Another Chinese port with state-owned backers is putting its money on the controversial 400,000-dwt ore carriers that remain banned from the country.
Zhoushan Port Corp has revealed its plans for a huge transhipment hub now under construction on new land in the East China Sea at Shulanghu Island, which would receive iron ore carriers of up to 400,000 dwt for loading onto smaller ships of up to 100,000 dwt.
