Tianjin Port to set up coke terminal company

Tianjin Port plans to set up a coke terminal with partial tangible assets and cash.

The new company will have registered capital of US$81.4 million consisting $57 million worth of berths for coke and non-metallic ores in the Nanjiang Port Area and $24.4 million in cash.

The coke terminal company, which specialises in storage, loading and unloading, container transfer as well as stuffing and destuffing, has two over-50,000-tonnage deep-water berths, one for handling coke and the other for non-ferrous metal ores. It has a 704m long coastline and a 124,000 sq m yard with annual designed throughput of 14.5 million tonnes and annual operating revenue of $39.3 million as planned.