Metals tariff rocks auto industry, and Trump smiles on bribes in foreign deals
While yesterday’s announcement of 25% tariffs on steel and aluminium imports to the US took ...
Chinese carmakers are continuing to invest in ships: the latest is the Chery Automobile/JAC Motors/Anhui Port & Shipping joint-venture, which has ordered its first car-carrier newbuilds.
Established in December, Anhui Haery International Ro-Ro Transportation has ordered three LNG dual-fuelled 7,000-car unit pure car and truck carriers (PCTCs) from Wuhu Shipyard.
The price was not disclosed, but in tenders called in May, Anhui Haery said each vessel should not cost more than $89m, and must be delivered by March 2025.
Anhui Haery launched operations ...
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