JES Removed from China’s White List

first_imgWorld Maritime News Staff, October 1, 2014 zoom Chinese shipbulder Jiangsu New East Marine Equipment Co has been removed from the official White List of shipbuilders issued by China’s Ministry of Industry and Information Technology (MIIT).The list has been reduced now to 50 shipyards from previous 51. The Ministry did not disclose the reason behind this decision.The Supreme People’s Court of China has blacklisted Jiangsu Eastern Heavy Industry (JEHI), also a subsidiary of Singapore-listed JES International for failing to settle its debt obligations in July this year.The parent company JES International has been coping with losses as it recorded a first half net loss of RMB11.93 million (USD 1.94 million).The said 50 companies form part of the first batch of review, with a further 21 shipyards being scrutinized for the second batch of the “white list”.last_img read more

Burger King will sell plantbased Whopper across US

MIAMI — It’s official: Burger King will soon offer its Impossible Whopper plant-based burger nationwide.The chain said the soy-based burger, made by Impossible Foods, will be available for a limited time at its 7,000 U.S. stores starting next week.Limited-time offers are typical for new products in the fast food industry. Burger King says it will gauge customer reaction and consider expanding sales.Miami-based Burger King began testing the Impossible Whopper in April in St. Louis. It later expanded to six other markets.Burger King won’t say how many Impossible Whoppers it has sold, but says it drove new customers to its stores.Impossible Foods has been struggling to meet demand for the popular burger. This week it announced a manufacturing partnership with OSI Group, an Illinois food production company.The Associated Press read more