Dr. Fu Yuning was appointed as Chairman of the Institute's China Chapter at a ceremony in Shanghai on Monday March 17th 2008 at GIL's annual China Chapter dinner. He continued in the position up until 2014. He has since been appointed chairman of China Resources Holdings (CRH)
Dr. FU Yuning was born in 1957. He graduated from Dalian Institute of Technology in the PRC with a Bachelor’s Degree in Port and Waterway Engineering. Dr. Fu obtained his Ph.D. in Offshore Engineering from Brunel University in the UK, where he also worked as a Post-Doctorate research fellow from 1986 to 1987. Dr. Fu is President and a Director of China Merchants Group Limited. He also currently holds the following positions in these HK and Mainland China listed companies: Chairman and CEO, China Merchants Holdings (International) Company Limited; Chairman, China Merchants China Direct Investments Limited; Independent Non-Executive Director, Integrated Distribution Services Group Limited and Sino Land Company Limited; Chairman, China International Marine Containers (Group) Limited; Chairman, China Merchants Energy Shipping Company Limited; Director, China Merchants Bank.
Dr. Fu was previously President and Managing Director of China Nanshan Development (Group) Incorporated. From February 1999 to July 2000, he was Chairman of Union Bank of Hong Kong Limited. From 2001 to 2003, he was an Independent Director of Jurong Port Pte. Limited in Singapore. Dr. Fu is also Executive Director of the Hong Kong General Chamber of Commerce, Director of Hong Kong Port Development Council and a member of International Advisory Panel of CapitaLand in Singapore.
Kieran Ring CEO of the Institute commented on Dr Fu's appointment.
“We are extremely fortunate to have Dr Fu as our Chairman in China, he is rightly regarded as the preeminent thought leader on port development in the region.”
CMHI IS THE LARGEST PUBLIC PORT OPERATOR IN CHINA AND ACQUIRED A LEADING POSITION IN THE GLOBAL PORT INDUSTRY
Focussing on port and port-related businesses in Hong Kong and the Chinese mainland, China Merchants Holdings (International) ('CMHI', Hong Kong Stock Code: 0144) has established a comprehensive port network in the major coastal regions in the mainland, covering areas in the Pearl River Delta, the Yangtze River Delta, the Bohai Economic Zone, the Xiamen Bay Economic Zone, and the Southwest region. CMHI has also involved in strategic investments and owned operating rights across the coastal hub ports in Hong Kong, Shenzhen, Ningbo, Shanghai, Qingdao, Tianjin, Xiamen Bay and Zhanjiang. After years of efforts and development, CMHI has become the largest public port operator in China and acquired a leading position in the global port industry.
CMHI’s investment strategy focuses on hub ports in regions that attract foreign investments and are economically vibrant with strong import and export trade growth. CMHI strives to, as a gateway to China’s foreign trade and with its expanding global ports portfolio, provide its customers timely, efficient and effective port and related maritime logistics services by pursuing its management style that emphasizes determination, discipline and efficiency.
Through synergies achieved by its existing port network, CMHI seeks to enhance its value creation for its shareholders. CMHI, with the professional management experience accumulated for years, its self-developed global leading ports operating system and integrated logistics platform for import and export, its extensive maritime logistics support system, the modern and all-rounded integrated logistics solutions it offers, its quality engineering management, and the outstanding and reliable services it provides, has earned itself reputation across the industry.
CMHI’s strategic vision is to become a world-class comprehensive port services provider. Through implementation of domestic, international and innovation strategies, CMHI strives to achieve “world-class” level on various fronts, including global container throughput, market share and income from integrated port services, operational management capabilities, asset utilization, labor productivity and brand name.
In addition, CMHI also invests in bonded logistics operation and port-related manufacturing operation in China. Against the backdrop of a feeble growth in global economic and trade activities, these business segments have continued to demonstrate consistent and rapid growth, reflecting their strategic value to the extension of port’s value chain.
2015
Container throughput handled by the Group’s ports operation totaled 83.66 million TEUs in 2015, up 3.5% yearon-year, amongst which the Group’s ports in Mainland China contributed container throughput of 61.47 million TEUs, representing a growth of 3.2% year-on-year, slightly outpacing that of foreign trade-derived container throughput handled by China’s ports. The Group’s operations in Hong Kong and Taiwan recorded an aggregate container throughput of 6.14 million TEUs, down 15.0% year-on-year. Driven by the remarkable performance of CICT, container throughput handled by the Group’s overseas projects grew by 14.2% year-on-year to reach 16.05 million TEUs. Bulk cargo volume handled by the Group’s ports operation was 353 million tonnes, down 2.8% year-on-year, among which bulk cargo handled by the Group’s ports in Mainland China totaled 348 million tonnes, or a year-on-year decrease of 3.1%. On the overseas front, Port de Djibouti S.A. (“PDSA”) in Djibouti handled 5.19 million tonnes of bulk cargoes, up 21.4% as compared with that of last year.
The Group’s overseas business delivered a container throughput of 16.05 million TEUs in aggregate, within which Terminal Link SAS contributed a container throughput of 12.61 million TEUs, up 4.7% year-on-year; CICT, attributing to its effective business development, has seen its container throughput grow significantly by 127.5% year-on-year, reaching 1.56 million TEUs during the year; PDSA in Djibouti handled a container throughput of 0.90 million TEUs, up 4.8% year-on-year; Tin-Can Island Container Terminal Limited (“TICT”) in Nigeria handled a container throughput of 0.47 million TEUs, up 8.9% year-on-year; whereas LCT in Togo, which commenced operation since October 2014, contributed a container throughput of 0.50 million TEUs during 2015.
Click here to visit the China Merchants Group website
By Dr. Fu Yuning
Port industry, especially in China's port industry, over the past three decades of development and change is evident to all. Recalling the past, we can not help but get excited about the future, it is estimated we will not have the same degree of excitement. Thirty-five years, China's share of world GDP ratio, according to the current dollar exchange rate rose from 2.5% to 12%, the future of China's development will make our share of world GDP ratio, there is a greater increase, and we here today, can in the near future, have the opportunity to witness and experience, China will overtake the US as the world's largest economy. However, it will be largely in the economic development of the tertiary industry and domestic consumption, the scale of China's foreign trade and its port throughput will not rise in the same proportion.
MODULE 1: CHINESE PORT DEVELOPMENT OVER THE LAST 30 YEARS
MODULE 2: THE CURRENT CHALLENGES FACING THE CHINESE PORT INDUSTRY MODULE 3: THE STRATEGY FOR THE NEXT DECADE, THE MAIN PORT INDUSTRY ECOLOGY
MODULE 1 CONTINUED
MODULE 2 CONTINUED
MODULE 3 CONTINUED

Chairman China Chapter
Dr Fu's Chairmanship was announced at a ceremony in Shanghai on Monday March 17th where the China Chapter of the Institute's Maritime Council met on the eve of TOC Asia at the Institutes third annual China Chapter dinner.
Dr. Fu will play a leading role in the development of the Institute's Global Maritime Logistics Council, the council was launched in 2006 to promote joined-up thinking in maritime logistics. The council promotes the development of a culture of collaboration among the different maritime logistics stakeholders. The council provides the maritime logistics industry with a forum through which global shippers, 3PLs, carriers, port authorities and terminal operators can collaborate closely to share their knowledge, so as to improve supply chain efficiency and security. The council and its officers were the driving force behind the development of the Container Terminal Quality Indicator (CTQI) standard launched in February 2008 by Germanischer Lloyd certification. The China Chapter of the Maritime Council focuses on regional matters, and has been chaired since its inception in 2006 by Hellmann Worldwide Logistics Director Paul Goldsbrough.
Speaking at Mondays annual dinner in Shanghai, Mr. Goldsbrough reflected on his time in the chair before welcoming Dr. Fu as his successor.
“I am honoured to have served as the founding Chairman of the China Chapter and am particularly proud of our role in the development of the CTQI standard; its existence is testament to the power of cooperation amongst all stakeholders in global maritime logistics and proves what can be achieved when we as an industry simply talk.
I would like to congratulate Dr. FU on his appointment to the Chair. It gives me enormous satisfaction to see the role pass to Dr. Fu, his reputation and deep working knowledge of the Chinese maritime logistics sector will bring the work of the Global Institute of Logistics to a new and much larger audience. I am very encouraged by his vision for the China Chapter and am confident that under his direction, it will establish itself as one of the preeminent voices in Chinese maritime logistics”
Dr. Fu, commenting on his appointment said:
“I very much look forward to my time as Chairman of the China Chapter; the Global Institute of Logistics has done an excellent job in developing the Global Maritime Logistics Council and has proved the case for its work in the development of CTQI.
In the future development mandate of the China Chapter, I wish to bring attention to a number of items on the agenda. We plan to call upon the assembly of a multi-party task force made up of a cross-section of the industry, to investigate and identify key build-up areas of Chinas maritime logistics chain particularly the standing of Chinas inland distribution network and the effects of logistics traffic on existing infrastructure. The taskforce will determine efficiency and productivity pitfalls and evaluate site connectivity for benchmarking. The best minds in the business will congregate through a series of workshops over the year, ultimately culminating in the production of a white paper to showcase the results and present deliverables”

Paul Goldsbrough Outgoing Chairman of the China Chapter
Congratulates Dr. Fu Yunning on his appointment as his successor
BIOGRAPHICAL NOTE:
Dr. FU Yuning was born in 1957. He graduated from Dalian Institute of Technology in the PRC with a Bachelor’s Degree in Port and Waterway Engineering. Dr. Fu obtained his Ph.D. in Offshore Engineering from Brunel University in the UK, where he also worked as a Post-Doctorate research fellow from 1986 to 1987. Dr. Fu is President and a Director of China Merchants Group Limited. He also currently holds the following positions in these HK and Mainland China listed companies: Chairman and CEO, China Merchants Holdings (International) Company Limited; Chairman, China Merchants China Direct Investments Limited; Independent Non-Executive Director, Integrated Distribution Services Group Limited and Sino Land Company Limited; Chairman, China International Marine Containers (Group) Limited; Chairman, China Merchants Energy Shipping Company Limited; Director, China Merchants Bank.
Dr. Fu was previously President and Managing Director of China Nanshan Development (Group) Incorporated. From February 1999 to July 2000, he was Chairman of Union Bank of Hong Kong Limited. From 2001 to 2003, he was an Independent Director of Jurong Port Pte. Limited in Singapore. Dr. Fu is also Executive Director of the Hong Kong General Chamber of Commerce, Director of Hong Kong Port Development Council and a member of International Advisory Panel of CapitaLand in Singapore.
NOTES TO EDITORS
ABOUT GLOBAL INSTITUTE OF LOGISTICS
The Global Institute of Logistics (GIL) was established in 2003 under the Chairmanship of renowned US logistician and author Robert V. Delaney in response to the logistics industry’s call for “joined up thinking” amongst stakeholders in the global supply chain. GIL looks to resolve the challenges facing the global logistics chain of managing single transport modes, modal systems and targets which are set on stand-alone operations to create a seamless global logistics system.
A Think Tank, GIL brings together thought-leaders and thought-followers as part of a global knowledge network committed to building up the information base, best practices and standards. This, in turn, creates a platform through which knowledge is shared, best practice is adopted and trade developed. Today the Institute is a community of organizations and professionals from across the world that share a commitment to collaborating on global logistics solutions.
The Institute’s mission is to ‘Network the Global Logistics Community’
For further information, visit www.globeinst.org