[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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• 2026.05.14 11:25
• [Russian sailing training ship visits Dalian]
• In May 2026, the Russian sailing training ship Parada docked at Dalian Port for a four-day visit and exchange. 157 crew members will engage in maritime training, cultural interaction, and other activities with teachers and students from domestic maritime colleges, and open for public visits.Editor/Gao Xue

• 2026.05.14 11:23
• [Mingyang Group invests 14.8 billion US dollars in Ethiopia]
• In May 2026, Mingyang Group signed a $14.8 billion investment agreement with Ethiopia to develop an 8.4 gigawatt wind and solar power project, as well as industries such as green ammonia production and wind power equipment manufacturing.Editor/Gao Xue