The Port of Qingdao is a seaport on the Yellow Sea in the vicinity of Qingdao, Shandong, People's Republic of China. It is one of the ten busiest ports in the world.(7th in 2010 considering total cargo volume according to the Institute of Shipping Economics & Logistics)
History / Recent news
In 2011 the Qingdao Port, together with three other Chinese ports in East China's Shandong province, signed a strategic alliance with the largest port of the Republic of Korea (ROK). The alliance is jointly formed by Shandong's Qingdao Port, Port of Yantai, Port of Rizhao, Port of Weihai and the ROK's Port of Busan, aiming to build a shipping and logistics center in Northeast Asia. 
In May, 2014, Qingdao Port International Co. Ltd announced it is seeking to raise up to US$377 million in a Hong Kong initial public offering.
In August 2014, it was revealed that the firm received two lawsuits from the global warehousing firm Pacorini Logistics claiming a total of $58.4 million. This followed the lawsuit the firm had already been subject to from CITIC Resources.
- "Four Chinese ports ally with ROK's largest port". Marine News China. 29 September 2011. Retrieved September 14, 2012.
- Qingdao Port says unit sued by Pacorini for $58.4 million amid fraud probe. Reuters, August 2014
- Qingdao Port (Group) Ltd. website (Chinese)
|This article related to ports, harbors or marinas is a stub. You can help Wikipedia by expanding it.|
|This Shandong location article is a stub. You can help Wikipedia by expanding it.|