Travel across China rose 8.2% compared to a year earlier during the extended Lunar New Year holiday, reports Caixin. Total cross-regional trips rose to nearly 2.8 billion as the holiday period was extended from eight to nine days. Highways remained the dominant mode of transportation, accounting for 86% of total travel. Supported by the rapid uptake […]
Category: Transport & Logistics
The Panama Maritime Authority (AMP) has taken possession of two ports on Panama Canal, after Hong Kong-based CK Hutchinson’s contracts were ruled invalid, reports Reuters. Logistics company Maersk and the Mediterranean Shipping Company will take over operations temporarily. The government said it approved two temporary concession contracts with AMP, lasting up to 18 months, for the […]
For nearly a year, two ports, one on either end of the Panama Canal, have been the center of a fascinating geopolitical tussle. Last March, the owner and operator of the ports, Hong Kong’s CK Hutchison, announced it would sell them along with lots of other ports it owns around the world to a US […]
China’s civil aviation authority announced a potential regulatory change that would allow its home-grown passenger jet, the C919, to use narrow runways typically found in smaller airports, reports the South China Morning Post. The move is aimed to help the plane expand its presence at home and break into the Southeast Asian market. The Civil Aviation […]
China has warned Panama there would be “heavy prices” to pay after a court ruling declared Hong Kong-based CK Hutchison’s contract to operate two ports at the Panama Canal was unconstitutional, reports Reuters. China’s Hong Kong and Macau Affairs Office called the ruling by Panama’s Supreme Court “absurd,” “shameful and pathetic,” and vowed to defend the interests […]