HUMEN Port Group recently inked agreement of capital increase on the PSA Dongguan Container Terminal (PSA DGCT) phase one and agreement of equity reorganisation on the phase two facility with Port of Singapore Authority and Sinotrans Guangdong, Xinhua reports.

After the reorganisation, Humen Port Group holds 51 per cent of the phase one terminal and PSA 49 per cent. As for the phase two, Humen Port Group holds 51 per cent and Sinotrans Guangdong 49 per cent. Humen Port Group now holds equity of all the four berths at the two terminals. It previously held only two.

The two terminals now operates two international shipping lanes and 14 domestic trade lanes. It recorded a throughput of 150,000 TEU during the first quarter of this year, nearly the full-year volume in 2011.

Dongguan government said the equity reorganization is significant. Not only the number of berths Humen Port Group holds increased, it also obtains proceeds from the reorganization which will be used for the terminal's future development.

By the end of this year, Humen's container throughput is estimated to rise to somewhere between 800,000 to 1 million TEU.