Target 17% reduction in CO2E by 2020
NewsHapag-Lloyd and Kuehne + Nagel have agreed to a 17% CO2 reduction by 2020 compared to as they aim to develop long-term solutions for container transport
Singamas sells tank factory
Singamas Container Holdings, the world’s second largest container manufacturer, has sold its tank container manufacturing subsidiary, Foshan Shunde Singamas Tank Container (SSTC), to PRC-incorporated investment holding company Guangdong Fuwa Machinery Holding Co for RMB171.5M (US$27.27M).
SSTC was set up in 2006 with technical assistance from Netherlands-based Flax Field Trading BV and commenced construction of T11 units in early 2007. Last year it built around 3,000 tanks against an installed capacity of 5,000 units.
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This complete item is approximately 200 words in length, and appeared in the November 2012 issue of WorldCargo News, on page 1. To access this issue download the PDF here.
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