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Guangzhou Port announced last week that it will invest nearly $284m to develop a shipping and port complex in its sub-port, Nansha, to offer container leasing, stevedoring, forwarding and other port services.

The fifth-busiest container port globally is optimistic about future growth, after throughput in the first four months of 2023 grew 3% year-on-year to 7.3m teu.

To occupy a 76,000-square metre area, the complex will be situated on the northwest side of Nansha’s Phase III container terminal in Longxue island. To the ...

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