Tuesday, April 1, 2008

Hebei to build the world's largest coal handling ports group

Jiao Yanlong, Director of Hebei Communications Department has said that after Qinhuangdao Port has become the world's first 200-million-tonne capacity coal port, Hebei will continue to enhance its efforts in ports building.

Director Jiao said that Hebei would strive to complete three nationwide modern and comprehensive essential ports including Qinhuangdao Port, Tangshan Port and Huanghua Port within three years' time. Meanwhile, Qinhuangdao Port and Huanghua Port will form the bases for the world's largest coal handling port group. During the next three years, Hebei will invest heavily to speed up port construction, and there will be a total of 119 production berths throughout the province, whose handling capacity will reach 592 million tonnes and container handling capacity 1.2 million TEU. Hu Jianhua, Director and Executive Vice President of China Merchants Group recently announced the company put nine new container berths into production in 2007. Another 29 new berths are planned for between 2008 and 2010, among which 25 will be container berths, scattered in the western part of Shenzhen, Zhangzhou, Qingdao, Tianjin, Shanghai and Ningbo. Zhanjiang Port as well as the new terminal in Ba Ria-Vung Tau in Vietnam are not yet included in those figures. China Merchants Group has committed itself fully to completing the five-port layout. For this year, China Merchants Group has planned up to RMB 800 million (US$110.5 million) into berths building, 40 percent of which will be for the new ones.
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