Market Chatter: Shanghai International Port, SAIC Motor Launch Port Operations in Jiangsu

MT Newswires Live12-17

A roll-on/roll-off port in Jiangsu operated by Jiangsu Port Group, Shanghai International Port (SHA:600018), and SAIC Motor (SHA:600104) has started operations, Yicai Global reported Monday.

The new port is able to hold two 70,000-ton and one 3,000-ton ro-ro ships and 32,000 vehicles, the report said.

Annual car throughput capacity is at 1.3 million, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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