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03 December 2008 The on-line newspaper devoted to the world of transports 06:33 GMT+1



March 21, 2001

INFRASTRUCTURE
Hutchison wins Ningbo port race
Beijing approval vital for go-ahead as port operator considers investment of nearly $1b

Winston Yau and Ben Kwok

Hutchison Whampoa has won a bid to buy a 49 per cent stake in a container terminal in one of China's leading ports.

The acquisition, in Beilun port in Ningbo city, neighbouring Shanghai, is subject to government approval which port officials hope will come this year.

If approved, the deal should clear market ......
Read more on South China Morning Post



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