• Saturday
  • April 19, 2014
  • Last updated: 9:22pm
Hong Kong




Refine Your Search

Sort by

Related Keywords

Search Results

Results 1 - 7 of 7 for acquisition

Search results

  1. Business - Companies - SHIPPING

    Cosco International seeks acquisitions to boost profits

    Posted Aug 23rd 2012, 12:00am by Keith Wallis

    ... an eye out for acquisitions Cash-rich Cosco International, the shipping services offshoot of China's largest shipping firm Cosco, is eyeing acquisitions both inside and outside its parent as it seeks to develop synergies with existing businesses. Chairman Ye Weilong said: "Several potential acquisitions are now under intensive study" following a detailed assessment of its ...

  2. Business - China Business - SHIPPING

    China Merchants profit to strengthen in 2nd half

    Posted Aug 30th 2013, 12:00am by Anita Lam

    ... in the first six months of the year- expects to perform even better during the second half, as two acquisitions start to contribute to its bottom line. Falling container throughput in its home-base ... midway on an east-west sea route and it should capture a lot of cargoes from South Asia," Hu said. The three acquisitions completed this year are only the beginning of the group's ...

  3. Business - China Business - SHIPPING

    Yards face tighter grip as consolidation looms

    Posted Aug 13th 2013, 12:00am by BLOOM

    ... glut. To stabilise the industry, a third to a half of the yards will probably have to disappear through acquisitions and closings, according to executives and analysts. State-run firms have ...

  4. Business - Companies - SHIPPING

    Pacific Basin expands fleet as charter rates rise

    Posted Apr 19th 2013, 12:00am by Keith Wallis

    ... Keith Wallis keith.wallis@scmp.com Pacific Basin expands fleet as charter rates rise Pacific Basin Shipping has continued last year's spending spree on vessel acquisitions despite what the company said was a weak outlook, "with moderate seasonal variations", for the dry bulk market this year. The firm added a ninth dry bulk vessel to the eight it has agreed ...

  5. Business - China Business - SHIPPING

    Cosco arm may dip toe into leasing

    Posted Feb 21st 2013, 12:00am by Keith Wallis

    ... be brought under the control of Cosco International. Sources said other plans included opening two new paint factories in China and acquisitions to strengthen its existing five businesses, which cover paints, marine equipment, ship trading, marine fuel and insurance. One insider said the acquisitions would have some synergy with the existing businesses or allow the firm to expand ...

  6. Business - Companies - SHIPPING

    Pacific Basin looks to expand its fleet

    Posted Mar 01st 2013, 12:00am by Keith Wallis

    ... million for vessel acquisitions, has already spent US$122 million since September to acquire eight dry bulk ships. These comprise seven secondhand Handysize and Handymax vessels and a new ...

  7. Business - Companies - SHIPPING

    KC Maritime on expansion course

    Posted Aug 28th 2012, 12:00am by Keith Wallis

    ... for sale by shipyards that the original owner ordered but cannot pay for. KC Maritime was expected to make its first acquisition "within this year", Bhatia said. He was speaking after ...



SCMP.com Account