Archive for the 'bonded area' Category

Maersk line, the world’s largest container shipping company, has transferred its foreign container business in the Qingzhou Terminal at the Mawei Port Area of the Port of Fuzhou, Southeast China, to the Jiangyin Port Area.

The Jiangyin Port Area, with deeper water than the Qingzhou Terminal, has a processing area for exported products, 283,000 sq m of logistics yard, a dedicated passenger line between Jiangyin and Fuzhou and 25 hectares of container yard at the 100,000-tonnage No. 3 and No. 2 container berths.

To adds to this there will be a bonded logistics area and other supporting facilities such as gas station and bank offices.

Maersk line expects to handle 100,000 containers in the Jiangyin Port Area this year.

This is part of an overall expansion in shipping routes and a drive to promote more cargo sources.
Source: CargoNews Asia

There will be a special export zone in the southern island province of Hainan. The Yangpu Bonded Port Area will enjoy tax breaks and other preferential policies similar to three zones in Shanghai, Tianjin and Dalian according to Shanghai Securities News.

Vice province governor Jiang Sixian said at a press conference that the port is expected to become a logistics hub as well as an export center for petrochemicals.

He said, ‘It’s conducive to faster economic growth of Hainan and the whole region.’

The Yangpu Port will be built up in three phases with the first phase already started and will eventually cover an area of 9.2 square kilometers with an annual throughput of 70 million tonnes

The first phase of construction had already started, said Jiang Sixian.

RMB50 billion will be spent on construction and the area will host industries with a total output value of RMB100 billion, generating RMB12 billion in taxes annually by 2012.

Yangpu bonded harbor area borders the ASEAN trading zone, is close to key international shipping routes, and has a deep-water shoreline of more than 50 km where 80 berths with dead-weight-tonnages of up to 300,000 tons can be built.
It will be the closest industrial base to the oil and gas resources in the South China Sea.

Our illustration shows shows a 300,000 ton-class oil tanker anchored at Yangpu Port in south China’s Hainan Province.

China’s first African logistics terminal, which is seen as an important development in Sino-Africa trade relations, has opened in Tianjin, seen here, north China’s biggest port city.

The Tianjin Port GMT Africa International Logistics Terminal, located in the Tianjin Port Free Trade Zone, covers an area of 60,000 square meters including a 5,500-square-meter warehouse.

The terminal will deal with Sino-Africa imports and exports.

Trade between China and Africa has witnessed rapid development in recent years. Statistics show Sino-Africa trade volume brought in $55.5 billion in 2006, up 40% over the same period of 2005.

Sino-African trade volume through Tianjin port reached 3.36 million tons in 2006, up 63.3%.
Source: China View

Chinese Premier Wen Jiabao, seen in our illustration, said in Dalian that the aim is to make Dalian not only a major harbor along China’s northeast coast but also a shipping center of Northeast Asia.

He said that all projects under construction should be carefully designed and planned and lead the way in the region. The premier urged the city to take a scientific approach to development and balance the economic development with environmental protection to turn Dalian into a well-developed, harmonious and ecologically beautiful city.

He had just attended the Summer Davos meeting in Dalian and said, ‘Good environment is one of the reasons why Summer Davos was held here. Some 1,000 foreign participants could not only visit local enterprises but also enjoy the blue sky with white clouds and experience Dalian’s efforts in energy-saving and sustainable development.’

While in Dalian, the premier visited Datyaowan bonded zone and the new harbor under construction.
Source: China Daily

An informational session was hosted at Schneider National headquarters in the United States with representatives from the Tianjin Economic-Technological Development Area (TEDA) in northern China.

While the Tianjin Economic-Technological Development Area has drawn investment from big companies like John Deere, Motorola and Coca-Cola, it is also seeking mid-sized and small businesses for investment in China.

Zhong Qiang Yang, vice president of the TEDA Administrative Commission, said through a translator, ‘There’s a huge potential market in China in terms of the biggest population in the world. In the TEDA, the average investment return rate is about 10%. It is not achieved though cheap labor costs; it is achieved because of the size of the market you’re gaining.’

Zhong Qiang Yang said, ‘For the medium- and small-sized businesses, there are two scenarios: They can follow the bigger players, such as Motorola who attract small-sized companies which can be their customers or their suppliers.

‘Another type of small- and medium-sized enterprise are the pioneers, they can see the potential market opportunity in China, so they invest and some of them grow pretty fast.’

He said they have set up their system to provide technical and market support along with grants for high-tech industry to firms interested in moving to the region.

Schneider first went to China in the fall of 2005 to provide transportation and logistics consulting. Earlier this year, the company was granted authority to operate as a domestic carrier and logistics services provider in the country.

Schneider — which has a logistics office in the Tianjin Economic-Technological Development Area — has been working toward the acquisition of a trucking company in China.
Source: Green Bay Gazette

The reclamation at Tianjin’s Dongjiang port is for a land belt 10km long and 3km wide forthe construction of berths.

According to Yu Rumin, general manager of the Tianjin Port Group’s Customs and quarantine facilities the first batch of six container berths with a draught of 18m will be completed at Dongjiang, will be completed by the end of 2007. As will the first phase of the logistic processing zone, covering four sq km.

The six berths, run by a joint venture of Tianjin Port and PSA of Singapore and costing 871.5 million, will have a capacity of four million TEUs a year.

The current bonded port and zone will become the Dongjiang Free Port and the Tianjin Free Trade Zone, according to a blueprint drawn up by the Tianjin municipal authority. Together with Tianjin Port, the area will be the core of the Binhai New Area, identical to the Pudong New Area in Shanghai.

Yu Rumin said, ‘The Dongjiang Free Port will be a pioneer project for China in supply chain management.’

The bonded zone’s director, Feng Zhijiang, said the zone would consolidate its role as an international supply chain centre and serve Northeast Asia. A trade and financial centre will be built at the zone to facilitate exports and imports for central and western China. The zone will also comprise an aviation industrial park, an airport bonded zone, and a free-trade logistics park.
Source: Cargonews Asia

China now has a harbor area with preferential tax rates in the north-eastern city of Dalian. This is pretty important as it is a major step towards forming a free trade zone between China, Japan and the Republic of Korea.

The Dayaowan Bonded Harbor Area, at the Dagushan Peninsula in the northeastern part of Dalian, enjoys preferential taxation and foreign exchange policies.

Zhang Shikun, director of the Dalian Bonded Area Administrative Committee, said, ‘It will remove tariffs for foreign cargo and offer tax rebates for domestic cargo. It will also exempt businesses from value added taxes and consumption taxes if they trade with each other.’

The first phase of the area covers 3.06 square kilometers and includes warehouses, cold storage facilities, a container terminal and processing and logistics services.

About RMB200 million ($25 million has been spent on the construction of the area.
The second phase is expected to be finished by the end of next year, expanding the area to 6.88 square km.

The Dalian port is the seventh largest in China and handled 200 million tons of cargo and 30 million containers (TEUs) last year.
Source: China Daily

Just beyond China’s largest northern imports harbor, Tianjin Harbor, is an island formed from repossessed land. The concept started with the Dongjiang Bonded Harbor Area, set in Tianjin Harbor, which was established in 2002.

In August of 2006, China officially authorized ten square kilometers for the establishment to be China’s second official bonded harbor area, the largest one to date.

With the State Council’s permission, Tianjin’s Dongjiang Bonded Harbor Area will enjoy the same preferential policies as Shanghai’s Yangshan Bonded Harbor Area. Goods that enter the port will be bonded, and goods that leave the port to enter the mainland for sale will follow the same regulations as do normal imports.

Domestic products that enter the bonded area will be treated as exports and have the right to claim a tax rebate. Companies in the area, when doing business with each other, do not have to pay increment duties and sales taxes.

Dongjiang Bonded Harbor Area will have more privileges than Yangshan Bonded Harbor Area in that it will be experimenting with new customs and finance reforms and innovations, as well as developing offshore businesses.

To date, Dongjiang Bonded Harbor Area’s reclaimed area of land has already extended over thirteen square kilometers, and has used over 100 million cubic meters of what is best called mud which later becomes earth.

The port will start to operate at the end of the year with four square kilometers up and running as part of the closed port operations.

Dongjiang Bonded Harbor Area’s single-term project will focus on two areas: container terminals and logistics processing.

The container terminal, with an investment of RMB6.5 billion, is developing smoothly. Then, at the end of this year, six 100,000 ton container terminal berths will go into production. By that time, the logistics processing zone will be 400,000 square meters of construction.

All of which might sound a bit like accounting procedures taking over logistics. In fact, it is a way of making logistics smoother, easier to handle and, importantly, more profitable. Because of the size of the future plans one can make a guess that within, say, ten years, in world container traffic we will have Shanghai one, Tianjin two and the rest of the field some way back.
Source: People’s Daily Online