CHINA SHIPPING ENTERS INTO CONTAINER TERMINAL VENTURE IN HAINAN

CHINA SHIPPING ENTERS INTO CONTAINER TERMINAL VENTURE IN HAINAN    China Shipping Terminal Co., Ltd., the ports arm of China Shipping Group, has signed a letter of intent for a joint venture container terminal with the port of Yang Pu, located on Hainan island in south China.
   Yang Pu port is a major deep-water terminal in Hainan province.
   China Shipping Group expects the joint venture to be set up in the second half of this year.