[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

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• 2026.06.24 17:12
• [CIMC Raffles signs overseas new shipbuilding contract]
• CIMC Raffles and Norwegian Dutch joint venture companies have signed a contract to build a new generation of deep-water multifunctional offshore installation ships, and the project has entered the implementation stage. The vessel was built at Haiyang Base in Shandong Province, with a length of 132.6 meters and a width of 32 meters. It has a capacity of 100 people and a maximum operating depth of 4000 meters. It is equipped with multiple professional operating equipment and meets the methanol reservation and DP2 power positioning standards. It is classified as DNV. The joint venture company is jointly owned by Solstad and SBM, and the ship will be operated by the Norwegian side after delivery, with the Dutch side enjoying priority use rights. This signing highlights the strong international competitiveness of Chinese offshore shipbuilding enterprises.Editor/Gong Ziwei

• 2026.06.24 17:07
• [New breakthrough in new energy development in Nyingchi, Xizang]
• On June 23, 2026, a press conference was held in Lhasa on the high-quality development achievements of Linzhi City, Xizang during the 14th Five Year Plan period and the planning work during the 15th Five Year Plan period. At the meeting, it was introduced that the total installed capacity of clean energy in the city has increased from 356800 kilowatts to 450800 kilowatts by 2025, and the installed capacity of hydropower under construction has reached 4.9292 million kilowatts, achieving zero breakthrough in the large-scale development and application of new energy.Editor/Gong Ziwei