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  • August 22, 2014
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  1. News - China - ACCIDENT

    Bus inferno kills 43 in Hunan after being hit by van carrying dangerous cargo

    Posted Jul 19th 2014, 01:30pm by Teddy Ng

    ... Teddy Ng in Beijing teddy.ng@scmp.com 43 killed as bus explodes in flames after van crash At least 43 people were killed when a van carrying flammable liquid rammed into the back of a coach and exploded on a busy expressway in Hunan province early yesterd ...

    http://www.scmp.com/news/china/article/1556600/least-38-killed-blaze-hunan-road-accident-state-media
  2. Business - Economy - SHIPPING

    Asian bulk capesize rates seen falling as ships exceed new cargo volumes

    Posted Jul 11th 2014, 01:31am by Reuters

    ... Reuters in Singapore Freight charges will continue to sink as underactive market sees available charter ships on vital Asian routes exceed new cargo volumes Brokers predict fall in Asian bulk capesize rates Rates for capesize bulk carriers on key Asian routes will continue to fall next week as the number of ships available for charter outpaces the volume of new cargoes, brokers ...

    http://www.scmp.com/business/economy/article/1551431/asian-bulk-capesize-rates-seen-falling-ships-exceed-new-cargo
  3. Business - Companies

    Air China and Cathay Pacific inject 2b yuan into cargo venture

    Posted Jun 27th 2014, 01:04am by SIJIA JIANG

    ... Sijia Jiang sijia.jiang@scmp.com Air China Cargo gets top-up of 2b yuan Air China Cargo, a joint venture between Air China and Cathay Pacific since 2010, will see its registered capital rise 62 per cent to 5.2 billion yuan (HK$6.5 billion) following a capital injection of two billion yuan announced yesterday. Air China, which owns 51 per cent of its cargo subsidiary, will pour ...

    http://www.scmp.com/business/companies/article/1541293/air-china-and-cathay-pacific-inject-2b-yuan-cargo-venture
  4. News - Hong Kong - SHIPPING

    Another broken-down cargo ship washes up on Hong Kong beach

    Posted Jun 26th 2014, 04:05am by Clifford Lo

    ... Clifford Lo clifford.lo@scmp.com Broken-down cargo ship hits Butterfly Beach A 50-metre mainland cargo vessel ran aground at Butterfly Beach in Tuen Mun yesterday after it suffered engine ... checking what damage has been caused by the vessel and investigating the cause of the incident," a spokeswoman said. It was the second mainland cargo vessel to run aground in the city ...

    http://www.scmp.com/news/hong-kong/article/1540527/broken-down-cargo-vessel-drifts-ashore-butterfly-beach
  5. News - Asia - PIRACY

    Pirates free Thai tanker after cargo theft in Southeast Asian waters

    Posted Jun 02nd 2014, 10:20am

    ... cargo, in the latest attack in Southeast Asian waters, the International Maritime Bureau said on Monday. MT Orapin 4 with 14 crew aboard, arrived at Sri Racha Port in Thailand on Sunday, ... Kalimantan. “Pirates hijacked and stole the tanker’s oil cargo onboard and destroyed the communication equipment. The crew and vessel are safe,” the centre said in a brief release. Noel Choong, ...

    http://www.scmp.com/news/asia/article/1523688/pirates-free-thai-tanker-after-cargo-theft
  6. News - China - LOGISTICS

    Three Gorges Dam exceeds cargo target set for 2030

    Posted May 24th 2014, 02:45am by He Huifeng

    ... He Huifeng huifeng.he@scmp.com Project has improved conditions for river navigation but is constrained by limited lock capacity Three Gorges cargo traffic hits target 16 years early ... benefits of the vast infrastructure project was an increase in shipping capacity, but now engineers are struggling with the challenge of how to provide more room for cargo on the Yangtze River. ...

    http://www.scmp.com/news/china/article/1519185/three-gorges-dam-exceeds-cargo-target-set-2030
  7. Port-centric logistics company bolsters trade in Asean

    Posted Aug 18th 2014, 12:22pm by Reports by Krystin Chu and Khay Inn Poh

    ... handles bulk cargo such as steel materials, food and feeds. KBS provides shipping companies and investors with efficient handling of industrial cargo and offers support facilities including warehousing and jetty management. From a capacity of 3 million tonnes in 1996, Indonesia's largest bulk port logistics player now handles up to 10 million tonnes of cargo annually. It plans ...

    http://www.scmp.com/article/1575966/port-centric-logistics-company-bolsters-trade-asean
  8. Business - Economy

    Cargo piling up at Manila docks amid truck ban

    Posted May 13th 2014, 01:13am by BLOOM

    ... Bloomberg in Manila Cargo piling up at Manila docks amid truck ban Cargo containers filled with goods from toys to electronics are piling up on Manila's docks as a rush-hour truck ban threatens to dent growth in the Philippines, Southeast Asia's fastest-expanding economy. Incoming cargo boxes have lingered at International Container Terminal Services' 100-hectare port ...

    http://www.scmp.com/business/economy/article/1510758/cargo-piling-manila-docks-amid-truck-ban
  9. News - World - IMMIGRATION

    Dead body and 34 stowaways found crammed in container at British port

    Posted Aug 16th 2014, 10:01pm by AGENCIES

    ... the cargo at Tilbury docks in Essex, east of London, on Saturday morning, police said. Officials reported hearing bangs and screams coming from the container, which arrived aboard a P&O cargo ... Trevor Rowe says detectives are liaising with Belgian police and treating the man’s death as homicide. Tilbury, on the River Thames, is primarily a bulk cargo and container port ...

    http://www.scmp.com/news/world/article/1575077/dead-body-and-34-stowaways-found-crammed-shipping-container-british-port
  10. Business - Companies - EARNINGS

    Cathay Pacific profit surges but falls short of estimates

    Posted Aug 13th 2014, 02:10pm by SIJIA JIANG

    ... and signs of pickup in cargo load, Slosar said. Shares of Cathay, which includes Cathay Pacific and Dragonair, dropped 1.74 per cent to end yesterday at HK$14.68. In contrast, the benchmark Hang ... of an airline's profitability, slipped 3.5 per cent in the passenger business to 66.6 HK cents and dropped 6.9 per cent for cargo and mail. The profit margin improved by 0.6 percentage point to 0.7 per ...

    http://www.scmp.com/business/companies/article/1572792/cathay-pacific-profit-surges-falls-short-estimates

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