US newcomer to splash out .3bn on bulkers at China yards
Sources say China Shipping Group shipbuilding arm CIC Jiangsu and state-owned Shanghai Waigaoqiao Shipbuilding (SWS) will build six capesizes and 18 newcastlemaxes, respectively, for the New York-based company. Deliveries are slated for between the …
Read more on TradeWinds
Tesco coldwater shrimp Chinese supplier ups profit, diversifies with China plant
According to an industry source, Northcoast did start up in China, but the group has now pooled its China production with that of Alimex. Fridrik Thorsteinsson, director and owner of the company, was not available to comment to Undercurrent News.
Read more on Undercurrent News
US-China Rifts on Hacking, Spying Put Aside for Climate
An coal mine that recently halted production stands in Cumberland, Kentucky, on Nov. 5, 2013. Coal remains the No. 1 source of fuel for electricity in the U.S. even as its share of power generation slipped to 38 percent last year from almost half in 2007.
Read more on Businessweek