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China Eastern Airlines News

22 Sep 2021

China's First Carbon-neutral Oil Cargo Certified

Illustration only - Credit:oranhall

China's refining giant Sinopec Corp said on Wednesday it has jointly certified the country's first carbon-neutral crude oil cargo with shipping giant Cosco Shipping and China Eastern Airlines.The 30,000-tonne cargo was produced by Sinopec in Angola and shipped by Cosco Shipping to an east China-based Sinopec refinery for processing, Sinopec said.To offset the carbon dioxide produced during the process from crude production to shipping to consumption by vehicles and airplanes, the three state firms bought Chinese Certified Emissions Reductions credits.These credits will go to investing in carbo

21 Apr 2017

Piraeus Targets Cruise Sector

Piraeus Port, Greece's largest, aims to increase its cruise traffic from 1 million passengers a year up to 1.5 million in the short-term and to 3 million long-term, its managing director, Fu Cheng Qiu, said on Friday. COSCO Shipping, which owns the world's fourth-largest container shipping fleet, bought 51 percent of the port's operating company last year, and plans significant investment to turn the port into a transhipment hub for rapidly growing trade between Asia and Eastern Europe. In a speech welcoming a first group of 250 Chinese cruise passengers in Piraeus, Fu, who took over last year, said COSCO also plans to upgrade cruise services to attract Chinese tourists and tap into the port's growth potential in the cruise industry in the Mediterranean Sea.

19 Nov 1999

Transport Firms To Gain From U.S.-China WTO Pact

The accord between China and the U.S. on Beijing's entry to the World Trade Organization (WTO) will boost trade and benefit transport companies in both countries, industry officials said. "We believe that China's entry to the WTO will stimulate growth in the volume of trade flowing in and out of China," said Eddy Chan, mid-Pacific region vice-president for Federal Express, which provides air service to three Chinese cities five times a week. "As such, FedEx would be well-positioned to handle any increase in import and export transportation volumes," Chan said. Total U.S. trade with China grew to more than $85 billion in 1998, making China the fourth largest trading partner of the U.S., according to the U.S. Department of Commerce.