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HUTCHISON
New Container Terminal Project at Yantian Port
DEC, 04.2008
Shenzhen Yantian Port
Group (YPG) and Hutchison Port Holdings (HPH), have signed a
heads of agreement for the joint construction and development
of the Shenzhen Yantian East Port Phase I Container Terminal
project (East Port Phase I) at Yantian Port.
The East Port Phase I Project covers a total
area of 138.56 hectares. It will also have a total quay
length of 1,442 metres split between 4 deepwater
berths (2 of 6,600-TEUs and 2 of
9,500-TEUs berths).
In
order to optimise the use of resources and lower operational costs,
Yantian International
Container Terminals
(YICT) will manage East
Canning
Fok, Group Managing Director of HWL
Port Phase I along
with existing facilities at West Port, phases I, II,
and III, and the expansion project of Yantian Port.
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Hutchison Port Holdings
(HPH) is the world's leading port investor, developer
and operator with interests in a total of 292
berths in 47 ports, spanning 24 countries
throughout Asia, the Middle East, Africa, Europe,
the Americas and Australasia. The
company
also owns a number of transportation-related service
companies. In 2007, the HPH Group handled
a combined throughput of 66.3m TEUs worldwide.
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