News was prepared under the information support of Online Daily Newspaper on Hellenic and international Shipping "Hellenic Shipping News". |
30 Sep 2011
Sinochem International has signed an agreement with Lianyungang Port in China to build a tank farm in the Qitai area of the port.The two firms will be in charge of
bulk liquid loading and discharging in the fast growing port.
There will be 640,000 cu m of tank storage costing some RMB600m in first phase development, though the pair say the project could ultimately be expanded and cost up to RMB2bn.
Three wharves will be built capable of handling 50,000 to 100,000 dwt ships and the whole project is spread across 36 hectares.
Source: Seatrade-Asia