Tianjin port launches 300,000-tonne navigation channel project this year

TIANJIN port will invest CNY13.5 billion (US$2.1 billion) on infrastructure projects and start building the 300,000-tonne capacity navigation channel this year, Xinhua reports.


The project, lasting about 15 months, will deepen the existing 250,000-tonne navigation channel to 21 metres and widen it to 330 metres.


Last year, the port recorded a cargo throughput tonnage of 413 million tonnes and container throughput of 10.1 million TEU.


The port is targeting a throughput of 560 million tonnes and a container volume of 18 million TEU by 2015.
(Source:http://www.schednet.com)