Industry news
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Indonesia July Trade Surplus Seen Narrowing Amid Slowing Global Trade
JAKARTA (Reuters) – Indonesia’s trade surplus may have narrowed to $3.93 billion last month due to weakening export performance as global trade activity slows, according to economists polled by Reuters. Southeast Asia’s biggest economy booked a larger-than-expected trade surpl...Read more -
AD Ports makes first overseas acquisition AD Ports
AD Ports Group has expanded its presence in the Red Ssea market with the acquisition of 70% stake in International Cargo Carrier BV. International Cargo Carrier wholly owns two maritime companies based in Egypt – regional container shipping company Transmar International Shipping Company a...Read more -
China, Greece celebrate 50 years of diplomatic relations
PIRAEUS, Greece – China and Greece have benefited greatly from bilateral cooperation over the past half-century and are moving forward to seize opportunities to strengthen ties in the future, officials and scholars from both sides said Friday during a symposium held both online and offline....Read more -
Jinjiang Shipping adds one Southeast Asia service Fangcheng first LNG terminal ready for international vessels
Katherine Si | May 18, 2022 Started from 1 June, the new service will call at the Chinese ports of Shanghai, Nansha, and Laem Chabang, Bangkok and Ho Chi Minh in Thailand and Vietnam. Jinjiang Shipping initiated services to Thailand in 2012 and the service to Vietnam in 2015. The newly opene...Read more -
Global shipping firms get boost in China
By ZHU WENQIAN and ZHONG NAN | CHINA DAILY | Updated: 2022-05-10 China has freed up the coastal piggyback system for shipping of foreign trade containers between ports within China, enabling foreign logistics giants such as A.P.Moller-Maersk and Orient Overseas Container Line to plan firs...Read more -
Aligning with high-level global trade rules stressed
China is likely to take a more proactive approach to align with high-standard international economic and trade rules, as well as to make more contributions to the formation of new international economic rules that reflect China’s experiences, according to experts and business leaders. Such...Read more -
RCEP: Victory for an open region
After seven years of marathon negotiations, the Regional Comprehensive Economic Partnership Agreement, or RCEP — a mega FTA spanning two continents — was launched at last on Jan 1. It involves 15 economies, a population base of about 3.5 billion and a GDP of $23 trillion. It accounts for 32.2 pe...Read more
