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24 October 2020 The on-line newspaper devoted to the world of transports 19:18 GMT+2



October 12, 2020

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Original news
Joint venture Vale - Ningbo Zhoushan Port to build a new port area in the Chinese port of Shulanghu

It will have a traffic capacity of 20 million Tons

The Brazilian mining group Vale has formed a joint venture with China's Ningbo Zhoushan Port Co. The West III project, which involves the construction and construction of management of a port area owned in the port of Shulanghu, near Zhoushan, in China's Zhejiang Province. The New area will have a traffic capacity of 20 million tonnes per year, doubling the port's capacity to Shulanghu.

The project includes investments totalling 4.3 billion yuan (624 million U.S. dollars).



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