Cosco Pacific, China Merchants Holdings International (CMHI) and China Shipping Terminal Development (CSTD) will pay US$135M to take a 30% stake in Kaohsiung’s Kao Ming Container Terminal (KMCT).
Owned and operated by Taiwan’s Yang Ming Marine Transport, KMTC began operations in 2011 and can accommodate two 14,000 TEU ships at a time. With a quay of 960m with a depth alongside of 16.5m, nominal handling capacity is 1.4M TEU/year.
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This complete item is approximately 300 words in length, and appeared in the January 2013 issue of WorldCargo News, on page 11. To access this issue download the PDF here.
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