Independent journal on economy and transport policy
20:40 GMT+1
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Chineses COSCO, Lower Shipping and China Merchants Group invests in the port of Kaohsiung
They have acquired the 30% of Kao Ming Container Terminal, society controlled from the Yang Ming group
January 8, 2013
Three of the main societies of shipping and logistics of the Chinese Popular Republic altogether have acquired a quota pairs to the 30% of the share capital of Kao Ming Container Terminal Corp. (KMCT), the society controlled from the shipowning group taiwanese Yang Ming Marine Transport Corp. that it manages the homonymous container terminal of the port of Kaohsiung. Draft of the shipowning groups Bends down Ocean Shipping (Group) Co. (COSCO) and Lowers Shipping (Group) Co. (Shipping Lowers) and of the terminalista, harbour and logistic group Merchants Group (CMG Lowers). The Chinese news agency Xinhua has announced, specifying that the investment, that never consisting is more realized by Chinese groups to Taiwan and first from enterprises of the Chinese Popular Republic in infrastructures of the insulare nation, piles altogether to 135 million dollars.
Kao Ming Container Terminal manages the sixth container terminal of the port of Kaohsiung, that it has become operating in January 2011. We remember that six months ago the terminalista group American Ports America, through the branch Ports America International Holdings Cooperatief, has acquired the 10% of KMCT reducing the quota Yang Ming to the 90% of the capital (of the 18 june 2012).
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