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Hambantota Port invests $108M to expand capacity to 2M TEU

Ports World
Hambantota Port invests $108M to expand capacity to 2M TEU
From Left to Right: Wilson Qu,CEO of HIPG,Michael Yang, Deputy Director of Sales & Marketing Management Department, ZPMC signing the agreement. Special Invitees witness the event

Hambantota International Port Group (HIPG) will invest $108 million in new container handling equipment to expand capacity and strengthen its role as a regional logistics hub. The agreement with Shanghai Zhenhua Heavy Industries Co., Ltd. includes six quay cranes, 16 RTGs, and 40 trailers as part of Phase II terminal development. The new cranes will […]

The post Hambantota Port invests $108M to expand capacity to 2M TEU appeared first on Container News.

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