APM Terminals, the ports arm of Danish shipping and oil group A.P. Moller-Maersk , has agreed with China's Ningbo Port to take a one-fourth stake in a port expansion project with total investment costs of 4.29 billion yuan ($673.44 million), Ningbo port said on Friday, Reuters reports.
The announcement from Ningbo Port chairman Li Linghong came during a visit to Denmark by Chinese President Hu Jintao.
All news