Independent journal on economy and transport policy
07:18 GMT+1
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Odfjell Terminals will realize a new cisterniero terminal in China
50:50 with the Chinese group Founder. The system will be constructed to Quanzhou
June 26, 2013
Joint venture
Joint venture
the Dutch Odfjell Terminals, terminalista society that is participated with 51% from the shipowning group Norwegian Odfjell and with 49% from the American society of private Lindsay Goldberg equities, has acquired for 21 million dollars from the Chinese group Founder 50% of the Fujian Fangtong Terminals Co., society of which is time joint partner.
In particular the transaction, that it is carried out by the Odfjell Terminals (Lowers) Pte., branch of the Odfjell Terminals, and by the Founder Commodities, division of the Chinese group, is aimed at the realization of a new cisterniero terminal in the port of Fangtong, terminalistica area in the within of the industrial zone of Quangang, that takes part of the harbour system of Quanzhou, in the province of Fujian.
Second the forecasts, for the construction of the new terminal will be necessary an investment of 137 million dollars. The system, that it will be managed by the new society Odfjell Terminals Fujian (Quanzhou) Co., will cover an area of 14,8 hectares, will have an ability to 184.000 cubic metres and will be equipped of two docks. The joint venture new will have moreover an option in order to widen the terminal on others 23 hectares being elevated the total ability to 400.000 cubic metres. The terminal will become operating in the first trimester of the 2016.
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Dutch Odfjell Terminals, terminalista society that is participated with 51% from the shipowning group Norwegian Odfjell and with 49% from the American society of private Lindsay Goldberg equities, has acquired for 21 million dollars from the Chinese group Founder 50% of the Fujian Fangtong Terminals Co., society of which is time joint partner.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
