Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Zhonggu Logistics acquiring Tianjin port assets

Photo - Zhonggu Logistics Zhonggu Logistics_.jpg
China’s logistics service provider, Zhonggu Logistics, is planning to purchase a stake in and increase capital investment into Tianjin port.

The total investment amount will be around CNY700m ($109.9m) is aimed at strengthening the company’s container business.

“The deal is expected to accelerate the companys inland trading container business development and jointly enhance container business with Tianjin port, improve comprehensive port and shipping service ability and logistics supply chain,” said Zhonggu Logistics. 

The joint venture terminal assets under Tianjin port will also help Zhonggu Logistics to expand cargo transportation network in north China.

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
TMSRPan21-22 Category Promo 600_600-resize
Read Now

The 21st Edition of Panama Maritime Review

"We will invest in digital transformation, exploring innovative ways in which we can maxinimise the Canal's capacity to provide value guarentee quality of service to our customers."

Ricaurte Vásquez Morales, Panama Canal Administrator

Read Panama Maritime Review 2021/22 to find out more.

TMSRPan21-22 Category Promo 600_600-resize