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Dalian going for Bohai Rim transhipment market

Dalian going for Bohai Rim transhipment market
As the only port in northeastern China to be included in the Belt and Road plan, Dalian stands in good stead to benefit in the future.

Speaking at a regional forum on the area at the Asian Logistics and Maritime Conference in Hong Kong, Dalian Port director Tai Jingang said the port is going to focus on transhipment traffic within the Bohai Rim region.

In particular he is aiming to expand its reach to the Japan and South Korea markets to build up volumes. Tai added that the port is also working with major lines on the US and Southeast trade lanes and looking to boost calls, especially from mainline carriers.

He is confident that Dalian Port will be able to serve over 150 by 2020 from 106 currently. Dalian port is also a major feeder port in the Bohai Rim region, with some 70 services a week covering 15 ports, Tai pointed out.

Other investments include adding capacity to the Eurasian rail network to boost capacity to 600,000 teu a year by 2020 from the current 45,000 teu.

Furthermore, with approvals given for a new free trade area in Dalian the development of port services will be boosted, Tai said. There are also plans to develop trade finance, insurance and double taxation agreements to increase Dalian's attractiveness as a platform for international trade, he concluded.

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