IHC Merwede reinforces Chinese port development
More than 1000 ports
One of the developments in China is an adaptation of the country’s law in 1998, which gave the more than thousand Chinese ports an autonomous status. Port Authorities soon looked for ways to develop the respective assets and to rise funds for that purpose. The former state owned dredge companies under the China Harbour Engineering Group (CHEC) became public companies in 2004 and several private investors entered into the dredge market. Ports like Huang Hua port, Tianjin Port and the Yangzte Estuary Waterway Administration Board invested in their own dredge equipment.
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Title: New building in cooperation
IHC Merwede reinforces Chinese port development
P&D 170, year: 2008, pages: 32 - 37
Download article: PDF - 561 kB
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