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Asia Pacific China Ports and Logistics

Dalian Port scraps $490m expansion projects to pay debt

The operator of one of the largest ports in northern China has now decided to spend the entire proceeds from an earlier share offering on repaying bank loans rather than on expansion plans

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Move comes as the port has been experiencing an industry slowdown in recent years as China’s economy decelerates

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Asia Pacific China Ports and Logistics
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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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