World Navigator, a Singapore-registered vessel, loaded with 36,050 tons of methanol, docked at the Oiltanking Terminal #9 in Jiangbei New Area. This marks the arrival of the first foreign vessel since the terminal received the approval for international trade on December 19 by Jiangsu Provincial People’s Government.

The vessel has a deadweight tonnage of 50,000 tons and a length of 183 meters. The terminal has been the first international trade port opened in Nanjing since 2019. The opening is expected to generate an annual foreign trade cargo value of about 250 million dollars for Oiltanking and bring 320-odd million yuan in foreign trade tariffs and VAT to Nanjing.

As a China-Germany joint venture, Oiltanking Nanjing has experienced rapid growth over the years. In 2023, the terminal’s throughput reached 2.4 million tons, with an annual growth rate of 18.3%. The proportion of foreign trade throughput reached 70%, making it the largest public liquid chemical terminal in Jiangbei New Area regarding throughput.