SINGAPORE - Singapore's Neptune Orient Lines (NOL), the world's seventh largest container shipping firm, announced on Thursday its first investment in a China terminal.
NOL will invest US$25.8 million in a joint venture with Chinese shipping logistics firm SITC International Holdings and Qingdao Qianwan United Container Terminal to operate a two-berth container terminal at the port of Qingdao.
The terminal will add 1.5 million twenty-foot equivalent units (TEUs) of annual capacity at Qingdao, which is China's fifth-largest container port and the largest in northern region, NOL said. -- REUTERS
Gan Kim Yong visits US and Canada; to mark 20th anniversary of US-Singapore
FTA
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MINISTER for Trade and Industry Gan Kim Yong is making an official visit to
the United States and Canada next week to deepen ties, Singapore’s Ministry
of ...
37 minutes ago
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