Companies operating container terminals at China’s Yangtze River ports of Taicang, Wuhan and Nantong have announced expansion plans to cope with growing traffic.
Taicang, just upriver from Shanghai, has drawn up plans to add eight berths at Taicang Terminals, in which Modern Terminals (MTL) of Hong Kong has a 51% stake. The Phase III expansion is expected to be approved by the State Council this year and Phase IV next year and MTL is keen to get a majority stake in both, MTL director Mark Weaser said....
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This complete item is approximately 550 words in length, and appeared in the May 2007 issue of WorldCargo News, on page 7.
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