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China Threatens Trump's Panama Canal Deal: Report
China Threatens Trump's Panama Canal Deal: Report

Newsweek

time5 days ago

  • Business
  • Newsweek

China Threatens Trump's Panama Canal Deal: Report

Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. China has warned that it may block the sale of Hong Kong-based CK Hutchison's international ports, including one on either end of the Panama Canal, to a United States-linked consortium unless China's state-owned shipping giant, COSCO, is included in the agreement. The development has raised questions about the high-profile $22.8 billion deal, which U.S. President Donald Trump lauded as a foreign policy victory that would reduce Chinese influence over strategic global shipping lanes. Why It Matters CK Hutchison agreed in March to sell its 80 percent stake in 43 container ports across 23 countries to a consortium led by BlackRock and the Geneva-based Mediterranean Shipping Company. The deal, which still requires approval from Beijing, comes after Trump claimed, without offering evidence, that China controls the Panama Canal. China and Panama have rejected this, stressing that the canal remains under Panamanian management. Newsweek reached out to BlackRock and CK Hutchison via email for comment. Container ship COSCO Development is seen at the Agua Clara Locks in Colon, 56 miles from Panama City, on May 2, 2017. Container ship COSCO Development is seen at the Agua Clara Locks in Colon, 56 miles from Panama City, on May 2, 2017. Rodrigo Arangua/AFP via Getty Images What To Know Negotiations over the purchase between BlackRock, Mediterranean Shipping Company (MSC), and CK Hutchison are facing mounting pressure as Chinese officials insist that COSCO, a major state-owned Chinese shipping company, be included in the agreement as an equal partner and shareholder. Otherwise, Beijing is prepared to block the transaction, according to people familiar with the talks cited by The Wall Street Journal. Chinese state media has criticized the deal, labeling it a "hegemonic act" by the United States designed to limit China's national interests under the pretense of trade. Chinese authorities launched an antitrust investigation into the sale and ordered state-owned enterprises to pause any new business dealings linked to CK Hutchison founder Li Ka-shing and his family. Officials in Panama confirmed an audit of Hutchison's concessions was ongoing. What People Are Saying Trade expert Henry Gao, a professor at Singapore Management University, told Newsweek of China's reported ultimatum: "I think it's primarily driven by political and strategic considerations. "It won't sit well with the Trump administration, which has been trying to push China out of Latin America, long seen by the U.S. as its own backyard. That said, if bilateral trade negotiations make good progress, the U.S. might be willing to resolve the issue in a more amicable way." Chinese Foreign Ministry spokesperson Lin Jian told reporters Friday: "Regarding the sale of overseas port assets by Changhe, China's State Administration for Market Regulation has stated that it will conduct a review in accordance with the law to protect fair competition in the market and safeguard the public interest. "I would like to stress once again that China has always firmly opposed the use of economic coercion, hegemony and bullying to infringe upon the legitimate rights and interests of other countries." What Happens Next The sources say a final agreement is unlikely before July 27, the previously agreed-upon deadline for negotiations between the three companies.

'This Giant Ship Runs on Sunlight!': World's Largest Solar Car Vessel Launches Maiden Journey With 4,000 Cars, Shocking the Global Shipping Industry
'This Giant Ship Runs on Sunlight!': World's Largest Solar Car Vessel Launches Maiden Journey With 4,000 Cars, Shocking the Global Shipping Industry

Sustainability Times

time10-07-2025

  • Business
  • Sustainability Times

'This Giant Ship Runs on Sunlight!': World's Largest Solar Car Vessel Launches Maiden Journey With 4,000 Cars, Shocking the Global Shipping Industry

IN A NUTSHELL 🌿 The Yuanhai Kou is the largest solar-powered vehicle carrier, promoting sustainable maritime transport. is the largest solar-powered vehicle carrier, promoting sustainable maritime transport. 🔋 Equipped with a photovoltaic system , the vessel generates significant clean energy, reducing fuel consumption and emissions. , the vessel generates significant clean energy, reducing fuel consumption and emissions. 🚢 The ship features a dual-fuel engine , combining LNG and fuel oil, which lowers energy consumption by 20% and cuts carbon emissions by 24%. , combining LNG and fuel oil, which lowers energy consumption by 20% and cuts carbon emissions by 24%. 🌊 Longi's Sea-Shield solar modules ensure reliable energy production under harsh sea conditions, powering essential ship systems. In a world increasingly concerned with environmental sustainability, the launch of the Yuanhai Kou stands as a beacon of innovation. This vessel, heralded as the world's largest solar-powered vehicle carrier, recently completed its maiden voyage, transporting 4,000 vehicles to Greece. Built by the China COSCO Shipping Corporation, the Yuanhai Kou is not just a triumph of engineering but a significant leap towards greener shipping. Its design includes the largest shipborne photovoltaic system of its kind, generating substantial power and reducing carbon intensity by approximately 35 percent. This is not just a ship; it's a statement on the future of maritime transport. Revolutionary Green Voyage Across Continents The journey of the Yuanhai Kou from Guangzhou to Piraeus is more than just a logistical feat; it's a testament to innovative green technology in maritime transport. Loaded predominantly with new energy vehicles (NEVs), it showcases China's commitment to reducing emissions on a global scale. The ship utilizes a unique dual-fuel engine that operates on both liquefied natural gas (LNG) and fuel oil, significantly lowering its environmental footprint. This combination, along with smart loading software, enables a reduction in energy consumption by about 20 percent, cutting carbon emissions by over 24 percent compared to traditional vessels. Emphasizing safety and efficiency, the vessel's advanced monitoring systems ensure precise location tracking of onboard vehicles, providing early warnings for potential hazards. Such technology is crucial for the secure transport of NEVs over long distances, enhancing both cargo safety and operational efficiency. With each round-trip between China and Europe, the vessel avoids approximately 2,100 tons of carbon dioxide emissions, a clear indicator of its environmental impact. '56,000 Homes Become a Power Plant': California Firm Creates Largest Virtual Energy Source in US With Revolutionary Grid-Sharing Tech Harnessing Solar Power: A New Era in Maritime Energy The Yuanhai Kou's solar capabilities are powered by over 500 high-efficiency Sea-Shield solar modules from Longi, a global leader in solar technology. Positioned strategically across the vessel's upper decks, these modules contribute to an annual production of around 410,000 kWh of electricity. This renewable energy source is critical for reducing the ship's reliance on traditional fuels, saving approximately 111 tons of fuel annually and slashing CO₂ emissions by nearly 346 tons. This reduction is equivalent to planting about 38,000 trees, underscoring the ship's environmental credentials. Longi's modules are engineered to withstand the harsh conditions of the sea, from high humidity to salt spray. The robust design, featuring corrosion-resistant materials and reinforced seals, ensures consistent energy production even in challenging maritime environments. This clean electricity powers essential ship functions, from lighting to communication systems, throughout its voyage, marking a significant step forward in the integration of solar power in maritime operations. Swiss Startup Stuns the World by Powering Trains With the First-Ever PV Solar Plant Built Directly on Active Railway Tracks Technical Marvel: Design and Specifications Measuring nearly 656 feet in length, the Yuanhai Kou is a colossal presence on the water, boasting a gross tonnage of 68,252 tons and a displacement of 39,069 tons. Its 12 vehicle decks, which include eight fixed and four movable decks, can accommodate up to 7,000 vehicles, ranging from passenger cars to buses and engineering equipment. The ship's design is not only about size but also about efficiency and versatility. The vessel's photovoltaic system delivers a peak power output of 302.8 kilowatts, reflecting its cutting-edge technology. This capability, combined with its dual-fuel engine, places the Yuanhai Kou at the forefront of eco-friendly maritime transport. The ship's lifecycle carbon intensity is significantly lower than that of traditional vessels, showcasing a future where large-scale shipping aligns with environmental stewardship. World's Largest Solar Telescope Unleashes 5.6-Ton Tech Beast to Capture Unprecedented Images of Massive Sunspot Activity Future Prospects in Green Maritime Transport As the Yuanhai Kou sets a new standard in shipping, its success paves the way for future advancements in green maritime technology. Longi, the solar module provider, is already expanding its product offerings to support diverse applications both on land and at sea. Collaborative efforts with partners worldwide aim to further the transition to clean energy, highlighting the role of reliable and innovative technologies in this shift. The vessel's journey is not just about transporting goods but also about transporting ideas—ideas that challenge the status quo and push for a future where economic growth does not come at the expense of the environment. As the world watches, the Yuanhai Kou invites us to consider: how can we integrate such transformative technologies into broader logistical frameworks to achieve a sustainable future? This article is based on verified sources and supported by editorial technologies. Did you like it? 4.6/5 (25)

Undiscovered Gems Three Small Caps with Strong Financial Foundations
Undiscovered Gems Three Small Caps with Strong Financial Foundations

Yahoo

time19-06-2025

  • Business
  • Yahoo

Undiscovered Gems Three Small Caps with Strong Financial Foundations

In a week marked by geopolitical tensions and fluctuating economic indicators, small-cap indexes like the S&P MidCap 400 and Russell 2000 experienced notable declines, highlighting the volatility that currently characterizes global markets. Amid such uncertainty, identifying stocks with strong financial foundations becomes crucial for investors seeking stability; this article explores three small-cap companies that stand out as potential undiscovered gems in today's challenging environment. Name Debt To Equity Revenue Growth Earnings Growth Health Rating Donpon Precision 45.58% 2.76% 46.41% ★★★★★★ COSCO SHIPPING International (Hong Kong) NA 0.57% 18.65% ★★★★★★ VICOM NA 5.01% 2.30% ★★★★★★ Saudi Azm for Communication and Information Technology 2.07% 16.18% 21.11% ★★★★★★ Yibin City Commercial Bank 136.61% 11.29% 20.39% ★★★★★★ Taiyo KagakuLtd 0.69% 5.32% -0.36% ★★★★★☆ Te Chang Construction 16.62% 15.59% 18.35% ★★★★★☆ VCREDIT Holdings 115.47% 25.47% 30.34% ★★★★☆☆ Practic 5.21% 4.49% 7.23% ★★★★☆☆ Darwin 3.03% 84.88% 5.63% ★★★★☆☆ Click here to see the full list of 3181 stocks from our Global Undiscovered Gems With Strong Fundamentals screener. Underneath we present a selection of stocks filtered out by our screen. Simply Wall St Value Rating: ★★★★★☆ Overview: Actions Technology Co., Ltd. is a fabless semiconductor company focused on the research, production, and sale of audio SoC and integrated chips in China with a market cap of CN¥7.37 billion. Operations: The primary revenue stream for Actions Technology comes from its semiconductor segment, generating CN¥725.36 million. Actions Technology stands out with its robust earnings growth of 112.7% over the past year, significantly surpassing the Semiconductor industry's 8%. The company's debt to equity ratio has risen from 0% to a manageable 3.3% in five years, while it maintains more cash than total debt, indicating sound financial health. Despite a volatile share price recently, Actions Technology's net income soared to CNY 41.45 million for Q1 2025 from CNY 8.53 million last year, with basic earnings per share climbing from CNY 0.06 to CNY 0.29, showcasing its potential as an emerging player in the market. Get an in-depth perspective on Actions Technology's performance by reading our health report here. Gain insights into Actions Technology's historical performance by reviewing our past performance report. Simply Wall St Value Rating: ★★★★★☆ Overview: Shanxi Blue Flame Holding Company Limited focuses on the exploration, development, and utilization of coal mine gas with a market capitalization of CN¥6.99 billion. Operations: Shanxi Blue Flame Holding generates revenue primarily from its coal mine gas operations. The company has a market capitalization of CN¥6.99 billion. Shanxi Blue Flame Holding, a smaller player in the energy sector, has been navigating its financial landscape with some notable figures. The company's debt to equity ratio has climbed from 48.5% to 75% over five years, indicating increased leverage. Despite this, the interest payments are comfortably covered by EBIT at a multiple of 6.9x. Recent earnings showed improvement with net income reaching CNY 184 million in Q1 2025 compared to CNY 160 million last year, reflecting high-quality earnings and positive cash flow trends. However, dividends have decreased to CNY 0.30 per ten shares for the year ending in December 2024. Unlock comprehensive insights into our analysis of Shanxi Blue Flame Holding stock in this health report. Learn about Shanxi Blue Flame Holding's historical performance. Simply Wall St Value Rating: ★★★★★★ Overview: CETC Cyberspace Security Technology Co., Ltd. focuses on providing cybersecurity solutions and services, with a market cap of CN¥13.71 billion. Operations: The company generated CN¥2.49 billion from its information security segment. CETC Cyberspace Security Technology, a smaller player in the software industry, has shown promising signs with a 12.9% earnings growth over the past year, outpacing the industry's -2%. The company is debt-free, eliminating concerns about interest coverage. Despite not being free cash flow positive recently, CETC's price-to-earnings ratio of 69.5x remains below the industry average of 83.6x, suggesting potential undervaluation. Recent changes include amendments to their articles and approval of a dividend plan offering CNY 0.60 per ten shares for 2024 profits. Net loss narrowed to CNY 134.68 million in Q1 from CNY 193.52 million last year. Dive into the specifics of CETC Cyberspace Security Technology here with our thorough health report. Assess CETC Cyberspace Security Technology's past performance with our detailed historical performance reports. Navigate through the entire inventory of 3181 Global Undiscovered Gems With Strong Fundamentals here. Already own these companies? Bring clarity to your investment decisions by linking up your portfolio with Simply Wall St, where you can monitor all the vital signs of your stocks effortlessly. Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include SHSE:688049 SZSE:000968 and SZSE:002268. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Undiscovered Gems in Global Markets To Watch This June 2025
Undiscovered Gems in Global Markets To Watch This June 2025

Yahoo

time18-06-2025

  • Business
  • Yahoo

Undiscovered Gems in Global Markets To Watch This June 2025

As global markets navigate the complexities of escalating Middle East tensions and fluctuating economic indicators, small-cap stocks have been particularly impacted, with indexes like the S&P MidCap 400 and Russell 2000 experiencing notable declines. Despite these challenges, improved sentiment among small business owners and consumers suggests potential opportunities for discerning investors to identify promising yet overlooked stocks that could thrive in this environment. Name Debt To Equity Revenue Growth Earnings Growth Health Rating VICOM NA 5.01% 2.30% ★★★★★★ COSCO SHIPPING International (Hong Kong) NA 0.57% 18.65% ★★★★★★ Chongqing Machinery & Electric 25.60% 7.97% 18.73% ★★★★★☆ Te Chang Construction 16.62% 15.59% 18.35% ★★★★★☆ Sparta NA -9.54% -15.40% ★★★★★☆ TSTE 36.22% 3.96% -8.49% ★★★★★☆ VCREDIT Holdings 115.47% 25.47% 30.34% ★★★★☆☆ Forth Smart Service 51.94% -6.63% -7.91% ★★★★☆☆ Practic 5.21% 4.49% 7.23% ★★★★☆☆ Darwin 3.03% 84.88% 5.63% ★★★★☆☆ Click here to see the full list of 3182 stocks from our Global Undiscovered Gems With Strong Fundamentals screener. Here we highlight a subset of our preferred stocks from the screener. Simply Wall St Value Rating: ★★★★★★ Overview: Hubei Huaqiang High-Tech Co., Ltd. is engaged in the research, development, production, and sale of special protective equipment, pharmaceutical packaging, and medical devices in China with a market cap of CN¥6.74 billion. Operations: Hubei Huaqiang High-Tech generates revenue through its segments of special protective equipment, pharmaceutical packaging, and medical devices. With a market cap of CN¥6.74 billion, the company focuses on these key areas to drive its financial performance. The company's net profit margin is a critical metric to consider when evaluating its profitability within these sectors. Hubei Huaqiang High-Tech, a nimble player in the medical equipment sector, has seen its earnings grow by 107% over the past year, outpacing the industry average of -2%. Despite this strong performance, its earnings have declined by 81% annually over five years. The company is debt-free now compared to a debt-to-equity ratio of 3.6% five years ago. Recent results show sales at CN¥64.98 million for Q1 2025, down from CN¥121.34 million last year with net income dropping to CN¥1.88 million from CN¥14.15 million due to significant one-off gains impacting financials earlier this year. Click to explore a detailed breakdown of our findings in Hubei Huaqiang High-Tech's health report. Assess Hubei Huaqiang High-Tech's past performance with our detailed historical performance reports. Simply Wall St Value Rating: ★★★★★★ Overview: Jiangxi Xinyu Guoke Technology Co., Ltd focuses on the manufacturing and sale of military products, with a market cap of CN¥8.61 billion. Operations: Jiangxi Xinyu Guoke Technology derives its revenue primarily from the manufacturing and sale of military products. The company's financial performance is highlighted by a notable net profit margin trend, which has shown variation over recent periods. Jiangxi Xinyu Guoke Technology, a nimble player in the tech sector, reported a noticeable dip in Q1 2025 sales to CNY 53.57 million from CNY 78.93 million last year, reflecting its volatile nature. Despite this, the company remains debt-free and boasts high-quality earnings. Over the past year, it achieved a net income of CNY 79.18 million on revenue of CNY 445.08 million for FY2024, showing resilience with growth from prior figures of CNY 75.73 million net income and CNY 388.61 million revenue in FY2023. The firm also declared dividends totaling CNY 0.50 per share for its shareholders recently. Navigate through the intricacies of Jiangxi Xinyu Guoke Technology with our comprehensive health report here. Review our historical performance report to gain insights into Jiangxi Xinyu Guoke Technology's's past performance. Simply Wall St Value Rating: ★★★★★★ Overview: Guangdong Dtech Technology Co., Ltd. focuses on the research, development, production, and sale of tools in China with a market capitalization of CN¥12.28 billion. Operations: Guangdong Dtech Technology generates revenue primarily through the sale of its tools in China. The company's financial performance is highlighted by a market capitalization of CN¥12.28 billion. Guangdong Dtech Technology, a dynamic player in its field, has seen impressive earnings growth of 35% over the past year. The company's debt to equity ratio significantly improved from 50.4% to 8.3% over five years, reflecting robust financial management. Despite this progress, their share price has been volatile recently. In terms of recent performance, net income for the full year ending December 2024 was CNY 226.87 million compared to CNY 219.31 million previously, with sales reaching CNY 1.58 billion from CNY 1.32 billion last year, showcasing steady revenue growth amidst industry challenges. Click here to discover the nuances of Guangdong Dtech Technology with our detailed analytical health report. Examine Guangdong Dtech Technology's past performance report to understand how it has performed in the past. Unlock more gems! Our Global Undiscovered Gems With Strong Fundamentals screener has unearthed 3179 more companies for you to here to unveil our expertly curated list of 3182 Global Undiscovered Gems With Strong Fundamentals. Are you invested in these stocks already? Keep abreast of every twist and turn by setting up a portfolio with Simply Wall St, where we make it simple for investors like you to stay informed and proactive. Enhance your investing ability with the Simply Wall St app and enjoy free access to essential market intelligence spanning every continent. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include SHSE:688151 SZSE:300722 and SZSE:301377. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio

Port authority honours five companies with Green Wave Awards
Port authority honours five companies with Green Wave Awards

Hamilton Spectator

time10-06-2025

  • Business
  • Hamilton Spectator

Port authority honours five companies with Green Wave Awards

The Prince Rupert Port Authority (PRPA) recognized five companies for their efforts in environmental stewardship as part of its 2024 Green Wave program. The initiative rewards commercial vessels that voluntarily adopt sustainable practices to reduce their air emissions and underwater noise. This year's award winners included intermodal carriers COSCO and Yang Ming, which move cargo using various modes of transportation. Next, liquid-bulk shipping lines SK Shipping and Navigator Gas LLC were honoured. Following them, BC Ferries, a coastal transporter for passengers and vehicles, was also recognized. In addition to company-wide honours, the Port spotlighted nine individual vessels for using underwater noise mitigation technology. Among them were container ships YM Plum, YM Uniform, YM Mutuality, and Mol Charisma; LPG carriers Boreal Voyager and HLS Diamond; dry bulk vessels XH Square Leg and Yangze 16; and the expedition cruise ship Roald Amundsen. 'The Prince Rupert Port Authority commends the 2024 Green Wave Award recipients for their commitment to decarbonizing the global shipping and passenger transportation sectors and lessening the impacts of their operations on the environment,' said Shaun Stevenson, president and CEO of PRPA in a June 9 news release. Launched in 2013, the Green Wave program offers financial incentives such as reduced harbour fees to shipping companies that meet international environmental standards in emissions and underwater acoustics. The program has seen significant growth in recent years. In 2024, 316 commercial vessel calls met Green Wave criteria, representing a 33 percent increase from 2019. 'We are also encouraged to see a record number of vessels calling on the Prince Rupert Gateway that are activating measures to reduce underwater noise. These critical investments help support the protection of marine mammals and other aquatic life around the North Coast and beyond,' said Stevenson. PRPA stated the Green Wave initiative plays a key role in its broader environmental strategy, which includes aggressive targets for reducing emissions and carbon intensity at the Prince Rupert Gateway. The Port aims to cut its carbon intensity by 30 percent over the next five years and achieve carbon neutrality by 2050. The Prince Rupert Port Authority is a federal authority in Canada that manages and oversees the Port of Prince Rupert, Canada's northernmost trade gateway on the west coast. Error! Sorry, there was an error processing your request. There was a problem with the recaptcha. Please try again. You may unsubscribe at any time. By signing up, you agree to our terms of use and privacy policy . This site is protected by reCAPTCHA and the Google privacy policy and terms of service apply. Want more of the latest from us? Sign up for more at our newsletter page .

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