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  • August 22, 2014
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  1. OOCL suspends cargo shipping at affected ports

    Posted Mar 15th 2011, 12:00am by Keith Wallis

    ... Keith Wallis Orient Overseas Container Lines, the shipping company controlled by the Tung family, has suspended the shipment of cargoes to Sendai, Hitachinaka and Kashima following ... on business'. The firm said: 'Up to now, we are still evaluating the impact of the export cargoes from the affected areas.' Cambie said about 500 laden and empty damaged containers at Sendai ...

  2. Move to merge air cargo trade of Big 3

    Posted May 25th 2010, 12:00am by Charlotte So

    ... Charlotte So Beijing is pushing Air China, China Eastern Airlines Corp and China Southern Airlines to merge their cargo operations to claw back business in a market that is dominated by foreign carriers. A source familiar with the situation said some headway had been achieved in the move to a united cargo airline. 'A preparation team has been formed recently to work out ...

  3. China Merchants, Qingdao Port plan tie-up

    Posted Dec 19th 2009, 12:00am by Charlotte So

    ... Charlotte So in Qingdao China Merchants Holdings (International) and Qingdao Port (Group) will form a joint venture early next year to develop a bulk cargo terminal in Shandong province to meet growing demand for general cargo including iron ore and agricultural products in the region. Bulk cargo demand in Qingdao is severely under-served, said chairman Chang Dezhuan at a signing ...

  4. In Brief

    Posted Oct 15th 2010, 12:00am by Staff Reporter

    ... with Kazakhstan's sovereign wealth fund, Samruk-Kazyna. Naomi Rovnick Turkish Cargo to start twice weekly service to Istanbul Turkish Cargo, the cargo arm of Turkish Airlines, will start a twice weekly freighter service from Hong Kong to Istanbul from today. The service would enable Asian customers to ship cargo to 168 destinations through Istanbul, which is a two- to three-hour flight to almost ...

  5. Promenade in Western unlikely

    Posted Jun 25th 2008, 12:00am by Staff Reporter

    ... Eva Wu Western District residents wishing for a waterfront promenade in an area now used for cargo handling were told yesterday their hopes were unlikely to be realised. A Marine Department official told residents, planning advocates and legislators at an on-site meeting that the area was in demand as a key port for cargo to the outlying islands. Tension has flared ...

  6. Fedex hub may help Guangzhou take off

    Posted Sep 21st 2009, 12:00am by Toh Han Shih

    ... pace. In January, reeling under the impact of the global financial crisis, the Guangdong provincial capital's airport suffered a 34.9 per cent year-on-year drop in cargo throughput, while ... started operating its Asia-Pacific hub, Baiyun Airport's mail handling shot up 482 per cent year on year to 16,915 tonnes, while cargo exhibited 0.9 per cent growth. Since then, both numbers ...

  7. Fallout tipped to hit HK early in new year

    Posted Oct 11th 2008, 12:00am by Dennis Eng, Paggie Leung

    ... exports grew just 1.9 per cent year on year in August, down from 11.1 per cent in July. Hong Kong Air Cargo Terminals reported an 8 per cent year-on-year drop in the volume of cargo handled last ... forecast to 2 per cent, from 3.3 per cent. Travelling light Hong Kong Air Cargo Terminals handled 221,882 tonnes of cargo last month That's a year-on-year decline of: 8% ...

  8. SIA-China Eastern alliance favoured

    Posted Jun 10th 2009, 12:00am by Toh Han Shih

    ... Airlines,' said the finance expert. Shanghai Air said it would invest an additional 110 million yuan (HK$124.74 million) in Shanghai Airlines Cargo International. Other shareholders will also increase investments in the cargo company in line with their stakes and boost the registered capital of the cargo company to 664 million yuan from 464 million yuan, according to a statement ...

  9. China Southern gets 1.5b yuan in state aid

    Posted Feb 24th 2010, 12:00am by Charlotte So

    ... billion yuan in capital injections, given that Air China and China Southern Airlines been granted 1.5 billion yuan each this year. Although passenger and cargo demand has rebounded significantly over the past year, with passenger numbers up nearly 20 per cent and cargo up 9.3 per cent year-on-year, profitability is still under pressure from plummeting ticket prices. Moreover, the high ...

  10. Cathay sees first hints of recovery

    Posted Jun 30th 2009, 12:00am by Kandy Wong

    ... Kandy Wong Cathay Pacific Airways chief operating officer John Slosar said there was a first tentative sign of the long-awaited recovery in the aviation industry, but there was still no evidence of a sustained rebound. 'Certainly on the cargo side, we are seeing more consistent demand, especially out of Hong Kong, with pretty good load factors on all but the Pudong and Taipei ...




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