Independent journal on economy and transport policy
14:12 GMT+1
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Ports America will acquire 10% of Kao Ming Container Terminal of the port of Kaohsiung
The system is of property of the shipowning group Yang Ming
June 18, 2012
Ports America International Holdings Cooperatief, branch of the terminalista group American Ports America (that it is of property of the investment trust Highstar Capital), will buy 10% of the capital stock of Kao Ming Container Terminal Corp. (KMCT), a society of entire property of the shipowning group taiwanese Yang Ming Marine Transport Corp. that it manages the sixth container terminal of the port of Kaohsiung ( on 28 September 2007).
The operating activity of the first phase of Kao Ming Container Terminal is begun in January 2011 and in the first year of activity the terminal has enlivened a traffic of the container pairs to 1,08 million teu. Currently the harbour system is equipped of two docks; with the second phase of the project, than it is previewed will be completed in September 2013, the terminal will have altogether four docks for a total of 1.500 linear meters of approaches and a annual ability to traffic pairs to 2,8 million teu.
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