Greater ChinaPorts and Logistics
Dalian Port expands investment in alternate sectors
Dalian Port has announced that the board has agreed to make an RMB55m ($8.6m) capital replenishment into its subsidiary Dalian Jifa Shipmanagement Company to support its newbuild containership project. Jifa Shipmanagement currently operates five containerships.
Additionally, Dalian Port plans to inject RMB1bn ($156m) into Dalian Port Finance Company, and spend RMB5m to acquire full equity in Dalian Northeast Asia International Shipping Talent Market Company.
Dalian Port reported a net profit of RMB286.1m ($44.7m) for the first half of 2015, up 0.6% year-on-year.