SIMIC

Katherine Si | Nov 11, 2020

According to Ningbo-Zhoushan port, Shulanghu terminal posted 58.5m tons iron ore throughput in the first ten months, an increase of 20% year-on-year.

The terminal had handled 51 calls from 400,000 dwt very large ore carriers (VLOC) in the period of the first ten months, an increase of 15% year-on-year.

Related: Vale and Ningbo-Zhoushan in $624m port joint venture

In August this year, Shulanghu posted nearly 7.2m tons iron ore throughput, an increase of over 30% year-on-year, hitting a record high.

Shulanghu is the major port area of Ningbo-Zhoushan port providing ore cargo handling service, which has the largest berthing capacity of VLOC in China.

Brazilian mining industry giant Vale is now cooperating with Ningbo-Zhoushan port to jointly build and operate a terminal at Shulanghu which will add a total port capacity of 40m tons annually and further expand the ore handling capacity of Ningbo-Zhoushan port.