Shanghai: Xiamen’s first private terminal at Haicang has commenced operation, allowing foreign ships to load and unload cargoes.
The RMB1.8bn Haiao petrochemical terminal has eight berths catering to product tankers ranging in size from 500 to 5,000 dwt. The terminal is run by a local private product oil firm, Haiao Group.
While this is the first purely private terminal in the city, the port has welcomed many container terminal operators in joint ventures, such as HPH and APM Terminals. [04/11/13]