China's Jinzhou Port to set up new coal dock

News was prepared under the information support of Online Daily Newspaper on Hellenic and international Shipping "Hellenic Shipping News".

29 May 2009

Jinzhou Port Co., Ltd., a port operator based in the northeastern Chinese city of Jinzhou, Liaoning Province, said in a statement made on May 27 that it was looking to set up a coal dock along with Inner Mongolia-based Siklingelei Baiyinhua Coal-fired Electricity, Datang International Power Generation, and China Guodian Corporation. The four companies will hold 33%, 53%, 10% and 4% of the joint venture respectively.
The establishment of the new coal dock will give Jinzhou Port more leverage to reach its goal of building up a 100-milolion-ton energy port.
Jinzhou Port is principally engaged in the provision of cargo handling, storage and shipping services. The company operates its port businesses through three segments: petroleum and chemical products transportation, container transportation and general cargo transportation.
It provides the loading/unloading and storage services for coal, fertilizers, cereals, steels, cements, nonferrous metals, stones and others as its general cargo transportation business.

Source: Sinocast