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Growth in container throughput at major mainland ports is likely to slow in the second half of the year due to the European sovereign debt crisis, the Chinese Ministry of Transport warned So far, Europe's problems have not significantly affected China's containerised exports, which enjoyed strong growth in the first half, but the ministry said the cri...
AMERICAN and Angolan trade officials met in Luanda recently to strengthen trade and investment between the two countries. Angola is America's third largest sub-Saharan trading partner after Nigeria and South Africa. Trade totalled US$10.7 billion in 2009 ($9.3 billion in US imports from Angola and $1.4 billion in US exports), a 49 per cent decrease fro...
NEW DELHI - India's manufacturing growth slid in June from a 27-month peak in May as orders and output grew at a slower pace. The Purchasing Managers' Index declined to 57.3 from 59 in May, HSBC Holdings Plc and Markit Economics said in an e-mailed statement. The nation joined China and South Korea in reporting weaker gains in manufacturing, sugge...
SEOUL: South Korea's Hyundai Motor Co posted a third successive monthly decline in domestic sales to a 10-month low on Thursday, hit by tough competition in the absence of new models, although the pace of decline moderated. Hyundai, one of the top global performers during the financial crisis and sales slump that followed, said June domestic sales edge...
Apple Inc will launch its second retail store in China, the Shanghai Apple Store, on July 10, China Business News reported Friday. The move marks Apple restarting its store opening spree in China. Sources with Apple Inc told the paper that the company plans to open two stores in Shanghai and by the end of 2011, Apple Store numbers in China would increas...
China, the world's second-biggest energy consumer, may post a 9 percent gain in monthly oil demand in the second-half of 2010 from a year earlier as its reliance on oil imports grow, China Oil, Gas & Petrochemicals said. Monthly oil demand may reach 35.5 million metric tons, China OGP, a newsletter published by Xinhua News Agency, said in its lates...
China, the world's second-biggest energy user, started construction of its first carbon dioxide capture and storage project in Ordos in Inner Mongolia to reduce emissions. The project will cost 210 million yuan ($30.9 million) and will be able to hold 100,000 metric tons of carbon dioxide a year, China National Petroleum Corp, the country's biggest oi...
WASHINGTON - The United States International Trade Commission (USITC) decided Thursday to deny a ruling by the Commerce Department on final antidumping duties (AD) and countervailing duties (CVD) on imports of some $235.9 million wire decking from China. As a result of the commission's negative determinations, no antidumping or countervailing duty orde...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi
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