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The country's petrochemical industry may see a 13 to 15 percent year-on-year growth in turnover this year, thanks to the economic recovery, an industry association said yesterday. Full-year profit for the sector will rise 8 to 10 percent, according to China Petroleum & Chemical Industry Association (CPCIA). "The solid rebound in the petrochemical i...
Egyptian Minister of Investment Mahmoud Mohieldin is paying a three-day official visit to China that began Jan 27 to promote the two countries' trade and attract more Chinese investors to this ancient country in Africa. Coming with the ministers are officials from the Ministry of Investment and corporation delegates. During the visit deals between Chines...
GUANGDONG customs latest statistical figures show that the province's trade value dropped 10.8 per cent year on year in 2009 to US$611.1 billion, but narrower than the national average of 13.9 per cent, taking up 27.7 per cent of China's total, Logistics Week reported. Export value fell 11.5 per cent to $359 billion. Import value went 9.7 per cent down ...
SOUTHEASTERN China's Fujian province registered a trade value of US$79.7 billion in 2009, the seventh largest in China, Logistics Week reported. Export value was $53.3 billion and the sixth largest in China. Import value was $26.3 billion and the ninth largest in China. Value of general trade cargo increased by 4.8 per cent to $45.8 billion, accounting...
THE Importer Security Filing, or 10+2 rule, came into effect this week and demands that shippers and carriers submit to US Customs and Border Protection 12 pieces of information not included in the cargo manifest to help target suspicious containers dangerous contraband. Customs officials said enforcement will be implemented in stages, reported Newark's ...
CHINA's foreign trade in 2009 dropped 13.9 per cent from a year earlier to US$2.21 trillion and its trade surplus last year slid 34.2 per cent to $196.1 billion, according to figures released by the General Administration of Customs (GAC). GAC figures showed China's monthly exports in December 2009 were worth $130.7 billion, up 17.7 per cent from a year...
Saudi Arabian Oil Co., better known as Saudi Aramco, the world’s biggest crude producer, is exporting about 1 million barrels a day to China, more than to the U.S., Chief Executive Officer Khalid al-Falih said. “We are already exporting more to China than to the U.S.,” he said yesterday in an interview with Bloomberg in Davos, Switzerlan...
Shares in Gansu Qilianshan Cement Co, one of China's largest cement producers, rose 0.85 percent to finish at 14.3 yuan ($2.1) Wednesday after it announced an expected doubling of profits in 2009. In a statement filed to the Shenzhen Stock Exchange earlier in the day, Gansu Qilianshan Cement said the growth stemmed from good business operations in both m...
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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