Friday , 18 October 2019
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APM Terminals has joined Cosco Pacific in a joint venture to develop, own and operate the Guangzhou Nansha Phase Two Container Terminal in southern China, together with the Guangzhou Port Group. APM Terminals will own 20% of the new terminal, Cosco Pacific 39% and Guangzhou Port Group 41%.

APM and Cosco to develop Guangzhou Nansha Phase Two

Construction of the 4.2m teu Phase Two terminal started in 2005. The first two berths will be completed and put into operation by the end of 2006, and the whole project will be operational by mid-2007. It will have a total quay length of 2,100 m across six container berths. Total investment in the project is estimated at RMB 4bn.

Nansha Phase One was put into operation in September 2004 and in 2006 is expected to handle 2.16m teu. The Port of Guangzhou is uniquely positioned at the mouth of the Pearl River to serve the booming trade of Guangdong province, the economic engine of southern China. Guangzhou’s container throughput in 2005 was 4.68m teu, the sixth highest in mainland China and 18th in the world.