Each container is made to export some kind of goods in order to be shipped across the ocean to another country. In fact, 90% of the world's trade in goods is shipped overseas, so containers are crucial for international trade. It is estimated that about 85% of the containers are made in China. They have some of the world's best manufacturing facilities and the largest labor output. Manufacturing almost all containers makes sense for China because they are the world's largest exporter.
Subsea 7 Wins $800 Million North Sea Contract
Subsea 7 S.A. (Oslo Børs:SUBC) said Thursday that they have been awarded an $800 million subsea, umbilical, riser and flowline (SURF) contract from Total E&P Norge AS for the development of the Martin Linge gas field, located 180 km west of Bergen in the North Sea. “This project is the largest SURF contract ever awarded …
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