Independent journal on economy and transport policy
13:46 GMT+1
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Joint venture of APM Terminals and Ningbo Port Group in order to manage three docks of the Meishan Container Terminal of Ningbo
the terminal will be completed to end 2014 and will have a annual ability to traffic pairs to 2,8 million teu
June 15, 2012
Terminalista society APM Terminals, that it takes part of shipowning group A.P. Møller-Mærsk, has signed an agreement with Ningbo Port Group Co., the society that work great part of harbour infrastructures of the Chinese port of Ningbo, with the objective to constitute joint venture, participated respective with 25% and 75%, in order to invest in docks 3, 4 and 5 of the Meishan Container Terminal of Ningbo and to manage them from the end of 2014, when their construction is completed.
The Meishan Container Terminal, situated in the Meishan Bonded Port Zones, will be equipped altogether of five docks in deep waters and will have a traffic ability pairs to three million container teu per year. Docks 1 and 2 of the new terminal will be managed by joint venture constituted by Ningbo Port Group and from the Chinese shipowning group Shipping Group Lowers.
Docks 3, 4 and 5 will have approach for 1,080 linear meters with backdrop of the depth of -17,5 meters and areas for 72,3 hectares. The terminal of APM Terminals and Ningbo Port Group, managed within a contract of concession of the duration 50-year-old, will have a annual ability to traffic pairs to 2,8 million teu.
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