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.