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            july 23, 2019

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Three operators to merge box terminals


Three Xiamen container terminal operators — the Xiamen International Port Company, the Xiamen ITG Group and the Xiangyu Group — have announced plans to merge their terminals, according to reports. The merger involves a total of 25 container berths.
Unofficially called the Xiamen Container Terminal Group, a joint venture will be established to operate the merged terminals. "Nearly all state-owned container terminals in Xiamen will be merged together", an unspecified person close to the deal disclosed.

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