Commodity Online
China's costliest water transport project in the Yangtze River Delta costing US $2.42 bn is expected to be completed in March this year, Xinhua News Agency reported.

The 12 year programme, with a total cost of US$2.42 billion involved a 92.2km long, 300m wide shipping channel. The channel starts at Waigaoqiao, in Shanghai, and ends where the Yangtze River enters the East China Sea.



The programme has proceeded in three phases since 1998, increasing the depth of the channel from 7m to 12.5m.The shallowness of the channel in river had long been a transport bottleneck and a hindrance to the local economies on the Yangtze River Delta, said Fan Yaxiang, party chief of the Yangtze River channel administration under the Ministry of Transport.

Thanks to the dredging programme, the channel in the estuary is able to accommodate, at any time, container vessels each with a capacity of 2,000 to 4,000 TEU and 50,000-dwt ships. It will be also capable of accommodating 6,000 to 11,000-TEU container ships and 100,000 dwt vessels at high tide.

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