Transnet SOC, South Africa’s state-owned ports and rail operator, and China Development Bank have signed an agreement to jointly explore and identify opportunities for the Chinese state-owned bank to have a role in Transnet’s infrastructure upgrade programs.
China Trade Finance
01 Mar 2013
Pacific Northwest ports outpaced their southern West Coast rivals in year-over-year growth in container trade with Asia, with a 3.9 percent increase in imports, 1 percent in exports and 2.7 percent in total trade through the first 11 months of 2012.
28 Feb 2013
Analysts are hopeful that trade between Japan and China will improve gradually this year after a 2012 slump made far more painful by a territorial dispute over a group of islands in the East China Sea.
06 Feb 2013
Zhang Yuangzhong, a lawyer in Beijing, is leading a shareholders’ revolt against China Cosco Holdings, a subsidiary of Cosco Group, in order to get rid of Wei Jiafu, the maritime group’s chairman.
18 Jan 2013
The economies of China, India and Vietnam are projected to grow faster in 2013 than they did in 2012, raising hopes in the maritime industry that the major east-west trade lanes serving Asia again will be engines of growth.
19 Oct 2012
The World Trade Organization Appellate Body panel favored the U.S. in a dispute challenging China’s imposition on U.S. exports of grain oriented flat-rolled electrical steel.
18 Oct 2012
Container carrier Hanjin Shipping and maritime transportation company Evergreen Line are reducing capacity on the weekly China-Europe service from October to December...
15 Oct 2012
China's softwood log and lumber imports declined 19 percent year-over-year in the first eight months of 2012.
12 Oct 2012
Chapman Freeborn Airchartering opened a new office in Hong Kong yesterday, expanding its on-board courier services after acquiring Euro Express Ltd...
10 Oct 2012
A handful of importers in the eastbound Pacific trades sign their annual service contracts during the cold winter months when spot market rates are low and carriers are anxious to lock in cargo commitments for the coming year.