Shanghai: Tianjin Port has announced that it plans to set up a joint venture with Anji Logistics, a dedicated auto logistics provider, to develop an automobile roro terminal in the port. The proposal is pending approval from authorities.
Tianjin Port and Anji Logistics will invest RMB204m ($32.9m) and RMB196m ($31.6m) respectively to occupy 51% and 49% shareholdings in the joint venture, which will be named Tianjin Port Haijia Automobile Terminal Company.
The new auto terminal will include two roro berths and is expected to have an annual handling capacity of 500,000 cars.
