The Qingdao New Qianwan Container Terminal Co has officially opened berth 5 and berth 6 of Qianwan Phase IV
QQCTN, a joint venture owned by QPG, DP World, COSCO, Maersk and Pan Asia Shipping, is responsible for the development, operation and management of Qianwan Phase IV terminal
With a total investment of US$14 billion and initial investment of US$420 million, QQCTN was approved by the National Development & Reform Commission and the Ministry of Commerce in January 2009, and obtained its business licence on February 6th
Ten berths at Qianwan Phase IV under one management will reduce running costs, enhance efficiency and realise the integrated utilisation of resources
A key project of the 11th five-year plan, Qianwan Phase IV will be equipped with duel hoist tandem lift quay cranes with 70-metre outreach and 100-ton lifting capacity, as well as electric gantries and an advanced terminal operating system
As manufacturing, transportation, and every aspect of humanity evolves in modernity, reliance upon the Internet of Things (IoT) continues to grow and impact every facet of civilization. Another term, as it more relates to manufacturing, distribution, transportation, and logistics that has also been thrown around is the Industrial Internet of Things (IIoT).
Why would companies implement solutions that cost more, were longer to deploy, and had lower user satisfaction? Read Lora Cecere's thoughts on this.
“We typically lose out when a market commoditizes, and we no longer differentiate, further aggravated by us being too slow or expensive” Frans van Houten, CEO, Royal Philips Electronics