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The report 'Ports to see drop in volume' published yesterday should have said China Merchants Holdings (International)'s container throughput volume for Hong Kong Modern Terminals, in which it holds a 27 per cent stake, rose 3 per cent to 5.9 million 20-foot equivalent units last year.
In the article 'Cofco and Sinopec join 90b yuan biofuel plan' published on Monday, it was incorrectly reported that Cofco, Sinopec and Novozymes were planning a joint venture. A framework agreement the three parties signed in February focuses only on research of the project.
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