COSCO Eyes Investment in Croatian Port of Rijeka

Shipping Giant COSCO Eyes Investment in Croatian Port of Rijeka

Chinese shipping giant COSCO is interested in investing in Croatia’s main Adriatic port of Rijeka.

COSCO chairman Wei Jiafu said: “It is interesting for us in terms of (getting a) concession to manage Rijeka port, on the northern Adriatic coast.”

He spoke after a COSCO delegation met with the Prime Minister Zoran Milanovic to discuss their interest in Rijeka which they hope could serve as China’s main link with central Europe and significantly shorten transport time for Chines products destined for the region.

There have not been any Chinese investments in Croatia so far but that is likely to change as Croatia is due to enter the European Union next year.

Last week, the Rijeka Port Authority signed an agreement to build a brand new container terminal in Rijeka Port. The terminal, scheduled for completion in 2017, will be one of the main components of the Rijeka Gateway project, which aims to modernize the Port of Rijeka.

World Maritime News Staff, April 25, 2012; Image: COSCO

Share this article

Follow World Maritime News

In Depth>


<< Jan 2020 >>
30 31 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

The 9th Annual Event Green Shiptech China Congress 2020

The 9th Annual Event- Green Shiptech China Congress 2020 will be held on next…

read more >

Maritime Reconnaissance and Surveillance Technology

As varied threats in the Mediterranean Sea continue to proliferate, the need to advance…

read more >


Forum you will find out from the regulators, government bodies and major ports’ representatives what the near…

read more >

7th Annual Arctic Exchange

Every year the Exchange invites delegates from across the globe to come together to listen to key senior management teams…

read more >