Midea, Hutchison Ports sign pact to strengthen global supply chain Subhead
Midea Group and Hutchison Port Holdings Ltd have signed a Memorandum of Understanding (MoU) to strengthen their global supply chain partnership, with an initial focus on improving logistics efficiency, port operations and digital integration.The agreement, announced at the Shenzhen Port Global Supply Chain High-Quality Development Conference 2026, will see the two companies collaborate over the next two years to enhance maritime logistics and support Midea's expanding international manufacturing and distribution network.The partnership leverages Midea's growing overseas manufacturing footprint..
IVECO, PETRONAS extend lubricants partnership until 2032
IVECO and PETRONAS Lubricants International (PLI) have renewed their strategic partnership for another five years, extending their collaboration until 2032. The agreement continues a relationship spanning more than five decades, centred on the development and supply of lubricants and technical fluids for IVECO's commercial vehicle range.Under the renewed partnership, PLI will continue to co-engineer and exclusively supply the IVECO URANIA engine oils and IVECO TUTELA technical fluids, which include transmission fluids, brake fluids and coolants. The product range is designed to meet the operat..
Ningbo showcases smart manufacturing at Colombo trade dialogue
Ningbo, one of China's historic port cities, showcased its smart manufacturing capabilities and global trade strategy during the Encounter & Insight: Dialogue Between Ningbo, China and Colombo, Sri Lanka, held in Colombo on July 4. The event brought together representatives from the two port cities to discuss integrated port-city development, trade connectivity and cultural exchange.The dialogue highlighted Ningbo's transition from a traditional manufacturing hub to a centre for advanced industrial production, supported by digital transformation and technology-driven exports. According to ..

