Wuhan to invest $793m in new port area
Major Yangtze River port Wuhan Port is going to develop a new port area, including a container terminal, at Hannan in Wuhan. Total investment for the project will be around RMB5.15bn ($793m).
Chinese firm to replicate the Titanic - to be built at Wuhan
A Sichuan-based energy company has said it plans to spend as much as 1 billion yuan (HK$1.28 billion) to build an life-sized replica of the ill-fated ocean liner RMS Titanic, and moor it permanently in a local river to attract tourists. The privately-owned Sichuan Seven Star Energy Investment Group announced in Hong Kong on Sunday that it had hired a US firm to provide designs based on the Titanic’s sister ship, RMS Olympic. The new ship would be built by the Wuchang Shipbuilding Industry Company Ltd. at Wuhan, a subsidiary of the state-owned giant China Shipbuilding Industry Corporation, it said. It said the construction of the ship was expected to last two years, but didn’t say whether it had already started. The ambitious project was part of a plan to build a world-class tourist destination in the little-known rural county of Daying in Sichuan Province, said the company, adding that the ship would be docked permanently on the bank of the Qi River, which runs across the county.
River-sea shipping line linking Luzhou and Wuhan to be launched
A RIVER-SEA intermodal shipping line connecting the Yangtze River city of Luzhou in Sichuan province and Wuhan in Hubei province will be launched by the end of this year, Xinhua reports. With the new service, Sichuan products, such as auto parts, mechanical or electronic products, will be shipped to Wuhan on smaller vessels and then be loaded onto larger near-sea ships for Taiwan, moving goods nearly four times faster door to door. Luzhou port, being the only river port in the region to offer sea-rail intermodal service, is an important port for trade cargo in the mid-west region. Last year, it handled 135,200 TEU, taking up 84 per cent of Sichuan's total. There is already a shuttle shipping service in operation between Luzhou and Wuhan. The service ran 302 sailings last year, carrying 37,200 TEU, up 45 per cent year-on-year.Upload News