Further consolidation in Dalian
NewsAPM Terminals is selling its 20% stake in Dalian Port Container Terminal Co Ltd (DPCT) to state controlled Dalian Port Container.
Dalian Port Container Terminal (DPCT), which operates two berths at China’s eighth-largest container port, is to acquire four more berths from state-owned Dalian Port Group (DPG). The new berths will increase DPCT’s annual handling capacity to 2.8 mill TEU from 700,000 TEU at the first two berths at Phase II of the Dayaowan Bay development, which became operational in July this year.
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