DALIAN SIGNS UP PARTNERS

A key component is the construction of a new deepwater container transhipment terminal at Ballylongford, County Kerry, at an estimated cost of €250m, a terminal which is expected to capitalise on the acute congestion at existing European container ports such as Rotterdam, Antwerp and Bremerhaven.

Cosco Pacific has signed a strategic partnership agreement with Dalian Port Group, PSA and AP Moller to support the development of the port of Dalian.