[South African Ports Authority plans to invest$570 million in port infrastructure]South Africa's Transnet National Port Authority plans to invest around $566 million over the next seven years in various infrastructure facilities in East London, Port Elizabeth and Ngula. Ports of Nelson Mandela, Elizabeth and Ngula will receive $299 million in investment, while East London will receive the remaining approximately $268 million. The first investment of around R570 million will take place in the 2022/2023 financial year. TNPA's latest investment plan aims to realign South African port operator Transnet with other key economic sectors. Editor/Xing Wentao
In the first nine months of 2026, China's shipbuilding industry saw comprehensive growth in its three major indicators, while maintaining a leading global market share. Data shows that in the first nine months, China's shipbuilding completion reached 58.05 million deadweight tons, a year-on-year increase of 50.7%, accounting for 63.6% of the world's total; The newly received order volume was 175.29 million deadweight tons, a year-on-year increase of 163.2%, accounting for 81.8% of the world total. As of the end of September, the volume of orders held was 399.13 million deadweight tons, a year-on-year increase of 64.8%, accounting for 72.4% of the world's total.Editor/Cheng Liting
The world's first semi submersible wind power hydrogen production platform, Shenhai Hydrogen Energy No.1, was successfully launched in Jiangmen, Guangdong recently. The platform explores the integrated application of offshore wind power for hydrogen production and methanol production, providing a new path for the development and utilization of clean energy in the ocean.Editor/Cheng Liting