The company’s total port handling throughput rose 12 percent in January-August, after a 5 percent drop in January alone, Chairman Sun Hong told reporters at the World Economic Forum in Dalian.
Dalian Port is building a 1.25 million cubic metre oil tank with CNPC, the state-owned parent of PetroChina and expects to complete construction this year and start filling the tank with oil in 2010, Sun said.
Dalian Port is also investing more in iron ore and oil handling infrastructure, though it is cutting its spending in containers, he added.