Chinese Port Operator to Invest in Terminal Project

5 January 2011 (Last Updated January 5th, 2011 18:30)

Chinese port operator Dalian Port is planning to invest $819m in its Dayaowan terminal project in Dalian City, China. The investment will include the purchase of two 3,000teu container ships to be used between the port and the South domestic container transportation business, according

Chinese port operator Dalian Port is planning to invest $819m in its Dayaowan terminal project in Dalian City, China.

The investment will include the purchase of two 3,000teu container ships to be used between the port and the South domestic container transportation business, according to portworld.com.

The port operator will use part of the investment to build the Dayaowan terminal and complete the second-phase construction of another container terminal.

Additional investment is expected to enhance overall operating container terminal capacity and operational efficiency, according to portworld.com.