Integrated ocean-river cruise homeport
Upon completion, it will become the first integrated inland ocean-river cruise homeport in China and a key cruise port along the Yangtze River.
The two parties inked cooperation framework agreements for the development of this integrated international cruise project and transformation and development of China Merchants’ Jinling Shipyard.
The integrated cruise port will be developed at Qixiashan, Nanjing. The initial project will cover an area of 65,000 square meters and entail a total investment of around RMB15bn ($2.13bn). This includes the construction of two cruise berths for international ships of 80,000gt and 30,000gt plus two river vessel berths.
Jinling Shipyard to relocate
According to the agreement, China Merchants is to relocate its Jinling Shipyard from its current production base in Nanjing to Yizheng by the end of 2023. China Merchants and the government will jointly develop the cruise project at the former Jinling Shipyard location.
Zhang Jinghua, municipal party secretary of Nanjing, said China Merchants and Nanjing have a long-term cooperation relationship. The two will work together to relocate and upgrade Jinling Shipyard and develop Qixiashan cruise project to be a leading cruise port.
Jinling Shipyard was originally a subsidiary of China’s logistics service provider Sinotrans & CSC. It was integrated into China Merchants Heavy Industry, the shipbuilding arm of China Merchants, in January as a part of the merger between China Merchants and Sinotrans & CSC.