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China’s southern Guangdong province plans to develop a new port area at Bohe, Maoming city to improve cargo handling capacity for the west area of Guangdong.

Investment in harbour facilities by the Guangdong provincial government in the Malaysian west coast state of Malacca could transform the historical port into a top international sea port on par with Singapore by 2025, local reports said.

Cosco has announced the firming of two options for platform supply vessels (PSVs) at its Guangdong Shipyard, totalling $60m.