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BEIJING - More policy tools are being worked out to encourage energy conservation and the use of renewables to propel the development of China's energy-saving industries, an official from the National Development and Reform Commission (NDRC) said. Speaking at an energy conference, Xie Ji, deputy director of environmental protection and resource conservat...
BHP Billiton Ltd, the world's largest mining company, raised third-quarter iron ore output by 11 percent, less than Credit Suisse Group AG forecast, as demand from Chinese steelmakers surged. Output of the ore, the company's biggest earner in fiscal 2009, was 31.16 million tons in the three months ended March 31, up from 28.19 million tons a year earlie...
“Trucks you can trust” is the motto for the Mercedes-Benz stand – stretching over a good 1000 cubic metres in Hall B4 – at the bauma 2010 show in Munich (19 to 25 April 2010). The motto applies both to the highly reliable, economical and durable technology for which Mercedes-Benz is renowned and the comprehensive support offered to c...
- US company AxleTech International, a General Dynamics subsidiary, has introduced a new axle for heavy-duty empty container handlers. The axle incorporates wheel-end technology that can reduce tyre wear by as much as 60%. The patented XTL® (extended tyre life) allows independent rotation of wheels during a turn, thereby minimising tyre scrub, which i...
Shanghai: Despite blast furnace output being at all time highs, iron ore exports to China continued to lag in March, according to a report by MacQuarie Commodities. “With the recovery in the rest of the world continuing at pace, China’s once dominant market share in seaborne trade shows signs of being further squeezed. Thus, with Chinese produ...
China's cargo throughput at ports saw a sharp 20 percent increase year-on-year in the first quarter of this year, reports 21st Century Business Herald, citing He Jianzhong, a spokesman of the Ministry of Transport (MoT). According to He, China's port container throughput had increased more than seven percent year-on-year in the first quarter of 2010. ...
SHANGHAI - There is a greater probability of yuan appreciation in the second quarter as China steps up curbs on home loans to help deter speculative capital inflows, China International Capital Corp (CICC) said. The State Council said last week banks should stop loans for third-home purchases and suspend lending to buyers who can't provide tax returns or...
BEIJING - China's largest power grid operator State Grid on Monday said it plans to reduce carbon dioxide (CO2) emissions by 10.5 billion tons over the next ten years by using smart grid technologies. This will contribute more than 20 percent to the Chinese government's goal of reducing carbon intensity, according to the company. China plans to cut carb...
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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