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MOL invests in Thai barge terminal
Japan’s Mitsui OSK Lines (MOL) has signed a joint venture agreement with SahaThai Terminal, a container terminal operation company in Thailand, to establish a new barge terminal operation company called Bangkok Barge Terminal.
Due to shallower water depths at the Bangkok river port, Laem Chabang port, some 90 km downstream, has become the main gateway port of Thailand with its capability in accommodating many liner services with larger containerships. Consequently, container transport between Laem Chabang and the outskirts of Bangkok by land transport via truck and rail, as well as waterway transport via barges now play important roles.
The BBT-operated barge container terminal is slated to open in 2016.