{"id":83181,"date":"2024-12-18T00:00:00","date_gmt":"2024-12-18T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2024\/12\/18\/turkeys-erkport-chinas-yantai-port-group-ink-strategic-agreement-on-logistics\/"},"modified":"2024-12-18T00:00:00","modified_gmt":"2024-12-18T00:00:00","slug":"turkeys-erkport-chinas-yantai-port-group-ink-strategic-agreement-on-logistics","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2024\/12\/18\/turkeys-erkport-chinas-yantai-port-group-ink-strategic-agreement-on-logistics\/","title":{"rendered":"Turkey\u2019s ErkPort + China\u2019s Yantai Port Group ink strategic agreement on logistics"},"content":{"rendered":"

Turkey\u2019s <\/strong>ErkPort + China\u2019s Yantai expand cooperation:<\/strong> Turkey\u2019s maritime transport and port services provider ErkPort inked a strategic agreement with China\u2019s port operations services firm Yantai Port Group to position Haydarpa\u015fa Port as a logistics gateway connecting the Far East, Europe, and Africa, according to a statement<\/a>. <\/p>\n

(** Tap or click the headline above to read this story with all of the links <\/strong>to our background and outside sources.)<\/p>\n

In a nutshell:<\/strong> Under the \u201cTwo Ports One Road\u201d agreement, finished vehicle logistics, construction machinery, cargo, and Ro-Ro transportation will be transported between Yantai Port and Haydarpa\u015fa. ErkPort will also move some 100k passenger vehicles per year through Yantai Port to reach markets in Korea, Japan, and Australia. The project also aims to increase automotive exports and ensure seamless procurement for raw materials, Sardis Global<\/a> reports. <\/p>\n

The project intends to use feeder ships for transport, <\/strong>and will cross through the Suez Canal to offer fast and cost advantages for customers. <\/p>\n

A boon for bilateral trade: <\/strong>China is Turkey\u2019s third largest trading partner, second largest source of imports, and 15th-largest export market, China Briefing<\/a> reports. The total trade between China and Turkey was up 12.6% y-o-y to hit USD 4.3 bn back in 2023. China\u2019s exports to Turkey rose 14.8% y-o-y to USD 39.07 bn, while Turkey\u2019s exports to China recorded a 4.2% y-o-y decline to USD 4.33 bn during the same period. <\/p>\n","protected":false},"excerpt":{"rendered":"

The \u201ctwo ports, one route\u201d agreement aims to boost bilateral and trade and expand the global logistics network<\/p>\n","protected":false},"author":1,"featured_media":83182,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[136],"tags":[37,134,123,32,231],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-83181","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-projects","tag-ports","tag-projects","tag-shipping-maritime","tag-trade","tag-turkey","wpautop","entry"],"acf":{"mongo_id":"e3a647eb-0209-4f92-98e6-871b8e0b074f","order":"5","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/12\/1739.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Turkey\u2019s ErkPort + China\u2019s Yantai Port Group ink strategic agreement on logistics","related_issue":[83173],"teaser":"The \u201ctwo ports, one route\u201d agreement aims to boost bilateral and trade and expand the global logistics network","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/12\/.92651f34-8d77-4eb8-aa90-91c86f2c22ed.mp3"},"yoast_head":"\nTurkey\u2019s ErkPort + China\u2019s Yantai Port Group ink strategic agreement on logistics - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/logistics\/2024\/12\/18\/turkeys-erkport-chinas-yantai-port-group-ink-strategic-agreement-on-logistics\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Turkey\u2019s ErkPort + China\u2019s Yantai Port Group ink strategic agreement on 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