Wallenius Wilhelmsen Logistics prend 15% du nouveau terminal Ro-Ro de Tanjin

Communiqué de Wallenius Wilhelmsen Logistics
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Taking a stake in one of China’s biggest RoRo terminals

2007-07-25
Wallenius Wilhelmsen Logistics has taken a 15% stake in a new RoRo terminal in the Port of Tianjin. The move recognises the importance of China as a growing market economy and a major force in automotive manufacturing.

The new $98 million USD terminal, to be owned by TPG Global RO-RO Terminal Co Ltd, is a three-way venture with Wallenius Wilhelmsen Terminals North AB, Tianjin Port Stock Co Ltd (51 per cent) and Nippon Yusen Kabushiki Kaisha in Tianjin (34 per cent). TPG has the rights to operate the terminal for 30 years with an option to extend the term. Tianjin is the largest port in North China.
Designed to handle upwards of 500,000 vehicles a year, the new 296 000 m2 terminal will incorporate two RoRo berths for cars, high and heavy RoRo equipment and static cargoes.
It is being built to meet the increasing demands for RoRo and vehicle traffic expansion in China and the increasing importance of the Port of Tianjin as the prime hub for North East China, handling domestic as well as import/export related cargo.
Construction of the new terminal, situated in Tianjin Port’s North Harbour, is due to start by the end of July or in early August 2007. The plan is to have one berth open by end of 2007 and the whole terminal by October 2008.
Richard Heintzelman, President, Wallenius Wilhelmsen Logistics Asia said: "The new Tianjin development is part of our regional strategy for building a sustainable logistics infrastructure in China. It supports our aim of providing a global integrated quality factory-to-dealer logistics service to our customers.
We intend to bring our worldwide expertise into the terminal. This is the first in a number of long-term investments we will be making within the region over the coming years.
We are excited about the opportunity to assist Chinese Customers with both their export and import needs by combining first-class terminal facilities with superior inland and award-winning ocean services.
Wallenius Wilhelmsen Logistics’ Ocean Services is already moving cargo to and from Tianjin, linking the port to our global network of services. We are now licensed to provide inland distribution as well as ocean transport, terminal handling, logistics and technical services in China," he concluded.

New Terminal Specifications
Total terminal size 296 000 m²
Annual design throughput 500 000 vehicles
Quay length 565 m - 2 berths
Draft alongside 11.6 meters
Construction starting end of July/early August 2007 with completion expected 16 months later in October 2008
Dedicated space for cars, high and heavy (e.g. agricultural and construction machinery) and static cargoes (e.g. generators, machinery, & mining equipment)
Total construction cost USD $100 million
Port of Tianjin Overview



The Port of Tianjin, 50 km’s to the east of the city of Tianjin, consists of both a seaport and a river port on the Haihe River. It is a starting point of Asia Euro Rail Bridge. The port currently serves over 300 ports in 150 countries.
Tianjin is the largest industrial city in North China and the prime hub of communications for the region. It is also the gateway to the capital, Beijing – some 170 kms away.
The region is one of China's biggest industrial centres for vehicle manufacturing, machinery, electronics, textiles, chemicals, metallurgy and foodstuffs.
Tianjin Port is expecting volumes to grow to 500 000 units by 2010 and to more than 1 M units by 2015.


Main Automotive Customers for Port of Tianjin



Tianjin port which is the natural import port for Beijing currently caters for over 50% of China’s RO-RO imports.
Main customers for Tianjin include: Chinese Automobile, Truck and Bus Manufacturers, as well as International Automobile Manufacturers; High and Heavy Agricultural and Construction Equipment Manufacturers, as well as makers of static equipment e.g. generators.


Wallenius Wilhelmsen Logistics Feeder Services to and from Port of Tianjin



Wallenius Wilhelmsen Logistics has a bi-weekly shuttle from Tianjin and Shanghai to Japan for transhipment on to North and South America.
In addition, Wallenius Wilhelmsen Logistics offers a monthly service to Europe.


For further information


China
Trond Tønjum
Managing Director
Head of China, Region Asia
Wallenius Wilhelmsen Logistics Beijing, China (GMT +8 hours)
Direct Tel: +86 10 6588 2490
Switchboard: +86 10 6588 5566
Mobile: +86 1391 051 1880
Email: trond.tonjum@2wglobal.com


Europe
Robert Minton-Taylor
Media Relations Manager
Corporate Affairs
Wallenius Wilhelmsen Logistics United Kingdom (GMT +1 hour)
Tel Direct: +44 (0) 1535 634 634
Mobile: +44 (0) 7947 818 816
Fax: +44 (0) 1535 634 773
Email: robert.minton-taylor@2wglobal.com

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