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voda 23 juli 2019 16:04

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Masteel Selects Fives for Major Revamping Project

Ma'anshan Iron & Steel Co Ltd has awarded Fives a turnkey contract to revamp a continuous galvanizing line to produce new quality coated products. The existing CGL No 1 at the Ma'anshan-I site in the Anhui province of China is capable of producing 350,000 tonnes per year of zinc coated products. Once revamped, the line will be able to deliver the corrosion-resistant ZnAlMg coated steel sheets required in the home appliances and construction industries. Fives will be responsible for coordinating and project managing the revamping project. The scope also includes the design and supply of a Stein horizontal furnace, as well as modifications of the after-pot cooling tower and a post treatment section which will be equipped with a new hot air dryer and air coolers.

The project faces a double challenge: integration of the new furnace with a heat recovery system into the existing line and design of the specific equipment to meet new coating requirements. Fives possesses the technical expertise and operation practice to overcome these challenges, which is why it was selected for this project.

Fives will use a modular concept furnace to minimize the production stoppage and will provide a dedicated team for a start-up and a production ramp-up to reach quickly high-quality grades of new coated products. The project will be also supervised by Fives' subsidiary in Shanghai, China, which will be responsible for manufacturing of the furnace local portion and supply of its electrical and automation parts. The first coil is scheduled to be produced by the end of 2020.

Source : Strategic Research Institute

voda 23 juli 2019 16:06

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China's Futures Market Posts Robust Growth In H1

Xinhua reported that China's futures market reported robust growth in the first half of this year. Data from the China Futures Association showed that the total transaction of the futures markets across the country reached CNY 128.6 trillion (about 18.69 trillion US dollars) during the Jan to June period, up 33.79% YoY.

Futures deals expanded in June with last month's transaction rising 30.2% YoY to stand at 24.2 trillion yuan.

Steel rebar posted the highest trading volume at the Shanghai Futures Exchange last month, while the Zhengzhou and Dalian commodity exchanges were topped by pure terephthalic acid and iron ore, respectively.

China saw its first dry fruit futures product traded in H1 as the Zhengzhou Commodity Exchange started trading red dates contracts in late April.

The country's options market also launched several new varieties including natural rubber, cotton and corn options in H1.

Source : Xinhua

voda 23 juli 2019 16:38

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Construction Begins on China-Russia Border Cableway

Xinhua reported that workers broke ground on a cableway spanning Heilongjiang River, which forms the China-Russia border, in hopes of advancing tourism in the region. It is the first cross-border cableway between the two countries. On completion, the cableway will link up Heihe, a city in northeast China's Heilongjiang Province, and the Russian city of Blagoveshchensk across the Heilongjiang River, also known as Amur River.

As China's opening-up gains further steam, exchanges between the two cities have been increasing. Border crossing, however, has remained stubbornly slow.

The cableway, with a budget of 570 million yuan (about 83 million U.S. dollars), will be 972 meters in length and will follow two-way traffic, with cable coaches capable of carrying 80 people each. The cableway is designed to have a transporting capacity of 6 million people annually.

Mr Qin Enting, secretary of the Heihe Municipal Committee of the Communist Party of China, said that "A cableway will be a safe and convenient shortcut for tourists to cross the Heilongjiang River. Riders will also get a glimpse of the unique views of both cities."

Source : Xinhua

voda 23 juli 2019 16:48

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Granges Shanghai Achieves ASI certification

Gränges’ production facility in Shanghai, China, has successfully been certified against Aluminium Stewardship Initiative’s Performance Standard.

Gränges’ CEO Johan Menckel said that “Achieving this ASI certification is an important milestone in our sustainability commitment and ambitious sustainability agenda and it is a great recognition for our sustainability efforts. The certification verifies that our aluminium products are produced responsibly and sustainably and it is a first step towards being able to offer certified aluminium products to our customers. It also provides assurance to our customers and other stakeholders that we are committed to meet the increased sustainability requirements. We now intend to achieve certification for our other facilities, to promote responsible production and sourcing practices in the aluminium industry.”

Source : Strategic Research Institute

voda 23 juli 2019 16:48

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China’s New Shipbuilding Giant to Challenge Global Leaders

After two decades of charting separate courses, China’s two state-owned shipbuilding heavyweights look set to join wakes once more as part of the government’s drive to consolidate the state sector. Subsidiaries of China State Shipbuilding Corp Ltd announced in various filings that their parent is planning a restructuring that will result in its merger with China Shipbuilding Industry Corp. The announcement was made on July 1 - 20 years to the day that the two companies said they would split.

The pair’s shipbuilding empires accounted for 49% of shipbuilding or repair work orders from Chinese companies last year and 20.85% of orders globally, according to a Caixin credit report. With CSSC assets worth USD 43.71 billion and CSIC holding CNY 486.945 billion of assets, the recombined company would control almost CNY 800 billion of assets.

Source : Strategic Research Institute

voda 23 juli 2019 21:00

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Volgende week onderhandelingen VS en China - media

(ABM FN-Dow Jones) De Chinese en Amerikaanse onderhandelaars zullen elkaar volgende week ontmoeten om verder te zoeken naar een oplossing voor het handelsgeschil. Dit meldde persbureau Bloomberg dinsdagavond op basis van bronnen.

Een team onder leiding van handelsgezant Robert Lighthizer vertrekt naar Shanghai en zal maandag met de gesprekken starten.

Door: ABM Financial News.
info@abmfn.nl
Redactie: +31(0)20 26 28 999

© Copyright ABM Financial News B.V. All rights reserved.

voda 24 juli 2019 13:58

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Beijing geeft groen licht voor import Amerikaanse sojabonen - media

(ABM FN-Dow Jones) China heeft een vijftal binnenlandse bedrijven groen licht gegeven om tot 3 miljoen ton aan Amerikaanse sojabonen te importeren, zonder dat hiervoor hogere importtarieven worden gerekend. Dit meldde persbureau Bloomberg woensdag op basis van ingewijden.

Het tariefvrije quotum van 2 miljoen tot 3 miljoen ton is een blijk van goede wil van de kant van Beijing en mogelijk volgt later een tweede ronde van vrijstellingen, afhankelijk van hoe de handelsbesprekingen met de VS zich ontwikkelen.

Onder de bedrijven die de Chinese overheid heeft aangewezen zijn Jiusan Group, Shandong Bohi Industry Co. en China Sea (Zhonghai) Grain and Oil Industry Co.

Naar verwachting reizen Amerikaanse onderhandelaars maandag naar China voor nieuwe gesprekken. Dat is voor het eerst sinds de G20-top waarbij Washington en Beijing afspraken weer te gaan praten. Sindsdien gebeurde dat alleen telefonisch.

Het importeren van Amerikaanse landbouwproducten is een belangrijke voorwaarde voor de VS en China om überhaupt te overleggen over een handelsdeal. Een ander cruciaal punt is het versoepelen van restricties tegen het Huawei Technologies. Eerder deze week kreeg een aantal Amerikaanse techbedrijven een tijdelijke ontheffing om toch zaken te kunnen doen met het Chinese concern.

Door: ABM Financial News.
info@abmfn.nl
Redactie: +31(0)20 26 28 999

© Copyright ABM Financial News B.V. All rights reserved.

voda 24 juli 2019 14:44

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Minister VS volgende week naar China

Gepubliceerd op 24 jul 2019 om 14:41 | Views: 0

WASHINGTON (AFN/RTR) - De Amerikaanse minister van Financiën Steven Mnuchin reist volgende week af naar China voor nieuw handelsoverleg. Dat liet hij weten in een interview met zakenzender CNBC. Hij bevestigde daarmee eerdere berichten over persoonlijk overleg tussen hoge regeringsfunctionarissen van China en de Verenigde Staten.

Naast Mnuchin gaat ook Robert Lighthizer naar het overleg, dat maandag en dinsdag in Shanghai zal plaatsvinden. Na de gespreksronde in China, gaan onderhandelaars van beide landen in Washington om tafel. De laatste tijd is er al op hoog niveau telefonisch handelsoverleg gevoerd tussen de partijen.

President Donald Trump en zijn Chinese collega Xi Jinping sloten op G20-top in Japan eind juni een wapenstilstand in het slepende handelsconflict tussen de twee economische grootmachten. Overigens dreigde Trump onlangs al wel weer met meer importheffingen op Chinese goederen.

voda 24 juli 2019 16:41

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Mergers between Chinese Shipbuilders Threaten South Korean Mid-size Firms - Report

Business Korea reported that a series of mergers between Chinese shipbuilders are threatening South Korean mid-size companies which are already struggling to survive. The mergers are a favorable development for winning China’s approval of the proposed merger between Hyundai Heavy Industries Co. and Daewoo Shipbuilding & Marine Engineering Co, but medium-sized Korean shipyards are concerned that they could lose deals to build oil tankers to Chinese companies as they did for bulk carriers.

China’s two largest dockyards – China CSSC Holdings Ltd and China Shipbuilding Industry Corp – submitted an application for merger to China’s Shanghai Stock Exchange on July 1. Following the move, the country’s four largest shipbuilders, including China Merchants Industry Holdings Co, China International Marine Containers Ltd and AVIC International Holding Corp are also in talks for a strategic merger. Such merger moves by Chinese shipbuilders have mixed effects on South Korean companies. They will have a positive effect on China’s review of the merger proposal between Hyundai Heavy and DSME. China will find it difficult to oppose the merger between the two Korean companies as similar mergers are promoted by its own shipbuilders. Samsung Heavy Industries Co. will not be affected much as well, according to experts. Some even say that the contract prices of South Korean shipbuilders will rather increase since there is a big technology gap between South Korean and Chinese companies.

However, mergers between Chinese shipbuilders are highly likely to pose a serious threat to South Korean mid-size shipbuilding firms. They have already lost most of the bulk carrier orders to Chinese shipyards. Moreover, their oil tanker market is now under threat. An official from a shipbuilding company said, “Greek shippers placed last month a considerable number of orders for Aframax oil tankers on Chinese dockyards, which offered a 5 percent to 10 percent lower price than South Korean firms. Chinese shipyards are aggressively pushing into the oil tanker market after bulk carriers.”
Source : Business Korea

voda 24 juli 2019 16:43

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5G Mobile Network Goes Live at BMW Brilliance Automotive Production Sites in China

BMW Brilliance Automotive has become the first automobile manufacturer to enable full 5G wireless coverage at all its plants. The new wireless standard allows large quantities of data to be transferred within a very short space of time, since data will now be processed in small, high-performance computer centres directly on site and no longer has to travel long distances. This means that networked machines and systems can exchange data in real time, for instance, and align themselves even better with the production process. 5G provides the ideal conditions for numerous digital innovations and has the potential to further increase efficiency, quality and flexibility in production.

BBA is also implementing the technology in a pilot project that uses 5G to transfer large quantities of test data from vehicles to the data centre in real time, making data collection and analysis more efficient. In this way, vehicle updates involving large volumes of data and real-time diagnostics could also be conducted remotely in the future.

With this development, BBA becomes the first automobile manufacturer to use 5G technology in automotive development and production.

BBA was the first 5G pilot company in Shenyang to begin developing a 5G network for its three plants back in October 2018. Once construction of the 21 mobile phone masts and 35 5G base stations was completed in April 2019, BBA already had full 5G network coverage at its car plants in Tiexi and Dadong, as well as at its powertrain plant. After only three months of technical optimisations, the 5G data rate increased from an initial 600 megabytes per second to one gigabit per second – fast enough to download an entire HD film in just a few seconds.

BBA sees the potential of 5G technology in many areas of production. Possible 5G application scenarios include augmented reality, cloud-based control of autonomous transport systems, human-machine interaction using mobile smart devices, robot-to-robot communications and communication between robotics systems and the control centre. Effective application of 5G technology in these areas has the potential to transform automobile production and boost productivity.

BBA partnered with China Unicom and China Mobile to build the necessary infrastructure and connect the 5G network across a total area of more than three million square metres.

Source : Strategic Research Institute

Bijlage:

voda 24 juli 2019 19:30

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Duitse multinationals getroffen door vermoedelijk Chinese hackersgroep

De hackersgroep Winnti heeft zijn malafide software weten te installeren op de netwerken van ten minste acht grote Duitse bedrijven. De vermoedelijk Chinese hackersgroep probeerde jarenlang zijn veelal beursgenoteerde slachtoffers te spioneren en is nog steeds actief.

De schaal van de spionage kwam aan het licht na onderzoek van de Duitse regionale omroepen Bayerischer Rundfunk (BR) en Norddeutscher Rundfunk (NDR) in samenwerken met cyberdeskundigen. De onderzoekers ontdekten honderden verschillende versies van de kwaadaardige code en zagen dat onder meer Henkel (wasmiddelen) en staalconcern ThyssenKrupp waren getroffen.

Ook bleken de computercriminelen toegang te hebben gehad tot verschillende niet-Duitse organisaties. Zo drongen ze enkele systemen binnen van het bestuur van Hongkong, de Indonesische luchtvaartmaatschappij Lion Air en het Zwitserse farmabedrijf Roche. 'Waarschijnlijk zijn nog veel meer organisaties slachtoffer', zegt John Veldhuis, senior system consultant bij cyberbeveiligingsbedrijf Sophos tegen het FD.

'Geen gevoelige informatie'
Of er ook Nederlandse bedrijven slachtoffers zijn, is niet bekend. Wel is duidelijk dat bedrijven continu worden aangevallen door kwaadaardige software zoals Winnti of op andere manieren. Zo bleek eerder dat onbetrouwbare medewerkers van het Nederlandse ASML op grote schaal bedrijfsgeheimen doorspeelden.
Welke gegevens de dieven wisten te stelen is onduidelijk. Bij Henkel kregen de bedrijven bijvoorbeeld toegang tot een volledige server en het intranet van de beursgenoteerde onderneming, maar het bedrijf zegt tegenover de omroepen geen bewijs te hebben dat gevoelige informatie is gestolen.

Al jaren actief
Het is niet voor het eerst dat Winnti een groot bedrijf binnendringt. De hackersgroep en de gelijknamige spyware bestaat al jaren. De spyware kwam voor het eerst aan het licht in 2011 toen bleek dat de servers van het gamingbedrijf Gameforge waren besmet. Het bedrijf had destijds grote moeite om de malware weer verwijderd te krijgen.

Afgelopen mei onthulde het Duitse weekblad Der Spiegel nog dat ook de start-up Teamviewer, dat software maakt waarmee systeembeheerders op afstand kunnen meekijken met gebruikers, is getroffen door de spyware. Dit bedrijf besloot zijn klanten destijds niet te informeren over het probleem. In maart werd duidelijk al duidelijk dat ook chemieconcern Bayer was getroffen.

Besmetting via mail of werkplek op afstand
Een besmetting met de kwaadaardige software kan op verschillende manieren plaatsvinden. 'Een medewerker kan op zijn verjaardag bijvoorbeeld via LinkedIn een berichtje krijgen met 'digitale verjaardagskaart'. Bij zo'n kaart kan vervolgens een extra stukje code zitten met de software.'

Maar andere opties zijn ook mogelijk. Zo kunnen de hackers ook kwetsbaarheden in gebruikte software om thuis te werken, benutten.

Eenmaal binnen probeert de malware het netwerk te verkennen en zichzelf te verstoppen in programma's die binnen het bedrijf veel worden gebruikt. De kwaadaardige code is daardoor vaak niet te vinden met een gewone antivirusscanner, maar wel met een zogeheten anti-exploit software, legt Veldhuis uit. 'Veel bedrijven zijn zich hier onvoldoende van bewust.'

Netwerk scannen
De onderzoekers wisten te achterhalen welke bedrijven waren getroffen door de kwaadaardige code zelf te analyseren. Op een gecodeerde manier schreven de hackers in de code zelf welk bedrijf ze onder handen namen.

Ook is het mogelijk het netwerk te scannen op aanwezigheid van de software. De software maakt namelijk geregeld contact met een centrale server. Met een digitaal verzoek is die centrale server na te bootsen. Reageert de gescande machine op dit verzoek, dan is deze besmet. Meestal blijkt het dan niet de enige besmette machine.

fd.nl/ondernemen/1309983/duitse-multi...

voda 25 juli 2019 11:24

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Nouryon doet overname in China

Gepubliceerd op 25 jul 2019 om 11:16 | Views: 13

AMSTERDAM (AFN) - Speciaalchemiebedrijf Nouryon koopt Zeijian Friend Chemical, een Chinese fabriek voor de productie van tri-ethylaluminium (TEAL). Die stof wordt toegepast voor de vervaardiging van een aantal polymeren.

Nouryon, de voormalige speciaalchemietak van AkzoNobel, stelt met de overname zijn positie als wereldwijde producent van TEAL te versterken. Het bedrijf verwacht met de Chinese overname beter in te kunnen spelen op de groeiende markt voor polymeren.

De fabriek is gelegen in de stadsprefectuur Jiaxing, zo'n honderd kilometer ten zuidwesten van Shanghai. Het bedrijf wordt verkocht door oprichter HaiQing Zhang, die aanblijft als adviseur. Financiële details zijn niet bekendgemaakt.

voda 25 juli 2019 13:08

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Chinese CRCC to Build Towers in Moscow

valueinvestasia.com Global Construction Review reported that state-owned mega builder China Railway Construction Corporation has won a USD 107 million contract to build two office towers for a private developer in Moscow. CRCC has been in Moscow helping to extend its subway network since 2014, but this will be giant’s first project to construct buildings in the Russian capital.

The deal, brokered with the assistance of the Chinese embassy, sees CRCC building a 20-storey tower and a 13-storey tower for Afi Development, reports China Daily.

Source : GLOBAL CONSTRUCTION REVIEW

voda 26 juli 2019 12:10

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Xangfang Xinya Group to Build 1.5 Million Tonnes Steel Plant in Indonesia

On the morning of July 19, Ms Xu Li, deputy secretary of the party committee and general manager of China 20 Metallurgical Group, and Zhang Gangyu, deputy general manager of China 20 Metallurgical Group, attended the signing ceremony of the EPC general contract for Indonesia New Asia International Co Ltd.'s annual production of 1.5 million tonnes of steel rolling project in Langfang City. Before the ceremony began, the leaders of the two sides held friendly talks. Xing Xiuqin, general manager of Xinya Group, introduced in detail the development process and business philosophy of Xinya Group, as well as the overall planning and current progress of the construction of steel rolling projects in Indonesia. She gave high praise to the service concept and professionalism of 20 Metallurgical Co, Ltd she gave high praise to the service concept and dedication of 20 Metallurgical Co Ltd Xu Li thanked General Manager Xing for his affirmation of 20 Metallurgical Co Ltd. She pointed out that 20 Metallurgical Industry is the construction enterprise with the largest number of metallurgical projects in Indonesia, enjoys a good reputation in the metallurgical industry, and has a reputation as "the show of rolling mills" and "oxygen-making professional households." the selection of 20 Metallurgical Industry as the general contractor by Xinya Group is bound to play a protective role in putting the project into production as scheduled.

Ms Xu Li concluded by saying that today's signing means a good start and closer and more practical cooperation. China 20 Metallurgical Industry will set up an excellent and capable project management team, organize carefully, make reasonable arrangements, overcome difficulties, devote more vigorous construction enthusiasm to the construction of the project, ensure civilized process, safety and high quality, and complete the steel rolling project with an annual output of 1.5 million tons as scheduled. to ensure that it goes into production on time.

The project is located in Surabaya City, Indonesia, the contract includes 1100 mm hot continuous rolling, acid continuous rolling, aluminized zinc and its supporting engineering design, equipment and material procurement and supply, engineering construction, equipment installation, equipment commissioning, quality warranty and so on.

Zhongzhong Science and Technology, Tianjin Xinbao, Bank of China, Minsheng Bank, China Metallurgical Shen Prospecting Institute, 20 Metallurgical North Company, 20 Metallurgical overseas Company and other relevant leaders attended the signing ceremony.

Source : News Metal

voda 26 juli 2019 12:38

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China’s Transport Investment Expands 4.8% in H1 2019

SMM, citing a government ministry spokesman, reported that China's transport sector saw rising investment in the first half of the year. About 1.37 trillion yuan was invested in railways, highways, shipping and civil aviation in the first six months of the year, up 4.8% from the same period last year, said Sun Wenjian, the spokesman for the Ministry of Transport, at a press conference.

However, China renovated 135,000 kilometers of rural roads in January-June, equivalent to 67.7% of its annual target of 200,000 kilometers.

Meanwhile, cargo freight rose 5.9% year on year to 24.58 billion mt, but passenger transport volume edged down 1.8% to 8.75 billion passenger trips.

Source : SMM

voda 26 juli 2019 12:41

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China Pulls Out of Kenya Railroad Project - Report

Taipei Times reported that gleaming concrete sleepers run across a new railway bridge in Kenya, the latest stretch of a Chinese-built line from the coast all the way to Uganda. Only, it does not quite reach the border. Instead, the railroad ends abruptly by a sleepy village about 120km west of the Kenyan capital, Nairobi; the tracks laid, but unused. Construction of what was intended to be a flagship infrastructure project for eastern Africa was halted earlier this year after China withheld about USD 4.9 billion in funding needed to allow the line’s completion.

Beijing’s sudden financial reticence appeared to catch the governments of Kenya and Uganda off guard: Both might now be forced to reinstate a colonial-era line in a bid to patch the link and boost regional trade. The reason for China’s attack of cold feet might lie in the project’s high profile. Chinese state media had repeatedly used the Mombasa-Nairobi Standard Gauge Railway project as a showcase for Chinese President Xi Jinping’s Belt and Road Initiative.

However, with concerns rising globally that the initiative was loading poorer nations with unsustainable debt, Xi in April signaled that Beijing would exert more control over projects and tighten oversight. That extra rigor is beginning to be felt worldwide. A planned light railway system that was the most high-profile Belt and Road project in Kazakhstan is on hold after the collapse of a local bank that handled Chinese funds.

In Zimbabwe, a giant solar project hit a funding shortfall after the Export-Import Bank of China backed out of providing financing due to the Zimbabwean government’s legacy debts, RWR Advisory Group’s Belt and Road Monitor reported this month.

Kenya’s line might be next. The Chinese “are adopting a more cautious approach to their debt exposure in Africa,” said Piers Dawson, a consultant at London-based investment consultancy Africa Matters, citing “increased noise around its sustainability and potential default.”

Source : Taipei Times

voda 26 juli 2019 12:42

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Emaar inks Agreement to Develop UD 11 Billion Project in China’s New Airport

ME Construction News reported that in line with HH Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces’ visit to China, it has been announced that Emaar will jointly develop a USD 11 billion project with Beijing Daxing International Airport. As part of the MoU signed between Emaar and Beijing Daxing International Airport, 5 square km land of the 50 sq. km airport will be utilised for the project, which will be completed in 10 years.

Mr Mohamed Alabbar, chairman of Emaar Properties, said that the project which includes residential and leisure facilities and noted that the implementation of an Emirati project in China demonstrates the confidence that the company enjoys at the international level, as reported by state news agency, WAM. Emaar’s success in implementing the project is also a clear sign of the distinguished relations between the UAE and China.

He said that “This agreement is the beginning of opening new opportunities in the Chinese market, which is the largest in the world.”

Source : ME Construction News

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voda 26 juli 2019 12:42

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Japanese to Lose Top LNG Importer Position to China by 2022

Wood Mackenzie reported that Japan could lose its pole position as the world’s top LNG importer to China as early as 2022. By then, LNG imports in Japan are expected to decline 12% to 72.8 million tonnes per annum compared to 2018, while China’s import volume rises 37.5% to 74.1 mmtpa. Despite losing this leadership position, Japanese buyers will continue to take a lead in contracting innovation with developments such as hybrid deals, coal indexation, joint procurement and carbon neutral cargoes. As several long-term contracts wind down from the early 2020s and with gas and power market liberalisation underway, this innovation will provide buyers more leverage and opportunities in future contracting discussions.

Meanwhile, ensuring security of supply through diversity of supply sources will remain a primary concern. Japanese buyers should continue to lead the market in sourcing LNG from new supply regions.

Senior analyst Lucy Cullen, said that “While LNG demand is declining, Japanese imports will remain above 70 mmtpa through much of the 2020s. It will remain the second largest LNG consumer in the world until at least 2040, with demand still exceeding 60 mmtpa. As such Japan still provides ample opportunities for LNG sellers, particularly as existing contracts expire. The decline in Japanese imports will be driven by competition from coal, nuclear and renewables in the power sector and slow macroeconomic growth.”

Source : Strategic Research Institute

voda 26 juli 2019 12:44

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China’s Busiest Port Sees 5.5% Cargo Throughput Growth in H1 2019

Xinhua, citing the Ministry of Transport, reported that Ningbo Zhoushan port, China’s busiest port, saw cargo throughput rise 5.5 percent YoY to 557.96 million tonnes in the first half of 2019. The container throughput at the port in eastern China’s Zhejiang Province reached 13.91 million standard containers in the January-June period, up 4.7 percent YoY. The port’s cargo throughput ranked first in the country while its container throughput ranked second only after the Shanghai port.

The Ningbo Zhoushan Port Group, the operator of the port, said the port has been accelerating smart port construction to improve efficiency and tapping the inland market to boost business this year when facing unstable economic and trade conditions.

With the help of rail-sea transit services, the port’s business covers 48 prefecture-level cities in 15 provincical regions. In the six months, the rail-sea transit services handled 386,000 standard containers, up 46.7 percent YoY.

Source : Xinhua

luchtschip 28 juli 2019 19:21

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Demonstraties in Hong Kong

pro-democracy demonstranten in het Hong Kong Causeway Bay winkeldistrict. 10.000 den mensen protesteren ,ondanks dat de autoriteiten een verbod oplegden aan demonstraties die niet goedgekeurd waren door de autoriteiten. De dag ervoor had de politie nog een menigte tijdens een illegale samenscholing met rubberen kogels beschoten.

twitter.com/AFP/status/11554256768345...

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