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| China Confidential Client, Hong Kong. Seaport Consultants Canada reviewed financial information memorandum for container terminal. Seaport reviewed traffic forecasts, container shipping trends and container handling tariffs for the lead bank in the lending consortium. This work was part of a due diligence review of the Information Memorandum, prepared by a major investment bank, for the Container Terminal 9 project in Hong Kong. Babtie BMT (Hong Kong) Ltd for Fairyoung Port Investments Limited. Traffic forecast for the Port of Nanjing. Fairyoung had entered a joint venture to operate the Nanjing Huining terminal at Xinshengwei, the foreign trade area of the Port of Nanjing. Seaport Consultants Canada's work involved data gathering in Nanjing and compilation of statistics on economy of Jiangsu Province. Seaport met with the Jiangsu Province Ministry of Communications, State Planning Commission and Commission of Foreign Economic Relations and Trade, China Chamber of International Commerce, Nanjing Commission of Foreign Economic Relations and Trade, and two Nanjing-area Economic Technical Development Zones (industrial estates). We evaluated the economics of container transshipment via Shanghai and Hong Kong, intermodal transport of high-value cargoes between Nanjing and Shanghai, and container transport on the Yangtze River. We reviewed the implications for Port of Nanjing container traffic of Shanghai container port developments and introduction of linehaul vessel calls, creation of the Shanghai International Trade Centre, transshipment cargo restrictions imposed by the Chinese national government, and opening of the Nanjing - Shanghai expressway. |
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