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  • October 2, 2014
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  1. Mainland shipyards get boost with order for mega carriers

    Posted Nov 10th 2004, 12:00am by Annette Chiu, Russell Barling

    ... China Shipping Container Lines (CSCL), the country's No2 carrier, to build the biggest container vessels seen on the mainland. The US$372 million order, for four vessels designed to carry 8,530 20-foot equivalent units (teu) each, is an important deal for the mainland's emerging shipbuilding industry, where the previous record size for a box ship was 5,600 teu, about 35 per ...

  2. Pipe-laying barge managed by Hong Kong shipping company

    Posted Sep 18th 2010, 12:00am by Keith Wallis

    ... on board are employed by Anglo-Eastern Ship Management to maintain the barge on behalf of its Luxembourg-based owner, Maritime Construction Services, which is linked to a Russian offshore company. ... Keith Wallis A Hong Kong-based ship management company is targeting the specialist offshore sector after it took over the day-to-day technical management of a US$140 million pipe-laying ...

  3. Guangzhou says Nansha port will boost HK shipping role

    Posted Mar 17th 2004, 12:00am by Staff Reporter

    ... of the Pearl River Delta will make it a natural transport and shipping centre. Since drawing up the plan, Guangzhou has spent 10 billion yuan a year to realise it. Nansha development zone authorities yesterday said the construction of four 50,000-tonne multi-function berths had been completed and would be in service by September. Plans also have begun for another four 100,000-tonne container ...

  4. Danish shipping giant to add more HK-flagged ships

    Posted Jul 23rd 2010, 12:00am by Keith Wallis

    ... Keith Wallis Danish shipping giant AP Moller-Maersk is strengthening its presence in the city by more than doubling its Hong Kong-registered fleet from 17 to 39 ships. Maersk Shipping Hong Kong managing director Dipak Dash confirmed the move, saying one of the reasons for choosing Hong Kong was that ships flying the Bauhinia flag paid preferential dues at mainland ports. Flagging ...

  5. Eurasia delivers global service

    Posted Jul 07th 2003, 12:00am by Chris Oliver

    ... consultancy (new ship design and construction, retrofits, conversions, quality assurance, technical consultancy), and shipping services (procurement, logistics, maritime catering, and financial ... Of the two overall winners in this year's Hong Kong Management Association (HKMA) Quality Award, ship-management company Eurasia stands out as an intriguing case study in global ...

  6. Construction Bank buys AIG unit for US$70m

    Posted Aug 13th 2009, 12:00am by Staff Reporter

    ... Fulton Mak China Construction Bank Corp is buying a unit of financial conglomerate American International Group for US$70 million, its first acquisition outside the mainland in about three years. The deal, being conducted by China Construction Bank (Asia) Corp, a wholly owned subsidiary of the world's third-largest bank by market value, also involves repayment of loans ...

  7. Companies reporting this week

    Posted Aug 09th 2010, 12:00am by Staff Reporter

    ... Today Interim: Dah Sing Banking Group, Lifestyle International, Sino-Life Group, Sinotrans Shipping Final: QPL International Holdings Tomorrow Interim: AcrossAsia, Alibaba.com, China Minsheng Banking, China Shipping Development, China South Locomotive & Rolling Stock Corp, China Zhongwang Holdings, Fubon Bank (Hong Kong), Huaneng Power International, Hysan Development, ...

  8. Construction Bank profit soars 71.4pc to 58.7b yuan

    Posted Aug 23rd 2008, 12:00am by Staff Reporter

    ... Jane Cai in Beijing Mainland lender records robust fee and commission income China Construction Bank Corp said yesterday its first-half net profit rose 71.44 per cent from a year earlier to 58.67 billion yuan (HK$67.02 billion), thanks to booming net fee and commission income. The mainland's second-largest lender joined its national rivals in posting strong earnings on wider ...

  9. Coli may spin off construction unit to sharpen focus

    Posted Jan 21st 2004, 12:00am by Peggy Sito

    ... its construction unit to focus its resources on the fast-growing property development business in China. The red chip said it was considering the possibility of combining all or part of its construction business with the construction units of its parent, China Overseas Holdings, to form a new entity. China Overseas holds 58 per cent of Coli. The new entity is expected to be separately ...

  10. Construction industry's top polluters fined again

    Posted Aug 24th 2003, 12:00am by Staff Reporter

    ... Many of the worst repeat polluters in Hong Kong's construction industry have been fined yet again, but way below the maximum. The Environmental Protection Department's July list of convictions show four of the 'top 10 polluting construction companies', exposed in a report in the Sunday Morning Post last month, had once again been found guilty of a range of offences. ...




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