K Line Zhenhua Logistics (Shanghai) opens new warehouse
K Line Zhenhua Logistics (Shanghai) Co Ltd (KLZH-Shanghai), a joint venture between the Japanese shipping company K Line and a Hong Kong enterprise, recently held an opening ceremony for new two-storey warehouse with 43,890 sqm of floor space on a 140,000 sqm plot of land. The facility, which is in the Shanghai Lingang New Town logistics park, began operations on 8 August. The logistics park, which will be subject to further development, is an economic development zone which has been approved by the PRC. The area is located on Shanghai City side of the bridge connecting Shanghai City and Yanshang deep-water port, which is now ranked as one of the world's largest trading ports.