毕结 案；4宗案件执行中；2宗出具一审判决，暂未生效。上市公司作为原告1宗，被告8宗，涉案金额原告1 宗3亿元，被告8宗合计10.6亿元。具体案件进展如下：中国诚通国际贸易有限公司案维持原判，码头物 流公司已申请再审被驳回；物产中大金属集团有限公司案维持原判并已结案；福建省榕江进出口有限公 司案一审判决码头物流公司赔偿约3.36亿人民币及相应利息；青岛开投国际贸易有限公司案一审判决码 头物流公司赔偿约3.19亿人民币及相应利息；重庆渝丰进出口有限公司案维持原判并进入执行阶段；福 建大山谷矿业投资有限公司案撤诉后重新起诉；新汶矿业集团物资供销有限责任公司案二审判决赔偿 1,418.61万元；青岛中兖贸易 ...

Core Insights - Wuhan's transportation system is set to invest 52.82 billion yuan in 2024, with the transportation, warehousing, and postal sectors expected to grow by 11.4% to reach 115.467 billion yuan, leading the city's economic growth [1] Investment and Economic Growth - The fixed asset investment in Wuhan's transportation system for 2024 is projected at 52.82 billion yuan [1] - The added value of the transportation, warehousing, and postal sectors is expected to reach 115.467 billion yuan, reflecting an 11.4% increase from the previous year [1] Infrastructure Development - The road network is being enhanced with the inclusion of G230 and G348 national highways into the national planning, boosting Wuhan's status as a regional transportation hub [1] - The construction of the Yangtze River Central Shipping Center is accelerating, with 70 new routes established to improve the efficiency of intermodal transport [1][2] Rail and Air Transport Expansion - The China-Europe Railway Express (Wuhan) has added 5 new routes to Belarus, Norway, and Sweden, bringing the total to 57 routes, covering 40 countries and 119 cities [2] - Wuhan Tianhe International Airport has expanded to 114 operational routes, solidifying its position as a key passenger hub in Central China, while the Ezhou Huahu Airport has opened 30 international cargo routes [2][3] Performance Metrics - In 2024, Tianhe Airport is expected to handle 31.4062 million passengers, reclaiming its position as the top airport in Central China [3] - The combined cargo throughput for Tianhe and Huahu airports is projected to reach 1.0383 million tons, ranking first in Central China and fifth nationally [3] - Wuhan Port's cargo throughput is anticipated to reach 142 million tons, with intermodal transport volume at 231,600 TEUs, leading in inland river transport [3]

Group 1 - The approval of the Longtan Shipyard for external operations has significantly enhanced the company's business capabilities, allowing it to transition from only servicing domestic vessels to also repairing foreign trade ships, resulting in increased foreign trade revenue [1][2] - Since the temporary approval in April 2023, the company has completed repairs on 29 foreign vessels, generating over 55 million yuan in foreign trade income, with expectations to service 40-50 international vessels annually after the official opening, effectively doubling its capacity [2] - The Longtan Shipyard's opening addresses the emergency repair needs of international vessels in the Nanjing section of the Yangtze River, reducing the need for vessels to travel to other cities for repairs, thus saving time and enhancing safety on the waterway [2][3] Group 2 - The Nanjing Municipal Bureau of Commerce has actively supported the Longtan Shipyard's opening by focusing on enterprise needs, enhancing services, and facilitating inter-departmental collaboration, ensuring a smooth implementation of the external operations [3] - The opening of the Longtan Shipyard is expected to create new job opportunities, strengthen the functionality of the Yangtze River Economic Belt's transportation corridor, and improve the service capabilities of the Nanjing port, contributing to stable foreign trade growth [3]

Group 1 - The Ministry of Transport conducted a comprehensive inspection of the "Building a Multi-level International Hub" and "Beihai Qiaogang Passenger Terminal Smart Port and Shipping Integration" pilot projects in Guangxi, confirming their innovative and demonstrative value [1][2] - The pilot projects have achieved their expected goals and are ready for acceptance, showcasing replicable and promotable advanced experiences [1] - The Guangxi Transportation Department has effectively advanced the pilot projects through strong leadership and detailed implementation plans, resulting in significant improvements in international transport capacity towards ASEAN [1] Group 2 - The "Beihai Qiaogang Passenger Terminal Smart Port and Shipping Integration" project aims to enhance safety and efficiency in passenger terminal operations, focusing on seven major risk prevention areas [2] - The project has successfully completed the smart transformation of the port, upgrading traditional passenger terminals to "safe, efficient, green, and economical" smart green passenger ports [2]

Report Information - Report Title: Key Container Ports and Critical Hubs Monitoring 20250709 [1] - Research Institute: Orient Securities Derivatives Research Institute - Department: Black and Shipping Department - Analyst: Lan Xi - Qualification Number: F03086543 - Investment Consulting Number: Z0016590 Core Viewpoints - In Asia, the superposition of typhoon season and export peak season will continue to put pressure on domestic port operations. The average stay time of ships in Qingdao and Yangshan Port is increasing, and port congestion in South China has slightly worsened. Congestion in Southeast Asia has significantly improved, and port operations are expected to cool down. [4] - In Europe, the previous strikes have continuously affected the operation of Antwerp Port. High - temperature weather, low Rhine water levels, and German railway construction have led to high utilization rates of German port yards and slow ship operations. Summer vacations and labor shortages will increase the risk of congestion in European ports. [4] - In North America, the scale of ships in the ports of the western United States has slightly increased, but the overall congestion is controllable, and the stay time of ships in ports has not significantly extended. [4] Data Summary 1. Port Ship Stay Time | Port Region | Latest Period (hours) | Month - on - Month Change (hours) | Year - on - Year Change (hours) | Monthly Average (hours) | Last Year's Same Period (hours) | | --- | --- | --- | --- | --- | --- | | Yangshan, China | 53.8 | 4.3 | 24.2 | 49.5 | 29.6 | | Ningbo, China | 42.0 | 1.9 | 4.5 | 40.1 | 37.6 | | Singapore, Southeast Asia | 35.3 | 3.8 | 1.4 | 31.4 | 33.9 | | Port Klang, Southeast Asia | 27.1 | - 22.1 | - 45.3 | 49.2 | 72.3 | | Busan, South Korea | 27.3 | - 4.1 | - 5.1 | 31.4 | 32.4 | | Rotterdam, Northwest Europe | 51.5 | - 6.2 | - 6.2 | 57.7 | 57.7 | | Hamburg, Northwest Europe | 68.6 | 10.1 | 8.9 | 58.6 | 59.8 | | Felixstowe, Northwest Europe | 55.1 | - 4.0 | - 1.0 | 59.1 | 56.1 | | Valencia, Mediterranean | 38.8 | - 3.9 | - 8.9 | 42.7 | 47.8 | | Piraeus, Mediterranean | 53.6 | - 5.0 | 4.4 | 58.5 | 49.2 | | Long Beach, Western US | 101.7 | - 6.9 | - 2.1 | 108.6 | 103.8 | | Los Angeles, Western US | 108.1 | 6.8 | 10.4 | 101.3 | 97.7 | | New York, Eastern US | 48.2 | 4.9 | - 15.1 | 43.3 | 63.3 | | Savannah, Eastern US | 49.0 | 3.3 | - 25.5 | 45.7 | 74.5 | | Santos, South America | 71.5 | 25.4 | - 32.3 | 46.1 | 103.7 | [7] 2. Port Ship Quantity and Waiting/Staying Time - **Asia**: Yangshan Port, Waigaoqiao, Ningbo Port, Qingdao, Singapore Port, and Port Klang have different numbers of ships at anchor/berth and average waiting/staying times. For example, Yangshan Port's average waiting/staying times are 29.6 hours/24.9 hours, and the latest number of ships at anchor/berth is 7/23. [4] - **Europe**: Ports such as Rotterdam, Antwerp, Hamburg, Bremen, and Valencia also have corresponding data. For example, Rotterdam's average waiting/staying times are 12.9 hours/41.4 hours, and the latest number of ships at anchor/berth is 3/29. [4] - **North America**: Ports like Long Beach, Los Angeles, Tacoma, New York, Savannah, Norfolk, and Houston have their own data. For example, Long Beach's average waiting/staying times are 0 hours/116.2 hours, and the number of ships at anchor/berth is 2/26. [4] 3. Large - Ship Arrival and Key Hub Monitoring - The arrival situations of large - scale container ships at ports such as Yangshan Port, Ningbo Port, and Singapore Port are monitored, including different ship - size categories (e.g., 1.2 - 1.7w and 1.7w+). [37] - The arrival situations of 1.2w+ container ships of different alliances (Gemini, OA, PA + MSC) at ports in Asia, Northwest Europe, and the Mediterranean are also monitored. [40][45] - The passage situations of container ships through key hubs such as the Cape of Good Hope, Suez Canal, and Panama Canal are presented, including the number of ships and container throughput. [42]

Group 1 - The core viewpoint of the article highlights the significant growth and operational efficiency of the Xiaoshan Port, which has achieved a container throughput of 98,100 TEUs in the first half of the year, representing a year-on-year increase of 88.19%, the highest among inland ports in the province [2] - The port has established a dense network covering 13 shipping routes, facilitating trade for over 900 foreign trade enterprises across various industries, including automotive, smart manufacturing, machinery, furniture, and textiles [2][3] - The "sea-river combined transport" model promoted by Xiaoshan Port has reduced logistics costs by 20% compared to road transport, making it an attractive option for businesses [2][3] Group 2 - A specific example illustrates that a company exporting air conditioners has reduced its container shipping cost from 2,000 yuan to 1,700 yuan per TEU by using the Xiaoshan route, saving approximately 1.5 million yuan annually [3] - The port is set to enhance its customs supervision capabilities with the construction of a facility equipped with H986, which will improve customs inspection efficiency and provide one-stop services for local manufacturing and foreign trade enterprises [3] - The overall development of the port is part of a broader strategy to enhance water transport infrastructure in Hangzhou, with plans to enable 128 TEU container ships to reach major inland ports, further lowering logistics costs [4]

Core Viewpoint - Guangxi is leveraging its geographical advantages to enhance high-level openness with ASEAN countries, focusing on infrastructure development and economic cooperation to build a closer China-ASEAN community of shared destiny [1][5]. Infrastructure Development - The construction of key projects like the Pinglu Canal and the Huangbai Railway is progressing, with over 100 billion yuan invested in railway infrastructure to improve connectivity [2][3]. - By the end of 2024, Guangxi's highway mileage is expected to exceed 10,000 kilometers, enhancing the road network's reach [2]. - The Pinglu Canal has seen an investment of 56.01 billion yuan, accounting for 77% of its total investment, and is set to be operational next year [3]. Transportation and Logistics - Guangxi has established various logistics models, including sea-rail intermodal transport and cross-border freight services, significantly improving operational efficiency [4]. - Container throughput at Beibu Gulf Port is projected to grow from 5.052 million TEUs in 2020 to 9.015 million TEUs by 2024, with an annual growth rate of 15.6% [4]. - The implementation of smart logistics systems at the Friendship Pass port has led to a 14.57% increase in vehicle traffic, with advanced technologies facilitating faster customs clearance [6]. Economic Cooperation - Guangxi's trade with ASEAN countries has shown robust growth, with imports and exports reaching 173.54 billion yuan in the first five months of this year, a 13% increase year-on-year [8]. - The total trade volume through Guangxi with surrounding provinces is expected to rise from 365.25 billion yuan in 2020 to 676.94 billion yuan by 2024, reflecting a 16.7% annual growth rate [7]. Digital Economy and Innovation - Guangxi is actively promoting artificial intelligence (AI) collaboration with ASEAN nations, aiming to establish an AI innovation cooperation center and several R&D platforms [11]. - The region has signed over 30 digital cooperation agreements with ASEAN countries in the past two years, enhancing cross-border digital technology applications [11][12]. - The upcoming China-ASEAN Expo will focus on AI and digital economy themes, showcasing Guangxi's commitment to innovation and cooperation [9].

Core Insights - Wuhan's government has released a three-year action plan (2025-2027) to promote high-quality development of the Yangtze River middle reaches shipping center, highlighting the progress in construction and operational metrics [3] Group 1: Port Performance - In 2024, Wuhan Port achieved a container throughput of 1.8763 million TEUs, accounting for 76.7% of Hubei province's total and 33.7% of the total in the upper and middle Yangtze River region, maintaining its position as the "first port in the upper and middle Yangtze River" [3] - Wuhan Port has 150 productive berths and has formed a container port cluster centered around Yangluo Port, with an annual container handling capacity exceeding 4 million TEUs and an annual throughput capacity of 150 million tons [3] Group 2: Intermodal Transport Development - Wuhan has established the largest inland rail-water intermodal hub, with over 50 opened channels, achieving a rail-water intermodal volume of 231,600 TEUs in 2024, a year-on-year increase of 44%, leading the nation in both total volume and growth rate [3] Group 3: Economic Development Initiatives - The Yangtze New Area is designated as the core area for shipping center construction, with over 2,000 enterprises gathered in the Yangluo Port area, 80% of which are industrial companies, focusing on industries such as steel processing, equipment manufacturing, and health [3] - The area aims to develop three major industries: port logistics, port manufacturing, and shipping services, transitioning the port hub into an economic hub [3] Group 4: Strategic Goals and Innovations - The New Area aims for a target of 10 million TEUs, an international port, and a shipping center, implementing a development path of "port + channel + network + platform + industry" [4] - Innovations in customs procedures, such as "joint boarding inspections" and "direct loading and unloading," have significantly improved clearance efficiency, reducing waiting times and costs for local automotive exports [4]