NYK invests in Yang Ming Terminal
NYK and its Nippon Container Terminals subsidiary are acquiring a 12.5-percent stake in Yang Ming’s Kao Ming Container Terminal Corp. (KMCT).
KMCT was established as a build-operate-transfer project under the Port of Kaohsiung’s Intercontinental Container Terminal BOT Project with the Kaohsiung Harbor Bureau, which is overseen by Taiwan International Ports Corporation Ltd. The terminal started operation in January 2011.
KMCT is located near the entrance to the
second harbor in Kaohsiung port. With a a
960-meter-long berth and water as deep as 16.5 meters it is able to accommodate two containerships of 14,000 TEUs
The second-phase of the BOT project was started in 2012
and is scheduled to be completed in September 2014. At that time, KMCT
will have four berths with a total length of 1,500 meters and will be
able to simultaneously accommodate four containerships of 14,000 TEUs or
The terminal uses windmills and solar panels to generate power.
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