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  1. 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
  2. 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
  3. 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
  4. Business - Commodities

    Cheap Iranian oil hurts US crude export prospects

    Posted Jul 29th 2014, 01:26am by Reuters

    ... bought a cargo from Enterprise Product Partners for loading this month and had sold it to South Korean refiner GS Caltex, sources said. Refiner Cosmo Oil bought a cargo of US condensate ...

    http://www.scmp.com/business/commodities/article/1561390/cheap-iranian-oil-hurts-us-crude-export-prospects
  5. Business

    Bulk rates to decline further on Asian routes amid glut of ships

    Posted Jul 18th 2014, 02:57am by Reuters

    ... Reuters in Singapore Bulk rates to fall more amid glut of ships Rates for capesize bulk carriers on key Asian routes will fall more next week as cargo owners bide their time chartering ... with rates on capesize routes from Australia and Brazil to Asia around the lowest since late May. "Charterers have cargoes available but are in no rush to fix vessels in the hope of pushing ...

    http://www.scmp.com/business/article/1555861/bulk-rates-decline-further-asian-routes-amid-glut-ships
  6. 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
  7. 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
  8. Business - Companies - AVIATION

    Thailand strife a drag on Cathay Pacific's June passenger volume

    Posted Jul 15th 2014, 01:31am by SIJIA JIANG

    ... "[Demand] in Southeast Asia was affected by various factors including the political situation in Thailand," Tong said. Cargo traffic, accounting for more than a quarter of the group's ... of Hong Kong and the mainland, particularly on the transpacific lanes, was robust. "Cargo demand has been weak in the past three years," said Paul Wan, the head of transport at brokerage ...

    http://www.scmp.com/business/companies/article/1554318/thailand-strife-drag-cathay-pacifics-june-passenger-volume
  9. 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
  10. Business - Commodities

    Commodity financing probe extends to petrochemical imports

    Posted Jul 04th 2014, 01:41am by Reuters

    ... which is not suspected of any wrongdoing, went to take delivery of the cargo around mid-May it found it had been impounded by the authorities. The case, involving a private mainland fuel company ... at least one 30,000 tonne cargo worth about 300 million yuan stored at a tank in Tianjin. Chinaoil's purchase was part of that cargo, they said. The sources said the certificate of ownership ...

    http://www.scmp.com/business/commodities/article/1546122/commodity-financing-probe-extends-petrochemical-imports

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