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The origin and response of Sino US trade frictions
2018-05-03Since the United States announced a tariff on solar panels and washing machines at the beginning of the year, and after the tax on steel and aluminum after the tax on the 301 survey in China, Trump persisted in the trade sanctions against China, and the United States was getting far away on the road of protectionism. Despite China's rational response, trade frictions between China and the United States seem to be on the rise, and the "trade war" has become the focus of policy discussions. -
The tide of large-scale integration of global transport industry
2018-05-03Clarkson recently released the survey data, in reviewing the past 20 years of development, Clarkson said that the integration trend in the last 20 years has continued to accelerate and M & A activities are very active. In 1998, the world's top 20 carrier companies accounted for 73% of the total capacity of the global market. Maersk led 7.2% of the shipping capacity, while the twentieth ranked South American Steamship accounted for 1.3%. The No. 21-30 shipping company also includes a number of companies that are still well known to the day, such as Wan Hai, Crowley, Matson and Taiping (thirtieth). In addition, it also includes other shipping companies that are currently combined, such as Safmarine, Arabia steamships, Hamburg, South America, Delmas and MISC. -
The acquisition of Orient Overseas by COSCO
2018-05-03The plan of COSCO's acquisition of OOIL is likely to be hampered by the deterioration of Sino US trade relations and Trump's containment of China. The US Foreign Investment Commission (CFIUS) is evaluating the acquisition of China overseas shipping group to Hongkong Orient Overseas International, the Wall Street Journal quoted an insider as saying. Orient Overseas has a large container terminal located in Long Beach, California. CFUIS's survey makes COSCO's prospects for control of the terminal worrisome.
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