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 is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

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