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Shanghai plans new offshore wind tender

The Shanghai Development and Reform Commission is planning to issue a tender for developing 200MW of capacity at the Fengxian offshore wind farm by the end of 2019. The wind farm will be located in the north side of Hangzhou Bay. The offshore wind farm will be developed about 12 kilometres off the coast, and will consist of four blocks. The tender is covering the two eastern blocks.

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Six of the ten busiest container ports are in China

China had six of the world’s 10 largest container ports in 2018, stretching from its north to the south. This is the result of China’s 1 trillion yuans investment since 2012, aiming to enhance the facilities in the country's ports. What is more, China’s external trade, including both imports and exports, increased to US$4.55 trillion last year, which marks a rise of around ten times since joining the WTO.

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Agreement signed to advance cargo trade on Yangtze River

The Port of Shanghai will collaborate with the Port of Ningbo to develop the northern part of southeast China's Xiao Yangshan port area. Namely, Shanghai International Port Group and Zhejiang Seaport Investment & Operation Group, the operators of the two ports, agreed on the development scheme. The move aims to advance the efficiency of cargo transit on the Yangtze River and lead to lower costs.

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