#Baidu’s shares surged 16% in Hong Kong after securing an #AIpartnership with #ChinaMerchantsGroup and launching a debt sale. The company is aggressively pursuing #AI, including using #internallydesignedchips to train models and reduce reliance on Nvidia.…

Grimaldi adds to China newbuilding orderbook with $1.3bn ro-pax contract ITALY’S Grimaldi Group has returned to its favoured builder of newbuildings with a new order for a series of high-specification ro-pax ferries valued at a combined $1.3bn. A total of nine ro-paxes hav...

Grimaldi adds to China newbuilding orderbook with $1.3bn ro-pax contract

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#Decarbonisation #Shipbuilding #Roro #Passenger #Grimaldi #Italy #Finland #China #Grimaldi #ChinaMerchantsJinlingShipyardWeihai #ChinaMerchantsGroup #MinoanLines #Finnlines #JinlingShipyard

China’s state-owned shipping giants join Beijing’s stock market rescue effort CHINA’S state-owned shipping giants are launching another round of large-scale share buybacks, as part of Beijing’s efforts to shore up domestic stock markets amid escalating Sino-US tariff war. China...

China’s state-owned shipping giants join Beijing’s stock market rescue effort

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#COSCO #PacificBasin #ChinaCoscoShippingCorp #ChinaMerchantsGroup #CoscoShippingHoldings #CoscoShippingDevelopment #ChinaMerchantsEnergyShipping #ChinaMerchantsPortGroup #PacificBasinShipping