Zhejiang`s Jiaxing river port to have a capacity of 100,000 TEU

Jiaxing city river port phase 1 multi-purpose terminal, in eastern China`s Zhejiang province, is scheduled to commence operation in March, with an annual capacity of 100,000 TEU, Xinhua reported.
The terminal is located on the south bank of the Hangzhou-Shanghai sailing channel. After having been fully completed, the terminal will have a maximum capacity of 700,000 TEU per year. The first phase will equip the dock with one container crane and a container yard.
The terminal is expected to lower Jianxing shipper costs by 20 per cent