THE secretary of the Hubei Provincial Party Committee and chairman of the Standing Committee of the Provincial People's Congress, announced the Wuhan Yangluo International Port Water-Rail Intermodal Container Transport Project began operations, reports St Petersburg PortNews.
The new intermodal container transport features a modern logistics hub for the collection and distribution of containers.
The project provides new opportunities for Wuhan Port, Shanghai Port, and Cosco Shipping. The three parties will jointly promote the formation of a co-port between Shanghai and Wuhan.
Meanwhile, Cosco Shipping Ports hopes Yangluo International Port will try to improve port functions and accelerate to one million TEU throughput capacity.
The total construction area of the project is 852 mu, with a total investment of US$420 million. It took one year from the start of construction on August 1 last year to the launch of operation of the port on August 1 this year.
The water depth of the terminal will maintain 6.5 metres all year round and is planned to be fully completed in 2022.
The new measures will boast a container throughput of one million TEU a year, while the water-rail intermodal transport capacity of 500,000 TEU a year is expected to reduce the last mile logistics of multimodal transport.
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