Independent journal on economy and transport policy
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Odfjell will realize a harbour terminal for liquid bulk to Tianjin
Joint venture with the Nangang Port Company, branch of the Tianjin Economic - Development Technology Area
January 11, 2012
The shipowning society and logistic Odfjell Norwegian, through the branch Odfjell Terminals Asia, has signed a joint venture agreement of with the Nangang Port Company, branch of the Tianjin Economic - Development Technology Area (TEDA), in order to realize a terminal for bulk liquid chemistries, producing oil and to gas in the Nangang Industrial Zones of Tianjin.
The new society will be called Odjell Terminals Nangang (Tianjin) and will be participated with 49% from Odfjell. The initial total investment will pile to about 160 million dollars.
The first phase of the project, that it will be completed in according to trimester of 2014, previews the construction of three docks and tanks for a storage capability pairs to about 150.000 cubic metres.
In the 2009 Odfjell and TEDA they had signed a letter of attempts with the objective to cooperate to the planning in harbour matter, logistic and railway and to the formation of the staff.
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