The eight points for the leg win, brings Telefónica Blue's total score to 41.5 points, just 3.5 points behind race leader Ericsson 4, who finished the leg in third place (at 09:04 UTC) behind PUMA (at 08:17 UTC).
Once clear of the finish, an exhausted BEKKING talked about the leg that has taken its toll on most of the boats in the fleet:
"It was the hardest leg of the Volvo Ocean Race ever. It is just great to be here in one piece and we are in one piece.
"I am so happy with the team, they showed great seamanship. We have Olympic medallists and offshore sailors onboard and they just got on with it and came together.
"We hit something, you can see it on the bow, but we don't know what it was. It has crushed a bit of the bow, but that is the only thing we have found. We have checked all the bulkheads, they seem to be fine, and we have no delamination, so I am very happy with that. We will be ready for the in-port race for sure.
"We just put keel in the middle and nursed the boat in the storm. I was downstairs at the time, so I kept shouting up to the crew to slow us down. If I had been on deck, I might have pushed harder, but being downstairs was better in the end.
"It was the craziest sailing I've done, but we are here at last. I am like an old seaman and I think that you need to stay away from land in storms, so that is what we did. When we were by Taiwan there was 30 - 35 knots of wind, but it was the sea state that was the problem, but the boat did a glamour job."
BEKKING had kept Telefónica Blue in the top three for the entire leg, but perhaps the turning point was navigator Simon FISHER (GBR) made an offering of birthday Sangria to King Neptune on day three, in the hope that the King would keep watch as they headed out into the notorious Luzon Strait later in the leg.
The crew picked their way through the minefield of unmarked shoals and atolls in the lee of the Philippines, watching the depth sounder drop to just a few metres, but were still determined not to give an inch, knowing, as Simon Fisher had said, that to win this leg, taking the easy way round wasn't really an option.
As the rest of the fleet headed for shelter on day six, 23 January, BEKKING was preparing for the worst. "We are just enjoying the last day in paradise and then we go to hell," he said. "The real race will start when the big breeze comes in and then, it will be very hard."
While the rest of the fleet hung back, BEKKING pressed on, out into the 200-mile Luzon Strait and gales topping out at 55 knots. Ericsson 3 and Ericsson 4 watched Telefónica Blue's progress from their chasing position in the shelter of Luzon Island, anxious to see how BEKKING fared before following.
BEKKING directed operations from the confines of his bunk, laid low with a damaged back. He paid tribute to his crew at time, saying: "They all worked as a great team in the last 36 hours. The only thing I could do was be awake and give my input and advice, which was, above all, 'boys, keep it in one piece'."
The team survived another, even worse storm off the northeastern tip of Taiwan, and also collided with a submerged object, damaging the crash bow section of the boat.
However, Telefónica Blue emerged from the aftermath of carnage relatively unscathed, other than breaking their wind instruments, and stole a commanding lead, which they held to the end.
Green Dragon is still racing, with 347 miles to go, and is anticipated to finish in fourth position on 31 January.
Leg Four Finishing Order Qingdao
1. Telefónica Blue ESP, Bouwe BEKKING (NED) 8 points
2. PUMA USA, Ken READ (USA) 7 points
3. Ericsson 4 SWE, Torben GRAEL (BRA) 6 points
Green Dragon IRL/CHN, Ian WALKER (GBR) STILL RACING
Teams that have suspended or retired from this leg will be assigned points by the race committee at a later date.
Delta Lloyd NED/IRL, Roberto BERMUDEZ (ESP) SUS
Ericsson 3 SWE, Magnus OLSSON (SWE) SUS
Telefónica Black ESP, Fernando ECHAVARRI (ESP) DNF
Team Russia RUS, Andreas HANAKAMP (AUT) DNS
Volvo Ocean Race Leaderboard - Provisional
1. Ericsson 4, skipper Torben GRAEL (BRA),45 points (FINISHED)
2.Telefónica Blue, skipper Bouwe BEKKING (NED), 41.5 points (FINISHED)
3. PUMA, skipper Ken READ (USA), 38 points (FINISHED)
4. Ericsson 3, skipper Magnus OLSSON (SWE), 24 points (SUS)
5. Green Dragon, skipper Ian WALKER (GBR), 22.5 points (RACING)
6. Telefónica Black, skipper Fernando ECHAVARRI (ESP), 19 points (DNF)
7. Team Russia, skipper Andreas HANAKAMP (AUT), 10.5 points (DNS)
8. Delta Lloyd, skipper Roberto BERMUDEZ (ESP), 10 points (SUS)
Go here for all the news on the Volvo Ocean Race 2008-09
Volvo Ocean Race - www.volvooceanrace.org