Companies from China and the Middle East have expanded many programs in the areas of logistics and infrastructure development to bolster bilateral trade and deepen cooperation in cross-border e-commerce, said business executives and market watchers.
Feeder-vessels operator HR Lines Limited, a subsidiary of Karnaphuli Group, has expanded its carrying capacity by adding two more container ships to its fleet.
Orders for new cargo ships have rushed to Chinese shipbuilders in the past week, as the sky-high profits of shipping companies boosted by skyrocketing shipping costs amid the COVID-19 pandemic have given major momentum to new orders, the Global Times learned. According to some calculations, global shipowners have made new orders worth at least about .