News Release

7th July 2004

Xiamen Haicang Channel Dredging Completed


[7 July 2004 – Hong Kong] – The newly broadened and deepened navigation channels of Xiamen Port were completed in June. This enables Xiamen International Container Terminals (XICT) to provide year-round service for 6th generation container vessels as well as further enhancing its competitiveness.

The second phase of the dredging work for the 100,000-dwt channels involves the main channel and the Haicang sub-channel (connecting the Haicang Port Zone) totaling 43.6 kilometres in length. The 4.3-kilometre Haicang sub-channel has a designed breadth of 300 metres and depth of 14 to 14.5 metres. The total cost of the work amounts to RMB159 million.

Mr. Edward Tang, General Manager of XICT commented, “XICT has the advantage as a natural deep-water port with the existing 13.3 metres depth alongside. Much credit goes to the Xiamen Municipal Government and the relevant government departments in promoting the development of shipping industry and the Haicang Port Zone. This channel dredging work has not only created an excellent environment for Haicang development, but has also strengthened XICT’s leading position in the international shipping hub in Xiamen.”