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  1. Bulk carriers help fill Rongsheng order book

    Posted Jul 02nd 2011, 12:00am

    ... in 2009. Confirmation of this year's ship deliveries came after the shipyard said it recently secured orders from three European shipowners for 10 205,000 dwt dry cargo Capesize bulk carriers ... of the contract prices for the new ships. But ship brokers said a 205,000 dwt bulk carrier typically cost around US$65 million at a mainland yard, while a 6,600 teu container ship cost between US$65 ...


    Posted Jul 20th 2003, 12:00am by Staff Reporter

    ... set a one-year price target of HK$3.10. The counter closed on Friday at $3.175. Strong dry bulk and international oil transport businesses continued to boost revenue growth for China Shipping ... to benefit from rising oil demand. Revenue from dry bulk transport continued to grow at a healthy 32 per cent year on year in June, backed by stable freight rates and volume growth of 41 per cent ...

  3. Cargo liner faces wary investor reception

    Posted Jun 30th 2004, 12:00am by Russell Barling

    ... to valuation. 'The starting point for bulk carriers is [net asset value] for long-term valuations,' the analyst said. 'Container carriers are more about networks than about assets.' ... Russell Barling Pacific Basin will be hard-pressed to overcome gloom cast by CSCL's slide Dry bulk niche shipping specialist Pacific Basin will today begin its share offer ...


    Posted Jul 18th 2004, 12:00am by Staff Reporter

    ... It set a one-year price target of HK$3.10. Strong dry bulk and international oil transport businesses continued to boost revenue growth for China Shipping. Coal transport had returned to earlier ... its positive view of China Shipping because it was in a position to capitalise on rising oil and dry bulk transport, backed by new capacity, including dry bulkers, aframax tankers and very ...

  5. Asian container shippers are set to outperform bulk carriers

    Posted Oct 07th 2010, 12:00am by Keith Wallis

    ... was the outstanding order book for vessels. The bank forecast that cargo demand would only outstrip the supply of large capesize dry bulk carriers of around 180,000 deadweight tonnes in 2013. But it would ... Keith Wallis Increased Asian trade flows mean container ship owners such as Orient Overseas Container Line and Cosco Container Lines are likely to perform better than operators of dry bulk ...

  6. Carriers spend US$5.7b on new aircraft to bulk up fleets as demand recovers

    Posted Feb 12th 2010, 12:00am by Charlotte So

    ... Charlotte So Mainland carriers have made another round of fleet purchases after passenger demand rebounded across the nation last year. Air China, the Beijing-based carrier, ordered 20 Airbus A320s at a total catalogue price of US$1.63 billion yesterday, the third order made by the three biggest mainland carriers since late last year. The big three, which also comprise China ...

  7. Dry-bulk carrier puts an early spin to 'story of the year'

    Posted Feb 25th 2004, 12:00am by Staff Reporter

    ... in the same period. The thinly covered bulk carrier and ship-chartering company met several analysts in one-on-one meetings last week, prompting speculation something major was in the works. ... The company is now chartering these same vessels to other bulk carriers at spot rates, leaving the company with a simple but very lucrative business model. 'In 2004, more than 90 per cent of its ...

  8. Asian shipyards face overcapacity threat

    Posted Dec 28th 2010, 12:00am by Keith Wallis

    ... rates were echoed by Norwegian bank DnB NOR, which said that although the cargo volumes 'are expected to rise, the dry bulk carrier fleet is set to continue its rapid expansion as the order ... Arrow Shipbrokers, which has offices in Hong Kong and Shanghai, show shipyards have spare capacity from the middle of next year for smaller sizes of dry bulk cargo ships. Similarly, shipyards ...

  9. Naval architect makes design breakthrough

    Posted Sep 27th 2008, 12:00am by Chris Davis

    ... is credited with one of the most significant breakthroughs in environmental ship design in recent years for the improvements he made to the structure of Capesize bulk carriers that are too large ... as the 'father of the Capesize bulk carrier in China', Dr Cheng implemented his 'Green Cape' concept, which prevents pollution by ballast water as well as fuel and lubricating oils. ...

  10. China seen as key for iron ore, shipping firms

    Posted Nov 14th 2011, 12:00am

    ... Keith Wallis keith.wallis@scmp.com China will remain the world's key iron ore market for mining companies and the global dry bulk shipping industry, despite concerns about the future ... carriers, of between 206,000-400,000 dwt, due for delivery in 2012 and 2013. With their substantial increase in cargo-carrying capacity compared with existing Capesize ships, the ultra large vessels ...




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