August 22, 2008

Baosteel modernizes Majishan Port to double capacity

Baosteel has completed a project to double the capacity of the Majishan Port near the estuary of the Yangtze River. The project, which was completed on Saturday, is expected to boost the port's handling capacity from about 26 million tons to 50 million tons a year.

2nd phase project of the Majishan Port included establishments of berths that can accommodate ships up to 300,000 DWT and a 0.32 square kilometer ore ground built on polders.

The Majishan Port, located on the Majishan island off east China's Zhejiang Province, was China's first deep water port built on an island. The 1st phase project of the port, which became operational in 2002, was planned to facilitate iron ore imports for Baosteel and other steel companies along the Yangtze. It handled about 26.16 million tons of cargoes in 2006.