BEIJING, March 11, 2025 -- A Historic Milestone for Hainan The Hainan Free Trade Port (Hainan FTP) is approaching a historic milestone with the implementation of independent customs operations, a key objective outlined in the Master Plan for Building the Hainan Free Trade Port. This achievement marks a fundamental and symbolic step in Hainan's ongoing development, as the initiative has been written into the provincial government work report for seven consecutive years. Chinese President Xi Jinping has emphasized the importance of this initiative, stressing the need f
ADELAIDE, South Australia, March 11, 2025 -- The Royal Australian Navy's Hunter class frigates will be fitted with Ultra Maritime's world-leading 2150 Bow Sonar under a contract with BAE Systems Maritime Australia (BAESMA). The delivery of the 2150 Bow Sonar will expand Australian sovereign undersea warfare capabilities, providing active and passive anti-submarine warfare (ASW) modes, mine and obstacle avoidance sonar, integrated underwater communications, and automated torpedo detection, classification and localization. "Ultra Maritime is committed to building a strategic partner
SHANGHAI, March 10, 2025 -- On February 27, 2025, Colombo West International Terminal (CWIT), Sri Lanka's first fully automated terminal developed with the participation of Shanghai Zhenhua Heavy Industries (ZPMC), officially commenced operations. As the largest and deepest container terminal in the country, CWIT further cements Sri Lanka's position as a leading shipping hub in South Asia, marking a significant leap forward in port infrastructure and operational capabilities. At 11 pm local time, the terminal successfully handled the loading and unloading of its first commercial vessel
HONG KONG, March 10, 2025 -- i2Cool, a pioneering company in electricity-free cooling technology, has announced a global strategic partnership with Marubeni, one of Japan's largest general trading companies. This collaboration aims to expand the global adoption of electricity-free cooling technology, with a particular focus on jointly developing electricity-free cooling marine coatings and exploring innovative solutions within the shipping industry. The signing ceremony was attended by Prof. Martin Zhu, CEO and Co-founder of i2Cool, along with YASUHIRO ARAI, Assistant General Manager o
SMILENEWS365 문용민 기자 | Gateway: Hainan vows to further facilitate trade, investment BEIJING, March 10, 2025 --A report from Chinadaily.com.cn Hainan province is on track to achieve independent customs operations by the end of this year, marking a significant step toward establishing the Hainan Free Trade Port as a premier gateway for China's opening-up in the new era, according to Feng Fei, secretary of the Hainan Provincial Committee of the Communist Party of China. Speaking with China Daily on the sidelines of the ongoing two sessions, Feng emphasized that the H
SEOUL, South Korea, March 10, 2025 -- HD Hyundai Executive Vice Chairman Chung Kisun met with Palantir Technologies Inc. CEO Alex Karp to discuss the project on building AI shipyards. HD Hyundai shared that Chung recently visited Palantir's Washington, D.C., office to meet with Karp. At the meeting, the two shared the progress of the AI shipyard project, which is currently underway, and discussed how the two companies could also cooperate in the defense sector going forward. The two companies agreed that their collaboration can significantly enhance securi
Editor's note: China Daily is presenting the series Visionary Pathway to tell the stories of practices and key initiatives promoted by President Xi Jinping during his tenure in various local regions, exploring their transformative impacts and interpreting the consistent values, thoughts and philosophies upheld by the president. BEIJING, March 4, 2025 -- A report from chinadaily.com.cn: A brisk dawn wind carried a salty tang across Aojiao village as fishing boats glided in with the tide, their cabins loaded with crab, squid tubes and the occasional grouper. Along t
Strengthening cooperation with global tech companies, including Palantir Technologies Inc. and Siemens Building the Future of Shipyard (FOS) by 2030 which aims to minimize human intervention SEOUL, South Korea, Feb. 28, 2025 -- "We are drawing on the latest innovation in AI (artificial intelligence), digital twin, and so much more to transform our shipyards." HD Hyundai Executive Vice Chairman Chung Kisun emphasized his commitment to building an integrated, optimized, and automated future shipyard that minimizes human intervention, highlighting t
HONG KONG, Feb. 26, 2025 -- ZIM Integrated Shipping Services Ltd. , a global leader in shipping and logistics, announced the launch of an Employer Brand Campaign in Hong Kong. Following a very successful campaign launched in the US in November 2024, the current initiative aims at attracting top talent to ZIM's regional office in Asia. The campaign will showcase ZIM's corporate culture and the values that make it a unique and dynamic workplace within this vital and impactful industry so central to Hong Kong and the entire region. While ZIM ranks 9th globally, its market
BEIJING, Feb. 24, 2025 -- When we talked about Brunei Darussalam, a small sultanate in Southeast Asia, the first idea that comes across our minds would be the fact that it is a petro-state with a Gross Domestic Product (GDP) of 47% generated from Oil and Gas Extraction. Little was known that prior to the growth in the oil and gas sector, the country was a Thalassocracy, with its economy a mixed of land, connected via the riparian regimes, and maritime with links to important regional centres of that time. Fast forward to the second decade of the 21st century, the interest in developing