China Archives — Page 3 of 7 — City Business News

September 9, 2022 No Responses

Shipping Firm Seals LNG Carriers Deal With China’s ENN

Japanese shipping heavyweight, Mitsui O.S.K. Lines has signed a long-term charter contract for three new building LNG carriers with ENN LNG (Singapore) Pte., a wholly-owned subsidiary of Chinese ENN Natural Gas. The vessels will be constructed at Hudong-Zhonghua Shipbuilding (Group)...

September 1, 2022 No Responses

Shell Secures $ 1 billion LNG Deal

Shell has sealed ten-year marine Liquefied Natural Gas (LNG) sales and purchase agreement with Israeli container shipping company, ZIM valued at more than $1 billion. According to World Maritime News, the LNG is intended for ten LNG-...

July 26, 2022 No Responses

Ambassador Lauds Chinese, Nigerian Govt Over Air Peace China service

The Nigerian Ambassador to the People’s Republic of China, Baba Jidda, has commended the governments of China and Nigeria for deepening bilateral ties between both countries. He said that this was reflected through the approval of Air Peace’s scheduled, co...

July 16, 2022 No Responses

Rep Lauds Air Peace On Direct Flights To China

The House of Representatives has commended Air Peace on the commencement of direct flight between Nigeria and China. Air Peace on Wednesday announced its official commencement of flight operations into Guangzhou-China, becoming the first Nigerian airline to ...

July 14, 2022 No Responses

Air Peace Commences Flight Operations To China

Air Peace has commenced operations into Guangzhou-China, becoming the first Nigerian airline to fly into the Asian country once every week. Chief Operating Officer, Air Peace, Oluwatoyin Olajide, disclosed this at the airline’s inaugural flight to the ...

July 11, 2022 No Responses

Etihad Cargo Introduces 15 Direct Passenger, Freighter Flights Per Week To China

Etihad Cargo, the cargo and logistics arm of Etihad Aviation Group, has reinforced its commitment to the Chinese market with the introduction of 15 direct passenger and freighter flights per week. A statement explained that throughout the pand...

July 6, 2022 No Responses

Air Peace Expands Flight Operations To China, India

Nigeria’s leading airline, Air Peace, has revealed plans to extend its wings to Guangzhou, China and Mumbai, India, with scheduled flight operations in July, 2022. The airline has also disclosed that Israel operations kick-off is underway. ...

June 28, 2022 No Responses

Geely Unveils Sustainability Report, Targets Carbon Neutrality Across Value Chain

Geely Holding Group, on Monday, July 27, 2022 unveiled its 2021 sustainability report which aims to achieve carbon neutrality across the entire value chain by 2045. Geely Holding said it has completed the checking of GHG emissions (Scope 3), a...

May 11, 2022 No Responses

Toyota Cuts Production Due To Lockdown In Shanghai

Toyota says it will suspend operations at more production lines at its factories in Japan this month due to the coronavirus lockdown in Shanghai. The firm says the production halt will come into effect on Monday and stay in place...

December 31, 2021 No Responses

World’s Largest Ethane Carrier Delivered In China

Pacific Ineos Belstaff, the world’s largest very large ethane carrier (VLEC), has been named and delivered in China. . The naming and delivery ceremony took place at Shanghai Jiangnan Changxing Heavy Industry shipyard on 28 December 2021, Chi...

December 3, 2021 No Responses

Countries Reach Deal To Cut Trade Costs

Members of the World Trade Organization (WTO) have agreed on a landmark deal that could cut trade costs by £113bn a year. Some 67 members agreed to cut red tape around licensing and qualifications. The signatories, which include the UK,...

November 1, 2021 No Responses

Oil Falls As China Rolls Out Reserves

Oil prices dropped on Monday as China’s release of gasoline and diesel reserves eased concerns over tight global supply, while investors cashed in ahead of a November 4, 2021 meeting of major crude producers that could increase future production targets....

September 5, 2021 No Responses

China To Open Third Stock Exchange

China has announced plans to set up a third stock exchange to serve small and medium-sized businesses. President Xi Jinping said the new share market will be in the capital Beijing, during a speech to the International Fair for Trade...

June 5, 2021 No Responses

US Bans Investment In China’s Shipbuilders

The Biden administration has banned U.S. investments in Chinese companies allegedly linked to China’s military, expanding hard-line policies introduced by the previous administration. The executive order bans American citizens from investing in some of...