[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
On July 21, 2026, the Australian Broadcasting Corporation reported that China's electric vehicle industry, with its long-term strategic layout, continuous technological innovation, and complete industrial chain advantages, has been at the forefront of the world's electric vehicle revolution. China is currently the undisputed leader in the global electric vehicle industry, producing nearly 75% of the world's electric vehicles. China's advantages are not only reflected in the production field, but also in the leading position in various links of the electric vehicle industry chain.Editor/Gong Ziwei
On July 21, 2026, CSSC Guangchuan International, in collaboration with CSSC Trading, successfully delivered 10800 LNG dual fuel vehicle transport ships to South Korean Ocean Commercial Company through online remote signing. This is the fourth 10000 vehicle class automobile transport ship delivered by China, and also the world's first 10000 vehicle class automobile transport ship equipped with a photovoltaic power generation system.Editor/Gong Ziwei