Tianjin Port Holdings Resumes Operations after Deadly Blasts

Hong Kong-listed Tianjin Port Development Holdings has continued its port operations as normal following last night’s massive explosions in Tianjin Port International Logistics Centre in the Binhai New Area of Tianjin.

Tianjin Port Holdings said that an inquiry determined that Tianjin Dongjiang Port Rui Hai International Logistics, the owner of the warehouse where the explosions reportedly started, is not a subsidiary or an associated company of Tianjin Port Holdings or its subsidiaries.

Tianjin Port Holdings is in the process of assessing the loss caused to the company by the explosions and the subsequent fires.

Based on the preliminary assessment, the company anticipates that the accident will not cause any material loss to the company or its subsidiaries.

Last night’s explosions killed at least 50 people, 12 of whom were firefighters. Around 701 people have been injured by the blasts and hospitalized, 71 of them in critical condition.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Jul 2019 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

World Gas Series: Morocco Summit

Bringing together key players in the gas value chain in Morocco, the World Gas Series:

read more >

GreenTech in Shipping USA Forum 2019

GreenTech in Shipping USA Forum is an event for Maritime leaders who want to unlock successful business formula of the industry!

read more >

Shipping Transformation Asia

Shipping Transformation Asia will provide a platform for future-focused discussion in the shipping,…

read more >

Global Sustainable Shipping Forum 2019

The event will provide valuable insights from conference sessions, great networking opportunities and will offer…

read more >