NIPPON Yusen Kaisha (NYK), through its unit Nippon
Container Terminals, is to acquire 12.5 percent stake in Yang Ming's Kao Ming
Container Terminal Corp (KMCT) for an undisclosed sum.
KMCT started operations in Taiwan's largest port in 2011
and has 960-metre berth capable of handling two 14,000-TEU vessels at the same
time. A second phase is due for completion in September 2014, which will enable
the terminal to handle four 14,000-TEU ships simultaneously.
NYK noted the terminal's green credentials including the
use of windmills and solar power.
Source : HKSG.
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