With approval from the Parliament of Greece, COSCO Pacific, a subsidiary of the China Ocean Shipping (Group) Company, was granted 35 years of operation rights in the Piraeus Port of Greece, marking the first time overseas port operation rights have been granted to a Chinese company. The port concession agreement, signed on November 25 last year between CO...
The European Commission issued a statement on March 4 saying it would launch a sunset review on anti-dumping measures for China's silicon metal that has been in place for 19 years. The investigations were applied for by Euroalliages and the European Users of Silicon Metal (EUSMET). The European Commission initiated anti-dumping investigations against C...
China's major heavy machinery maker, Sany Heavy Industry Co is planning to enter the nuclear power and jet engine manufacturing business even as it remains cautious on overseas acquisitions, a top company official said. This would mark another major shift for the company after it diversified into wind power equipment manufacture recently. These are o...
The Center for Food Safety of Hong Kong (CFS) announced Monday that the processing of applications for bone-in beef import from Canada would resume with immediate effect. In view of Canada's implementation of enhanced control measures against Bovine Spongiform Encephalopathy (BSE), also known as mad cow disease, we will partially lift the suspension of i...
China National Offshore Oil Company Limited (CNOOC Ltd.) said Monday that oil and gas production in Nigeria's OML130 project, of which CNOOC Ltd. holds a 45-percent interest, has begun ahead of the planned start-up date. Akpo, an oil formation under the OML130 drilling license, was discovered in 2000. The area is located 200 kilometers from the Nigerian ...
Hong Kong's total cargo throughput rose 6 percent year on year in 2008 to 259.4 million tons, with a sharp decline in the fourth quarter reading that even dipped to negative ground, the Census and Statistics Department of the Hong Kong Special Administrative Region (HKSAR) government said Monday. Inward port cargo throughput for the year as a whole ros...
The Hong Kong Economic and Trade Office in Berlin, which represents the Hong Kong Special Administrative Region (HKSAR) government, officially started operation on Monday, the HKSAR government said. Rita Lau, secretary for commerce and economic development, said the establishment of the office would greatly help foster ties between Hong Kong and central a...
Thai deputy premier Korbsak Sabhavasu said here Monday that overseas-Chinese businessmen are welcomed to invest in Thailand. A group of overseas-Chinese businessmen are now visiting Thailand on projects relating to agricultural products, the deputy premier said after meeting with those businessmen. The Thai agricultural products, which have attracted th...
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