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  • April 18, 2014
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  1. News - Asia - SHIPPING

    One Chinese crew dead, eight missing after ships collide near Tokyo

    Posted Mar 18th 2014, 08:41am by Agence France Presse, STEPHEN CHEN

    ... not suffer serious damage, the Seoul-based Dong Young Shipping said. The sea was not believed to be rough at the time of the collision, according to the coastguard. An officer on duty at the China Search and Rescue Centre in Beijing told the South China Morning Post that it had received a briefing about the collision from the Chinese embassy in Japan, and decided not to send a rescue ...

    http://www.scmp.com/news/china/article/1451358/nine-chinese-missing-after-cargo-ships-collide-japan
  2. Business - Commodities - SHIPPING

    Pacific Basin sees brighter prospects in second half of 2014

    Posted Mar 06th 2014, 10:36am by Charlotte So

    ... this year. China is now a colossus in the global market for soya beans, used extensively for food and crushed for edible oil, and as animal feed. The United States Department of Agriculture projected total soya bean imports by China in the 2013-14 season at 68.5 million tonnes. This was expected to surge to 72.8 million tonnes in 2014-15, accounting for nearly two-thirds of world soya bean ...

    http://www.scmp.com/business/commodities/article/1441632/pacific-basin-sees-brighter-prospects-second-half-2014
  3. Business - Companies - SHIPPING

    Chairwoman Sabrina Chao steers Wah Kwong Maritime past rocky shoals

    Posted Mar 07th 2014, 11:48am by Charlotte So

    ... A-levels in a boys' boarding school," she told the South China Morning Post. Hong Kong could be a maritime hub positioned right between London and Oslo SABRINA CHAO After graduating from ...

    http://www.scmp.com/business/companies/article/1442497/chairwoman-sabrina-chao-steers-wah-kwong-maritime-past-rocky
  4. Business - Companies - SHIPPING

    Pacific Basin sails into black on dry bulk turnaround

    Posted Feb 28th 2014, 01:10am by Charlotte So

    ... into China this year. Analysts said the company expanded aggressively by acquiring 43 vessels last year, which could boost results this year.   ...

    http://www.scmp.com/business/companies/article/1436727/pacific-basin-sails-black-dry-bulk-turnaround
  5. Business - China Business - SHIPPING

    Hong Kong port loses out to bigger berths in Shenzhen

    Posted Feb 13th 2014, 01:24am by Charlotte So

    ... after P3 was up and running. "The number of calls to Shekou will increase according to the new rotations deployed by P3," said David Deng, a vice-president of China Merchants Holdings ... alliance, which has yet to be approved by mainland China, European Union and the United States, is likely to have a 37 per cent share of the Asia-Europe trade and 24 per cent of the transpacific ...

    http://www.scmp.com/business/china-business/article/1426759/hong-kong-port-loses-out-bigger-berths-shenzhen
  6. Business - Companies - SHIPPING

    Shipping industry set to emerge from five-year downturn

    Posted Feb 08th 2014, 05:12am by Reuters

    ... rates will also rise as fleet growth is slowing, while strategic oil reserve projects in China and India should boost already solid Asian demand. The recovery will bring some respite to shipping ... of the pick-up will be China's continued urbanisation and falling iron ore prices, experts say, which should support import growth even though the commodities super-cycle that drove a 2003-2008 boom ...

    http://www.scmp.com/business/companies/article/1423427/shipping-industry-set-emerge-five-year-downturn
  7. Business - Companies - SHIPPING

    Increased freight rates start year on high note for container shipping lines

    Posted Jan 07th 2014, 11:14am by Charlotte So

    ... as an earlier Lunar New Year, which occurs at the end of January this year, helped drive rush orders. Spot rates on the China-Europe route rose 17 per cent week on week, or 39 per cent year on year, in the week to January 3, according to the latest JPMorgan report, citing the Shanghai Export Container Freight Index. The spot rate from China to the Mediterranean Sea rose 14 per cent week on week, ...

    http://www.scmp.com/business/companies/article/1399657/increased-freight-rates-start-year-high-note-container-shipping
  8. Business - China Business - SHIPPING

    Surging orders give shipbuilders hope

    Posted Jan 11th 2014, 01:21am by Charlotte So

    ... from as low as 735 points to shoot over 2,300 last year. The BDI was down 2.6 per cent to 1,826 points on January 8. The increase in iron ore and coal shipments to China helped stoke ...

    http://www.scmp.com/business/china-business/article/1402654/surging-orders-give-shipbuilders-hope
  9. Business - China Business - SHIPPING

    Shenzhen port chiefs bid to lure container shipping lines from Hong Kong

    Posted Nov 25th 2013, 03:52am by Anita Lam

    ... Anita Lam anita.lam@scmp.com Port chiefs advise big foreign carriers to skip Hong Kong, threatening transshipment trade Shenzhen tries to lure container lines from HK Port authorities in Shenzhen are working aggressively to persuade foreign carriers to sk ...

    http://www.scmp.com/business/china-business/article/1364806/shenzhen-port-chiefs-bid-lure-container-shipping-lines-hong
  10. Business - China Business - SHIPPING

    China demand for logs boosts rates

    Posted Sep 18th 2013, 12:00am by BLOOM

    ... Bloomberg in London Mainland demand for logs boosts rates Shipments of logs are growing as the mainland builds the most property in at least a decade, adding to record commodity cargoes that are making the merchant fleet's smallest ships profitable f ...

    http://www.scmp.com/business/china-business/article/1311931/china-demand-logs-boosts-rates

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