China Shipping Terminal Development to acquire 20% interest in Fuzhou International Container Terminal
2007-11-30 Fuzhou
On 22 November, China Shipping Terminal Development Co., Ltd and Fuzhou Port Group signed a cooperation agreement on Fuzhou-Jiangyin International Container Terminal. Besides, China Shipping Terminal Development will buy a 20% stake in Fuzhou International Container Terminal. Upon the completion in October 2008, the 1,650-meter Jiangyin International Container Terminal will own five container berths and a container throughput of about 3 million TEUs.