Ground Broken on Shenghong Tanker Terminal in Lianyungang
07.22.2019 By Greta Talmaci - NEWS

July 22, 2019 [Seatrade Maritime News] – Construction has started of Shenghong Group’s liquid bulk cargo terminal project in Lianyungang, Jiangsu province, China.

 
The project, located at Xuwei port area of Lianyungang port, includes a 300,000 tonne oil and product tanker berth with a designed annual handling capacity of 17.4m tonnes; four 50,000 tonne liquid bulk cargo berths with a handling capacity of 9.3m tonnes, and related facilities.
 
Miao Hangeng, chairman of Shenghong Group, said that the terminal project will become an important base for Lianyungang petrochemical industry and a major channel for local chemical products transportation.
 
The Lianyungang petrochemical industry base, located at Xuwei new area, is one of the seven major petrochemical industry bases in China. The project, with a total investment of RMB2.68bn ($398.7m), is scheduled for delivery and operation in 2021.
 
Shenghong Group, established in 1992, is a private company focused on the petrochemical, energy, textile, real estate and hotel management industries.

————-

Click Here to Access Today a 4,900 Tank Terminal Database With a Pro Trial

Sempra to Sell Mexico Energy Assets, Stake in Infrastructure Unit
04.01.2025 - NEWS
April 01, 2025 [Reuters]- Utility firm Sempra will sell some energy infrastructure assets in Mexi... Read More
Exclusive: Brookfield Nears $9 Billion-Plus Deal for Colonial Pipeline, Sources Say
04.01.2025 - NEWS
April 01, 2025 [Reuters]- Brookfield Asset Management is putting the final touches on a deal to a... Read More
U.S. Oil Output Drops to Lowest Level in 15 Months
04.01.2025 - NEWS
April 01, 2025 [Oil Price]- January U.S. crude oil production was down 305,000 barrels per day, ... Read More
Japan's Tokyo Gas Expands in US Shale Gas with Chevron Deal
04.01.2025 - NEWS
April 01, 2025 [Reuters]- TG Natural Resources LLC (TGNR), co-owned by Tokyo Gas and Castleton Co... Read More