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  1. China United in bulk purchase to lower costs

    Posted Sep 30th 2003, 12:00am by Staff Reporter

    ... at less than 1,000 yuan each in an effort to boost the low end of the market. The carrier hopes lower handset prices which come with the bulk purchase will allow it to stimulate growth in user ... The carrier denies subsidies will rise after the handset order China United Telecommunications Corp is stepping up efforts to boost subscriber numbers for its code division multiple access ...

  2. China United uses bulk purchase to lower costs

    Posted Sep 30th 2003, 12:00am by Staff Reporter

    ... the low end of the market. The carrier hopes lower handset prices which come with the bulk purchase will allow it to stimulate growth in user numbers and traffic for its value-added mobile data ... of 1.5 billion yuan (HK$1.4 billion) - a bulk purchase it said was designed to lower costs. But the move has also raised concerns of a fresh round of handset subsidies at the mainland's No?2 ...

  3. China Shipping prepares for challenges ahead

    Posted Aug 19th 2010, 12:00am by Charlotte So

    ... per cent increase in interim net profit. But the company said it had prepared for freight rate volatility in the bulk shipping market by setting up more long-term contracts with mainland power ... cent thanks to a 25 per cent rise in shipping volume. The Baltic Dry Index (BDI), the indicator of the charter rates for various bulk vessels, has had a roller-coaster ride so far this year, ...

  4. Taiwanese joint venture to buy seven oil tankers

    Posted Sep 02nd 2010, 12:00am by Keith Wallis

    ... further after the recent drop in charter rates, which are down about 25 per cent. Ong, who was in Shanghai for the launch of a 177,000 dwt dry cargo bulk carrier that will be part-owned by U-Ming ... capesize dry bulk carriers. U-Ming Marine also has a very large crude carrier, jointly owned with Wah Kwong. Ship shape The current price of a very large crude carrier is at least, in US$: $95m ...

  5. Cargo carriers bank on booming markets in Asia to fuel growth

    Posted Dec 20th 2010, 12:00am by Charlotte So

    ... Charlotte So Airfreight carriers expect sustained strong demand for their services in the new year, following on a solid performance in 2010, as the global economy shows few signs ... billion). Next year, the company will cut direct costs by taking delivery of more fuel-efficient freighters and upgrading its hubs. Flaps up Airfreight carriers are expecting another solid ...

  6. Cargo carriers brace for more consolidation

    Posted Mar 01st 2010, 12:00am by Charlotte So

    ... Charlotte So A cargo joint venture agreed last week between Hong Kong flag-carrier Cathay Pacific Airways and Air China will likely trigger a wave of consolidation in China's highly ... China took a 17.5 per cent stake in Cathay and the latter regained control of regional carrier Dragonair. The latest agreement will give Cathay increased access to cargo routes from Shanghai ...

  7. Asian skies may be too tough for fledgling low-cost carriers

    Posted Dec 16th 2003, 12:00am by Staff Reporter

    ... When Cathay Pacific Airways revealed yesterday it was looking at ways to answer the fleet of budget airlines emerging in Asia, experts questioned whether the low-cost carrier model could survive in expensive Hong Kong. Moreover, low-cost carriers have proven resilient in common markets such as Europe, the United States and Australia. But can they perform in the bureaucratic tangle ...

  8. Singapore firms invest in China cargo carrier

    Posted May 19th 2005, 12:00am by Russell Barling

    ... and leased.' China Great Wall will have majority control of the carrier, which is expected to make its inaugural commercial flight in the first quarter of next year. Dahlia will own 24 per cent and SIA ... projected investment is 250 million yuan over three years.' SIA Cargo, an arm of the world's No3 scheduled cargo carrier, operates 14 Boeing 747-400Fs, with two more scheduled for delivery ...

  9. Sinoair eyes 49pc of domestic carrier

    Posted Mar 24th 2005, 12:00am by Russell Barling

    ... Russell Barling Stake in Sichuan Airlines would give mainland transport conglomerate extra international muscle The aviation subsidiary of Hong Kong-listed Sinotrans has agreed to buy a 49 per cent stake in a domestic carrier in central China, as the mainland freight conglomerate shores up its position in the express market ahead of a much anticipated foreign invasion next year. ...

  10. HGC doubles cross-border capacity with Netcom link

    Posted Dec 29th 2003, 12:00am by Ben Kwok

    ... capacity of HGC, which plans an initial public offering within six months. HGC handled traffic for more than 40 international carriers and internet service providers, which accounted for about 10 ... Shanghai and Shenzhen this year, operates private leased circuits although the bulk of its revenue comes from handling wholesale traffic to China. Andrew Kwok, the head of HGC's international ...




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