Tianjin Port to establish auto terminal joint venture

Tianjin Port to establish auto terminal joint venture

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.

Jason Jiang

Jason worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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