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  • November 28, 2014
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  1. Business - Companies - SHIPPING

    Four Iranian cargo vessels to quit Hong Kong register

    Posted Nov 17th 2012, 12:00am by Keith Wallis

    ... Keith Wallis keith.wallis@scmp.com Shipowners take action after being told to find alternative flag state by Marine Department Four Iranian cargo vessels to quit HK register Iranian owners of four dry cargo ships are taking steps to deregister the vessels in Hong Kong just days after the Marine Department sent a letter to owners of 19 Iranian ships asking them to register ...

  2. Business - Companies - SHIPPING

    Battle lines drawn for UK cargo volumes

    Posted Oct 12th 2012, 12:00am by Keith Wallis

    ... Keith Wallis keith.wallis@scmp.com DP World's new port in Britain launches blitz to woo Asian cargo owners and shippers in fight with Hutchison's Felixstowe for market share ... Gateway will go head-to-head with Hutchison's Felixstowe port for Britain's cargo volumes. London Gateway, which is costing the Dubai-headquartered port operator about £1.5 billion ...

  3. Business - Companies - SHIPPING

    Christmas cargo boosts US rates as Europe routes face capacity reduction

    Posted Sep 07th 2012, 12:00am by Bloomberg

    ... Bloomberg While shipping lines are raising rates on Asia-US routes before the Christmas rush, capacity on Europe services will be cut as debt crisis lingers of fortunes The shipping lanes of the Pacific and Indian oceans show the diverging fortunes of US ...

  4. Business - Companies - SHIPPING

    KC Maritime on expansion course

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

    ... Keith Wallis keith.wallis@scmp.com With a crash in ship prices, the company wants to beef up its fleet of cargo vessels through new orders and on the second-hand market KC Maritime ... per cent since 2010. Chief executive Captain Vikrant Bhatia said the firm was looking at different types of dry cargo ships, from 55,000 dwt (deadweight tonne) Supramax vessels up to 170,000 ...

  5. Business - China Business - CARGO

    Coscol looks abroad for new members of shipping pool

    Posted Dec 20th 2012, 12:00am by Keith Wallis

    ... ships, which vary in size between 20,247 dwt and 50,000 dwt, are operated by Coscol (HK) Investment and Development. They can carry a diverse range of cargoes including oil rigs, heavy engineering components, barges and other project cargo and are specially built to partially submerge to enable cargoes to be floated on and off the deck. Guo gave no timeline for the expansion, ...

  6. Business - AIRFREIGHT

    Hong Kong hub role at risk amid tighter US checks on cargo

    Posted Dec 01st 2012, 12:00am by Keith Wallis

    ... Keith Wallis keith.wallis@scmp.com New security rules require all shipments to be fully X-rayed before being loaded on aircraft HK hub role at risk amid tighter US checks on cargo ... as the world's busiest air cargo hub. The new rules require 100 per cent X-ray screening of all freight and the submission of detailed information about exporters before the cargo is loaded. ...

  7. Business - Economy - FREIGHT

    Hong Kong airport sees mini-boom in cargo

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

    ... Keith Wallis keith.wallis@scmp.com Extra 35 flights may mean 3,500 tonnes of freight to be moved as mainland records surge in trade in run-up to year-end Airport sees mini-boom in cargo Cargo volumes through Hong Kong International Airport are set to stage a mini-boom in the closing weeks of the year, buoyed by extra pre-Christmas freighter flights. Mark Whitehead, the managing ...

  8. Business - Companies - COURTS

    Cathay Pacific Airways pays A$11.7m fine to settle cargo price-fixing case

    Posted Dec 07th 2012, 01:34am by Charlotte So

    ... Charlotte So charlotte.so@scmp.com Australian court approves deal but carrier still has other suits pending over role in cargo cartel Cathay Pacific Airways agreed to pay a fine of A$11.75 million (HK$95.5 million) in an air cargo price-fixing case in Australia. The Federal Court of Australia approved the settlement between Cathay and the Australian Competition and Consumer ...

  9. Business - China Business - PORTS

    China urged to allow transshipment of outbound cargo by foreign carriers

    Posted Oct 25th 2012, 12:00am by KETIH WALLIS

    ... Keith Wallis keith.wallis@scmp.com Mainland hubs stand to benefit if overseas lines are allowed to transship international cargo Adviser urges wider role for foreign carriers Key mainland ports such as Shanghai could boost container volumes and revenues if they are allowed to let foreign carriers transship international cargo at Chinese hub ports, according to a senior maritime ...

  10. Business - Companies - SHIPPING

    Cargo airlines losing out to ocean container carriers

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

    ... Keith Wallis keith.wallis@scmp.com More companies are shipping their products by sea instead of by air in a shift that is seen as a permanent trend by industry executives Cargo airlines ... to logistics and cargo executives. Alfred Hofmann, the senior vice-president for sea freight in the Asia-Pacific at logistics giant Kuehne+Nagel, said the structural shift was permanent. ...




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