Dalian Automobile Terminal opens

Dalian Automobile Terminal opens    Dalian Automobile Terminal, a joint development between NYK, COSCO Pacific, and Dalian Port Group Co., Ltd., was officially opened at a ceremony today.
   NYK owns 40 percent of the Chinese terminal while the two other partners each hold 30 percent stakes. It is COSCO Pacific’s first investment in automobile terminals.
   The terminal has a quay length of 640 meters (2,100 feet) with a total land area of about 540,000 square meters. It is equipped with two berths for roll-on/roll-off vessels and has an annual handling capacity of 600,000 vehicles.