Cosco Pacific to redevelop berth at port

2007-12-7

Cosco Pacific's joint venture Zhangjiagang Win Hanverky Container Terminal has signed an agreement with Zhangjiagang Port Group to redevelop a berth.

Win Hanverky will pay service fee up to a maximum of US$5.13 million. Expenses on material will be reimbursed to the contractor on an as incurred basis up to a maximum of $7.83 million.

Source: Cargonews Asia
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