Ports America invests in Taiwan terminal

Friday, June 22, 2012

U.S. stevedoring company Ports America will acquire a 10 percent stake in Yang Ming’s Kao Mong Container Terminal (KMCT) in Kaohsiung, the Taiwan.-based liner company said. KMCT was established as a build-operate-transfer (BOT) project in 2007 under a concession agreement with Kaohsiung Harbor Bureau. The concession period of construction and operation is 50 years, and the first phase of the terminal terminal opened last year. It currently has two berths and capa...

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