COSCO Shipping and Shanghai International Port to Buy Hong Kong’s OOCL

China’s major shipping operator COSCO Shipping Holdings and Shanghai International Port (Group) Co jointly announced a takeover offer on Sunday [9 July 2017] to all the shareholders of Hong Kong-based Orient Overseas Container Line Co (OOCL), COSCO announced on Sunday…Full Article: The Global Times July 2017 Key Point Once the takeover is completed, China’s COSCO

COSCO Shipping’s Piraeus Port Authority (PPA) Signs MoU Agreements with the Shanghai International Port Group

The Piraeus Port Authority (PPA), together with Chinese giant COSCO Shipping, the majority shareholder of PPA, and the world’s largest commercial port of Shanghai signed two Memorandums of Understanding on Monday [12 June 2017] in the Greek capital of Athens to boost commercial ties…Full Article: ECNS.cn June 2017 Key Points The two MoU agreements were

Amazon Links Up with Henan Province’s Zhengzhou Airport

Direct cargo flights from America, run by retail giant Amazon, have arrived in Zhengzhou, capital of central China’s Henan Province. The planes, which were carrying nearly 1,000 sorts of products including food, clothes and household appliances ordered from Chinese buyers, flew from New York, Chicago and Los Angels to the Chinese transportation hub…Full Article: ECNS.cn

China Customs to Institute “Single-Window” Processing Platform Nationwide by the End of 2017

Chinese authorities will work to promote an integrated “single window” platform nationwide by the end of this year, allowing companies to declare cargo and taxes with a single submission, a move to facilitate trade and streamline administration. “The integrated platform makes it unnecessary for businesses to enter the same information again and again to different

Two Chinese Companies Purchase 49% Stake in Kazakhstan’s Khorgos-East Gate Special Economic Zone

Two Chinese companies on Monday [15 May 2017] signed a contract with Kazakhstan’s national railway company to buy 49 percent of an inland port near the China-Kazakhstan border. China COSCO Shipping Corporation and Jiangsu Lianyungang Port Co will each hold 24.5 percent of the dry port located in the Khorgos-East Gate special economic zone, according

Chinese Construction Company Expected to Complete First Berth of Kenya’s Lamu Port in 2018

Chinese construction firm, China Communication Construction Company (CCCC) is on course to complete the first berth of the Lamu port in mid 2018, Kenyan officials said on Thursday [6 April 2017]. Lamu Port-South Sudan-Ethiopia-Transport (LAPSSET) Corridor Development Authority Director General Sylvester Kasuku told a media briefing in Nairobi that dredging works began in October 2016