LAST WEEK'S TOP STORIES ON FTW ONLINE

Chinese bank signs deal with Transnet Transnet and China Development Bank last week signed an agreement to cooperate, explore and identify opportunities for the Chinese bank for future collaboration in Transnet’s infrastructure upgrade programmes. Boxship and bulker collide The 5 095-TEU CMA CGM Florida has continued to Shanghai after colliding with the 175 569-dwt bulker Chou Shan early Tuesday morning, and spilling oil over a large area. Low-cost carrier teams up with local player Pan-African low-cost carrier fastjet has opted to team up with a local company in the acquisition of 1time, reports Etnw. The fastjet executive team has confirmed it has reached an agreement with a credible South African partner to facilitate the financial transaction. Brics bank could be SA ’s lifeline – analyst The new Brics development bank could rival the International Monetary Fund (IMF) and the World Bank if it can reconcile its competing agendas. Reefer containers find unconventional use High-tech refrigeration containers from Maersk Container Industry have found a new and unconventional use – on-the-spot conservation of fragile archaeological artefacts. Dube TradePort and Indian partner to develop mega industrial park In a move designed to attract foreign direct investment into KwaZulu-Natal, Dube TradePort Corporation and India-based conglomerate, Action Group, have signed a memorandum of understanding for a multi-billion rand Mega Industrial Integrated Township.