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An Evergreen Group logistics subsidiary has been badly damaged by the fatal explosions in the northern China port city of Tianjin.
Evergreen reports its logistics unit, Kingtrans International Logistics, suffered extensive damages from the explosions that took place a week ago in the Tianjin Binhai New Area near the Tianjin port.
The group said that since the Tianjin logistics unit is located only 500 meters from the center of the explosions, the blasts have dealt a big blow to its subsidiary.
Thirteen Kingtrans employees were injured, and two of them suffered serious but not life-threatening
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injuries, the group said.
Media reported the explosions have caused massive logistical hurdles in the port city to get cargo to go through. The blasts killed at least 85 people, with more than 700 injured.
Evergreen said that as the port area has been closed by Tianjin authorities for investigations into the cause of the blasts and no personnel of Kingtrans are allowed to enter, it is hard at this moment to assess the financial losses of the subsidiary resulting from the incident.
For more of the China Post story: www.chinapost.com.tw
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