I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

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Thursday, 19 May 2011

NOL makes first investment in China terminal

SINGAPORE - Singapore's Neptune Orient Lines (NOL), the world's seventh largest container shipping firm, announced on Thursday its first investment in a China terminal.
NOL will invest US$25.8 million in a joint venture with Chinese shipping logistics firm SITC International Holdings and Qingdao Qianwan United Container Terminal to operate a two-berth container terminal at the port of Qingdao.

The terminal will add 1.5 million twenty-foot equivalent units (TEUs) of annual capacity at Qingdao, which is China's fifth-largest container port and the largest in northern region, NOL said. -- REUTERS
Posted by Createwealth8888 at 19:34
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