[Saipem wins $1.25 billion onshore and offshore contracts in Middle East]Saipem has secured US$1.25 billion worth of onshore and offshore contracts in the Middle East. The first group deals with the extension of onshore drilling contracts in the Middle East with a total value of approximately US$600 million. The award relates to a ten-year extension of existing contracts for four onshore drilling rigs located in the Middle East. Editor/Xing Wentao
In May 2026, the first batch of 18.6 tons of cross-border e-commerce goods will be shipped from Fuzhou to Mazu and Keelung via Qingzhou Port in Mawei, marking the upgrade of logistics to Taiwan from a single air route to a dual track sea and air route. Shipping costs by sea save 90% compared to air transportation, achieving cost reduction and efficiency improvement.Editor/Gao Xue
On May 19, 2026, a train carrying 38 containers departed from Suzhou West Station and headed towards Hanoi, Vietnam. It was the first railway express mode train in East China, with no transshipment and one container direct, opening up a new logistics channel from the Yangtze River Delta to Vietnam.Editor/Gao Xue