Ningbo Ocean Shipping eyes $261m for new ships from IPO in Shanghai
Ningbo Ocean Shipping (NBOSCO), plans to raise around $261m in an IPO on the Shanghai ...
ZIM: UNDERLYING PERFORMANCEZIM: UNDERWHELMING TGT: HAMMERED LOW: TRADING UPDATEHD: TARIFF IMPACTPLD: BEST PERFORMER ON SELL-SIDE BULLISHNESSZIM: TRADING UPDATECHRW: INSIDER SELLS STOCKCHRW: NEW RECORDHD: SIZE MATTERSHD: EARNINGS IN LINE FWRD: BIDS COMING IN SOONDHL: NEW APPOINTMENTHD: TRADING UPDATEAAPL: SOURCING
ZIM: UNDERLYING PERFORMANCEZIM: UNDERWHELMING TGT: HAMMERED LOW: TRADING UPDATEHD: TARIFF IMPACTPLD: BEST PERFORMER ON SELL-SIDE BULLISHNESSZIM: TRADING UPDATECHRW: INSIDER SELLS STOCKCHRW: NEW RECORDHD: SIZE MATTERSHD: EARNINGS IN LINE FWRD: BIDS COMING IN SOONDHL: NEW APPOINTMENTHD: TRADING UPDATEAAPL: SOURCING
As with many other industries, cheap labour was a key advantage for Chinese port operators as they expanded operations rapidly over the past two decades to keep with surging container export volumes. And, also as with other industries that, pool of cheap has ben shrinking at an alarming rate over the past few years, especially in its business capital of Shanghai. In preparation of a worker-scare future, Shanghai today opened its first fully automated box facility, representing the fourth phase of development at its giant offshore Yangshan container complex. Here are some stunning photos of the new facility from China Daily.
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