
Tianjin Port Group Company is a significant player in China's maritime industry, with a rich history dating back to 1952.
The company has undergone several transformations, with its current form taking shape in 2001.
Tianjin Port Group Company is a state-owned enterprise, with the Tianjin Municipal People's Government holding a majority stake.
The company operates a diverse range of businesses, including port operations, logistics, and shipping services.
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About the Company
Tianjin Port Development Holdings Limited is an investment holding company that operates in the port of Tianjin in China. It was incorporated in 2005.
The company has a significant presence with over 5,400 employees. This is a testament to its growth and expansion over the years.
Tianjin Port Development Holdings Limited operates through three main segments: Cargo Handling, Sales, and Other Port Ancillary Services. These segments contribute to the company's overall revenue and profitability.
Here are the company's key financial metrics:
- Revenue: HKD 13.72 billion (TTM)
- Net income: HKD 690.21 million
You can contact the company at its Hong Kong office, located at Rm 3904-3907, 39F, Tower 2, Times Sq, No.1 Matheson Street, Causeway Bay, Hong Kong.
Financial Information
Tianjin Port (Group) Company's financial information is publicly available, and one place to find it is in their income statement and estimates.
The company's stock is listed under the stock market and equities section, with a specific stock number of 3382.
Tianjin Port Development Holdings Limited is the company behind this financial information.
Here are some key details about the company's stock:
Industry Insights
Tianjin Port (Group) Company is one of the largest port operators in China, with a history dating back to 1952. It was founded as a small harbor, but has since grown into a massive complex with a diverse range of services.
The company has a significant presence in the Tianjin Binhai New Area, a major economic zone in northern China. This strategic location has enabled Tianjin Port to establish strong connections with nearby cities and industries.
Tianjin Port (Group) Company has invested heavily in modernizing its infrastructure, with a focus on efficiency and sustainability. This includes the use of advanced technology, such as automation and renewable energy systems.
The company's commitment to innovation has paid off, with Tianjin Port becoming one of the busiest ports in China, handling over 130 million tons of cargo in 2020.
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Operations and Services
The Port of Tianjin offers a wide range of services to cater to the needs of shipping companies and cargo owners. These services are designed to streamline the shipping process and ensure smooth operations.
Container handling services are a key part of the port's operations, including loading, unloading, stacking, and storage. This allows for efficient cargo handling and minimizes delays.
The port also provides bulk cargo handling services, including coal, iron ore, grains, and other dry bulk commodities. This is essential for industries that rely on these types of cargo.
The port's services also include warehousing and storage facilities, which provide a secure and dry space for cargo to be stored. This is particularly useful for cargo that needs to be stored for an extended period.
Here are some of the key services offered by the Port of Tianjin:
- Container handling services
- Bulk cargo handling services
- Liquid bulk cargo handling services
- General cargo handling services
- Warehousing and storage facilities
- Customs clearance and documentation services
- Pilotage services
- Tug services
- Bunkering services
- Ship repair and maintenance facilities
Tianjin Port Development Limited
Tianjin Port Development Limited is a significant player in the port industry, with a notable holding company called Tianjin Port Development Holdings Limited.
The company's equity is held by TIANJIN PORT HOLDINGS CO., LTD., which accounts for 56.81% of the total equities.
The valuation of TIANJIN PORT HOLDINGS CO., LTD. is a substantial $1,070,185,760.
The company's equities amount to 1,644,213,619.
Port Statistics
The Port of Tianjin is one of the busiest and largest ports globally in terms of cargo throughput.
It handles a significant volume of cargo each year.
This includes containers, dry bulk commodities like coal and iron ore, liquid bulk cargo such as crude oil and petroleum products, and general cargo.
The port's cargo throughput is a testament to its efficiency and strategic location.
It's no surprise that the port has become a crucial hub for international trade.
Check this out: List of Busiest Ports by Cargo Tonnage
Services Offered
The Port of Tianjin offers a wide range of services to cater to the needs of shipping companies and cargo owners. Container handling services are available, including loading, unloading, stacking, and storage.
Bulk cargo handling services are also offered, handling commodities like coal, iron ore, and grains. Liquid bulk cargo handling services are available for crude oil, petroleum products, and chemicals.
General cargo handling services include project cargo, automobiles, and machinery. Warehousing and storage facilities are available for secure and dry storage.
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Customs clearance and documentation services are provided to ensure smooth and efficient processing. Pilotage services are available for safe navigation through the port.
Tug services are offered for vessel assistance, and bunkering services are available for fueling vessels. Ship repair and maintenance facilities are also available for vessels in need of repairs.
Frequently Asked Questions
Is Tianjin port the same as Xingang port?
Tianjin Port and Xingang Port are often used interchangeably, as Xingang is a major terminal within the Tianjin Port complex
What is the oil terminal in Tianjin?
The Tianjin Port Shihua oil terminal is a 300,000-ton capacity facility that handles crude oil loading and unloading services. It has a design total throughput of 20 million tons per year.
How deep is the Tianjin port?
The Port of Tianjin has a channel depth of 22 meters, allowing for large vessels to dock and unload cargo.
Sources
- https://www.lawinsider.com/dictionary/tianjin-port-group-co
- https://www.marketscreener.com/quote/stock/TIANJIN-PORT-DEVELOPMENT--6171035/company/
- https://www.world-energy.org/article/29727.html
- https://markets.ft.com/data/equities/tearsheet/profile
- https://www.freightmango.com/port-info/cn/tianjinxingangpt-cntxg/
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