Tianjin's Bonded Port Area phase I to open on December 8

Tianjin's Dongjiang Bonded Port Area, one of the four Chinese Bonded Port Areas, is scheduled to commence operation on December 8.

The four-kilometre long facility includes six berths costing US$891 million with an aggregate capacity of 4 million TEU, and covering a quay length of 2,300 metres. Quay cranes and gantries have been installed and test runs are scheduled for the end of November.

The Dongjiang Bonded Port Area is the largest of its kind in China, covering a space of 10 square kilometres and will operate like a free port or a free trade zone. The bonded port area will be completed by 2010, when Tianjin's seaport throughput is expected to surpass 10 million TEU or 400 million tonnes, and airport throughput is supposed to reach 500,000 tonnes, with a trade value of US$200 billion.

Source: Ships and Shipping