In 2017, Port of Yantai hit an overall throughput and a container traffic record of 288 million tons and 2.702 million TEUs, with year-on-year growth rate of 8.6 percent and 3.9 percent respectively. Port of Yantai achieved operating revenue of RMB 6.4 billion yuan in 2017. By the end of 2017, the total assets of the port have reached RMB 39.9 billion yuan.
2017The pipeline project was formally put into operation at the end of 2016
2016Yantai Penglai International Airport, which is located in the backup area of Western Yantai Port Area, has been completed for operation in May 2015.
2015In December 2009, Yantai Port Holdings Co., Ltd. was jointly established by Yantai Port Group and three state-backed Chinese central enterprises, i.e., Baosteel Group, China Shipping (Group) Co. and State Development & Investment Communication Co. Taking over the port business and the related operational assets of Yantai Port Group, Yantai Port Holdings Co., Ltd. has turned out to be the operator of the four port areas respectively in Zhifu Bay, Western Yantai Port, Longkou and Penglai.
2009In 2007, its throughput steered beyond one hundred million tons, witnessing that Yantai Port tanked itself into China’s leading 100million-ton ports.
2007In 2006, the container throughput exceeded one million TEUs; and in 2007, its throughput steered beyond one hundred million tons, witnessing that Yantai Port tanked itself into China’s leading 100million-ton ports
20062004 saw the reform to the outdated management system of Yantai Port and the establishment of Yantai Port Group Co., Ltd. based on the requirements for modern enterprises.
Port resources of northern Shandong Peninsula have been integrated with a view of overall development of the regional economy. Four leading port divisions were soon set up covering Zhifu Bay Sub-port, Longkou Sub-port, Penglai Sub-port and West Sub-port, which have endowed Yantai Port with fresh vigor and vitality, turning it into a modern, large-scale port group with clear-cut division of workscope, complementation of each other's advantages and complete functions.
2004
Situated in the west coast of the Pacific Ocean and north of Shandong Peninsula, Yantai Port faces Liaodong Peninsula, Japan and Korea .across the sea. It is one of the leading terminal ports in China.
Port of Yantai was opened to the outside world for trading in August 1861 and has a history of nearly 160 years up to now.
1861