A major ferry and Ro-Ro service operator Hainan Strait Shipping is looking to spend more than US$310 million as it embarks on a new venture to acquire port and shipping assets, according to Splash24/7.
Hainan Strait Shipping has announced further plans to acquire a Ro-Ro terminal in Xinhai port area of Haikou Port.
The company is also planning further acquisitions, of which no further details have yet been provided.