Chongqing launches container shipping service to Luzhou
Chongqing has launched a container shipping route to Sichuan province's Yangtze River City of Luzhou, Xinhua reports.
After a six month trial, the service, operated by local carriers, has now started scheduled operation under the "five-fixed" mode of fixed route, rotation, departure time, duration and vessel. It starts from Chongqing's Cuntan bonded port area, offers eight sailings per week using 200-TEU ships.
Based on the estimation that the route can offer about 300 sailings annually, it is expected to be able to move more than 100,000 TEU in transshipments per year, raising the proportion of transshipments in Chongqing's throughput total to over 30 per cent.
If half the cargo is trade goods and goes through customs procedures in Chongqing, at least US$2 billion's trade value will be brought to the city, said He Wei, deputy director of the Chongqing Foreign Trade and Economic Relations Commission.
Mr He said they will adjust the number of sailings of the service according to market demand. If yearly frequency rises to 400, transshipment volume will be increased to 150,000 TEU with a trade value of more than $3 billion. This will be a major contribution to Chongqing's aim of one million's transshipments and $30 billion's trade value.
Chongqing is considering incentives to encourage the use of its bonded logistics services in a bid to meet its target.
After a six month trial, the service, operated by local carriers, has now started scheduled operation under the "five-fixed" mode of fixed route, rotation, departure time, duration and vessel. It starts from Chongqing's Cuntan bonded port area, offers eight sailings per week using 200-TEU ships.
Based on the estimation that the route can offer about 300 sailings annually, it is expected to be able to move more than 100,000 TEU in transshipments per year, raising the proportion of transshipments in Chongqing's throughput total to over 30 per cent.
If half the cargo is trade goods and goes through customs procedures in Chongqing, at least US$2 billion's trade value will be brought to the city, said He Wei, deputy director of the Chongqing Foreign Trade and Economic Relations Commission.
Mr He said they will adjust the number of sailings of the service according to market demand. If yearly frequency rises to 400, transshipment volume will be increased to 150,000 TEU with a trade value of more than $3 billion. This will be a major contribution to Chongqing's aim of one million's transshipments and $30 billion's trade value.
Chongqing is considering incentives to encourage the use of its bonded logistics services in a bid to meet its target.