• BIST 106.926
  • Altın 151,365
  • Dolar 3,6718
  • Euro 4,3287
  • İstanbul 19 °C
  • Ankara 9 °C

NOL IN CHINA PORT JV

NOL IN CHINA PORT JV
SINGAPORE-based container transportation and logistics group, NOL, it has entered into an agreement with Chinese-based SITC Group to form a 50:50 joint venture company to build...

NOL IN CHINA PORT JV

SINGAPORE-based container transportation and logistics group, Neptune Orient Lines Limited (NOL), it has entered into an agreement with Chinese-based SITC Group (SITC) to form a 50:50 joint venture company to build and operate a container terminal in the port of Qingdao in northern China.

The joint venture will develop a container handling facility in Qingdao based on a concession awarded to SITC in 2005. Both NOL’s liner shipping arm, APL, and SITC’s container ship fleet will contribute substantial container volumes to the new facility, once it is operational.

NOL Group President & CEO, Thomas Held, said: “At NOL we are actively seeking to expand our network of strategic terminal assets into new geographies in response to customer demand. This is a significant step forward in extending our container terminal business. We are very pleased to have entered into this partnership with SITC to develop a terminal in a location that will be the future hub for our northern China operations.”

Qingdao is China’s third-busiest container port and is strategically located near the southern entry to Bohai Bay. It is already an important hub for the range of line haul and feeder shipping services operated by APL.

www.TurkishMaritime.Com.tr 

This news is a total 1432 time has been read
  • Comments 0
    UYARI: Küfür, hakaret, rencide edici cümleler veya imalar, inançlara saldırı içeren, imla kuralları ile yazılmamış,
    Türkçe karakter kullanılmayan ve büyük harflerle yazılmış yorumlar onaylanmamaktadır.
    Bu habere henüz yorum eklenmemiştir.
Other News
  • Service Upgrade From North Europe To West Africa11 August 2015 Tuesday 16:36
  • Second Suez Canal04 August 2015 Tuesday 16:23
  • Matson revises!29 July 2015 Wednesday 14:41
  • Tanker Giant Reborn03 July 2015 Friday 11:08
  • China Allows Valemaxes into Its Ports03 July 2015 Friday 10:49
  • Arctic oil rig departs Seattle-area port despite protest01 July 2015 Wednesday 12:46
  • SE Shipping Takes Sainty Marine to Arbitration30 June 2015 Tuesday 13:27
  • Cement carrier runs aground off Swedish coast30 June 2015 Tuesday 13:03
  • 'Shipping Industry concerned about approach to energy exports in U.S.'30 June 2015 Tuesday 11:48
  • Paragon Delays Kamsarmax Deliveries09 June 2015 Tuesday 15:39
  • All Rights Reserved © 2006 TURKISH MARITIME | İzinsiz ve kaynak gösterilmeden yayınlanamaz.
    Phone : 0090 212 293 75 48 | Fax : 0090 212 293 75 49 |