IN A US$10-billion joint venture, a Chinese consortium and Sasol are to build two coal-to-liquid (CLT) plants in the Chinese provinces of Ninxia and Shaanxi while establishing an artisan and engineering training centre in South Africa.
Shanghai Containerized Freight Index (SCFI) spot rates collapsed on Pacific trade routes with a sharp decline of 31% to the US West Coast and 23% to the East Coast.