XINDE MARINE NEWS
Guangzhou Port invested 305 million yuan to acquire a 60% stake in Huadu Port xinde marine news Sarah Yu 2021-05-18 16:09

On May 15, Guangzhou Port invested 30,4905,600 yuan in cash to acquire 60% equity of Huadu Port.
 
The annual handling capacity of Huadu Port is 100,000 TEU and 850,000 DWT of bulk cargoes, with a 520-meter port line covering 50,000 square meters and a water depth of 4 meters. In 2020, the port completed a container throughput of 44,500 TEU.
 
After the capital increase, Guangzhou Port holds 60% of the equity structure, and Guangzhou Huadu Xicheng Economic Development holds 40%.
 
The announcement said that the acquisition is conducive to promoting the company's port layout in Guangzhou, expand the company's market influence; It is beneficial to give full play to the business linkage and enhance the energy level of Guangzhou Port Hub.
 
Source: Sarah Yu ,XINDE MARINE NEWS

The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.

Please Contact Us at:

media@xindemarine.com

展开全文

Related Posts

New Crane Tipped Over During Delivery at Tuas Port – No Injuries Reported

xinde marine news Chen Yang2025-06-17

Hamburg Port Authority and Ocean Network Express Sign Agreement to Supply Container ships with shore

Ocean Network Express (ONE)2025-06-04

Singapore and France Inks Enhanced Maritime Partnership Agreement

MPA2025-05-30

Northeast China port resumes international cruise homeport departures after 5 years

Xinhua2025-05-28

Qingdao Port Sets New World Speed Record in Container Handling

xinde marine news Chen Yang2025-05-23

Maforki Port Officially Opens in Sierra Leone!——Witnessing “China Speed” in Africa

xinde marine news Chen Yang2025-05-12