China Huaneng Group to ditch Shantou Port

China Huaneng Group to ditch Shantou Port

China Huaneng Group, one of the largest electric power groups in China, has announced that it will transfer its Shantou power plant’s coal shipping operations from Shantou Port, a major seaport in Guangdong, to a new port developed by the group itself.

Huaneng Shantou Power Plant is the largest customer of Shantou Port Group’s Mashan Port and the plant’s coal transport volumes account for nearly 70% of the port’s business.

When contacted by Splash, an official at Shantou Port Group said the company is still working on strategy to deal with the situation at Mashan Port, and refused to offer more information.

Local media reports suggest that it is very likely Shantou Port Gorup would close operations at Mashan Port.

According to Huaneng Group, it has developed a new terminal at the nearby Haimen Power Plant, and it will use two 5,000dwt bulk carriers to transport coal between the two plants.

The group said the move was made for both economical and environment protection reasons.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

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