6.4 C
Monday, January 17, 2022

New CN mobile APP Available Now

New CN mobile APP Available Now

Home Port News Wan Hai to spend almost US$253 million to refurbish Kaohsiung terminal

Wan Hai to spend almost US$253 million to refurbish Kaohsiung terminal

Taiwanese liner operator Wan Hai Lines will spend nearly US$253 million on refurbishing the No. 5 Terminal in Kaohsiung after taking over the facility from compatriot rival Evergreen Marine Corporation, which will shift its operations to the newly built No. 7 Terminal this year.

The No. 5 Terminal is home to berths 79 to 81, spanning a total wharf length of 870 metres.

Wan Hai will lease the terminal for 20 years after signing the contract with Taiwan International Ports Corporation (TIPC) on 12 January. Lease payments over the two decades are expected to total approximately US$293 million.

The company will renovate the berths and the container yard in the terminal, and install new bridge cranes and gantry cranes to make loading and unloading more efficient.

With water depths of 14 metres to 15 metres, Wan Hai plans to use Terminal No. 5 to strengthen its ocean-going services, having launched solo services to the US West Coast and US East Coast in the last two years to take advantage of rising freight rates. The facility will cater to the fleet of 13,000 TEU ships that Wan Hai has recently ordered from Hyundai Heavy Industries and Samsung Heavy Industries, enabling the company to carry out transhipments.

TIPC chairman Lee Hsien-yi alluded to Wan Hai’s growth over the last 30 years, which has seen the liner operator shift its operations from a single berth in Terminal 1 to berths 63 and 64 in Terminal 2. Except for the disruptions caused by Covid-19 in 2020, Wan Hai has handled around 1 million TEU annually in Kaohsiung.

Martina Li
Asia Correspondent

Latest Posts

COSCO offers “special train” service to its compatriot Hisense Group

COSCO Shipping Group has announced that a special train for Hisense Home Appliances fully loaded with Hisense electrical products departed from Jimo Port Station...

Box volumes boost at Port Saint John in 2021

Port Saint John in Canada has reported a 10% increase in its annual container volumes with 86,949 TEU moved through the port in 2021. This...

Port of Felixstowe reports record container cargo handling

Hutchison Ports-operated Port of Felixstowe has handled the largest number of containers ever on a single ship in Europe, when the UK port's dockers...

CN Photo Project: The Picture of the Week

Container News wants to thank you all for your participation in the CN Photo Project. Among all the very beautiful photos we have received, the Container News team has...

Project44 reports slight relief in port congestion during December

The visibility platform company for the global supply chain, Project44 has conducted an investigation, indicating that dwell times for most ports have changed a...