A joint venture between Ningbo Port Group and APM Terminals would invest in and operate berths 3, 4 and 5 at NingboÂ’s Meishan Container Terminal in China. Both the parties have recently entered into an agreement
for this joint venture. While Ningbo Port Group would invest 75 percent, APM Terminals would contribute the remaining 25 percent in the joint venture. The berths are expected to ope
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