Topic “In the News News” — Exporter Magazine

Taiwan’s Evergreen Marine and its affiliates have signed syndicated loan worth US$824 million to fund the purchase of ten 8,800-TEU newbuildings from China Shipbuilding Corporation (CSBC) of Taiwan, according to Transport Weekly, citing the Shipping Gazette. The Port of Los Angeles, as part of a broad initiative to facilitate exports and support economic development, is working with the US Department of Commerce to assist local garment manufacturers penetrate second-tier Chinese cities with their products, according to the Shipping Gazette, citing the American Shipper. A trade complaint filed against China by a group of America-based solar companies drew skeptical reviews from inside the industry, with many fearing a trade war could disrupt growth, according to ChinaDaily. UK exporters have traditionally found it difficult to stimulate significant interest in Spain because of a perception that meat from the rain-fed pasture system common across northern Europe has too strong a taste, contrasting to their own milder grain-fed, domestically produced lamb.