THE ports of Taicang and Shanghai have signed a deal to develop the fourth phase container terminal at Taicang and to foster integration within the Yangtze delta, reports Colchester's Seatrade and Maritime.
North shore Taicang, upstream from Shanghai, port posted a throughput of 5.21 million TEU in 2020.
Taicang port once the home of an innovative, but failed China-LA shuttle 10 years ago run by the bankrupted Danish Containership Company, now plans to strengthen its cooperation with the bigger port.
The fourth phase container terminal of Taicang port will build four 50,000 tonnes-class container berths, with an annual capacity of two million TEU per year. Operations are expected to start in July this year.
Upon the completion of this terminal project, container handling volume of Taicang Port Shanghai Port Zhenghe Container Terminals Company, the joint venture established by the two ports, will have an annual handling capacity of five million TEU.
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