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  • April 21, 2014
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  1. News - Hong Kong

    On the rocks: picture shows how close huge cargo ship came to collision at Pok Fu Lam

    Posted Apr 06th 2014, 09:04pm by SAMUEL CHAN, Johnny Tam

    ... for land. He said he had been alerted to the incoming cargo ship on hearing a loud screeching noise. The captain, he said, appeared to have dropped anchor as the boat approached Hong Kong, slowing ... as two fireboats were deployed and the cargo vessel was subsequently towed free. No one onboard or ashore was hurt and the vessel appeared to have escaped unscathed. Watch: Container ship runs ...

    http://www.scmp.com/news/hong-kong/article/1466481/video-193-metre-long-container-ship-runs-aground-pokfulam
  2. Business - Companies - TRANSPORT

    Idea of drone cargo ships floated, but problems load up

    Posted Feb 26th 2014, 01:15am by BLOOM

    ... Bloomberg in New York While the technology is within sight, touted cost benefits are queried and regulatory snags loom Idea of drone cargo ships floated, but problems load up In an age of aerial drones and driver-less cars, Rolls-Royce is designing unmanned cargo ships. Rolls-Royce's Blue Ocean development team has set up a virtual-reality prototype at its office in Alesund, ...

    http://www.scmp.com/business/companies/article/1435278/idea-drone-cargo-ships-floated-problems-load
  3. News - Hong Kong - MARINE SAFETY

    Stricken cargo ship overturns in Hong Kong as frightened crew abandon posts

    Posted Feb 21st 2014, 01:20pm by Clifford Lo

    ... crew fled a listing cargo ship and refused to go back on board to turn off the engine for fear of being trapped if it capsized, leaving the 2,500-tonne vessel circling until it broke down ... of Cheung Chau when it started listing shortly after 10am. A Marine Department spokeswoman said the ship had "suddenly begun to list", while a police source said: "The cargo ...

    http://www.scmp.com/news/hong-kong/article/1432535/stricken-cargo-ship-overturns-hong-kong-frightened-crew-abandon-posts
  4. Business - Companies - TRANSPORT

    Overcapacity puts the brakes on Asian cargo carriers growth

    Posted Feb 10th 2014, 02:19pm by Agence France-Presse in Singapore

    ... Agence France-Presse in Singapore Asia-Pacific carriers, which have nearly 40pc of the global freight market, saw volumes drop 1pc Overcapacity puts brakes on cargo growth Top Asian airlines' profit margins are being eroded by a struggling air cargo business, even as they capitalise on increasing passenger demand, industry executives said over the weekend. Weak global economic ...

    http://www.scmp.com/business/companies/article/1425159/overcapacity-puts-brakes-asian-cargo-carriers-growth
  5. Business - Money - SHIPPING

    Shipping firms brace for survival battle

    Posted Feb 06th 2013, 12:00am by Keith Wallis

    ... revenues. Peter Sand, chief shipping analyst at shipping lobby group Bimco, said: "It will be some time before the fundamental [vessel] supply and [cargo] demand ratio are balanced. The fleet ... Commenting about 2012, Huxley said the dry-cargo market "endured its worst year for a quarter of a century", adding that this year was unlikely to be much better. "For many, this year ...

    http://www.scmp.com/business/money/markets-investing/article/1143857/shipping-firms-brace-survival-battle
  6. Business - Companies - AVIATION

    Cathay continues to idle part of its freight fleet

    Posted Feb 18th 2014, 04:34am by CHALOTTE SO

    ... Charlotte So charlotte.so@scmp.com Cargo tonnage at the carrier drops 1.4 per cent amid overcapacity and weak overseas demand Cathay continues to idle freighters Cathay Pacific Airways plans to keep part of its freighter fleet in the hangar this year amid a protracted slump in the cargo market. The airline's cargo tonnage fell 1.4 per cent year on year last month, ...

    http://www.scmp.com/business/companies/article/1429933/cathay-continues-idle-part-its-freight-fleet
  7. Business - Companies - RESULTS

    Fuel savings propel Cathay's profit

    Posted Mar 12th 2014, 03:25pm by Charlotte So

    ... Charlotte So charlotte.so@scmp.com Airline to raise passenger capacity and cargo yields with help of more fuel efficient aircraft Fuel savings propel Cathay's profit Cathay Pacific ... to expand cargo and passenger traffic in 2014. The net was in comparison to 2012 earnings of HK$862 million. A HK$2.3 billion reduction in total fuel costs was the main contributor to the bottom ...

    http://www.scmp.com/business/companies/article/1447100/cathay-pacific-triples-its-net-profit
  8. News - China

    One sailor dead, 25 missing in China cargo ship sinkings

    Posted Nov 25th 2013, 04:32pm by Associated Press in Beijing

    ... Associated Press in Beijing Rescuers on Monday searched for 25 sailors missing after two cargo ships sank off China’s east coast in separate incidents, killing at least one crew member, authorities said. A ship with 14 crew members that was registered in the eastern port city of Tianjin sank early on Monday because of large waves and stormy conditions, the Shandong Maritime Safety ...

    http://www.scmp.com/news/china/article/1365296/one-sailor-dead-25-missing-china-cargo-ship-sinkings
  9. News - World

    New commercial cargo ship arrives at the International Space Station after week's delay

    Posted Sep 29th 2013, 07:18pm by AP

    ... CAPE CANAVERAL, Florida (AP) — New commercial cargo ship arrives at the International Space Station after week's delay. ...

    http://www.scmp.com/news/world/article/1320703/new-commercial-cargo-ship-arrives-international-space-station-after-weeks

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