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  • July 30, 2014
  • Last updated: 1:42am
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  1. Business - Economy - SHIPPING

    Tenth Hong Kong container terminal, costing HK$100b, may not be financially viable, consultants say

    Posted Dec 02nd 2013, 05:23am by Anita Lam

    ... terminal thrown in doubt A tenth Hong Kong container terminal costing close to HK$100 billion is unlikely to be financially viable, according to a consultancy report due out next month. With only modest growth expected in the cargo business for the decade from 2020, it says the government should make better use of the 100,000 hectares of land at the Kwai Chung Container Terminal in Tsing ...

  2. Business - Companies - SHIPPING

    CSCL unit buys 24pc stake in terminal in Belgium

    Posted Mar 15th 2013, 12:00am by Keith Wallis

    ... Keith Wallis keith.wallis@scmp.com CSCL unit buys 24pc stake in terminal in Belgium China Shipping Terminal Development will make its first terminal investment in Europe after agreeing to buy a 24 per cent stake in APM Terminals Zeebrugge in Belgium. The move came six months after the firm, which is wholly owned by China Shipping Container Lines, expressed interest in taking ...

  3. Business - Companies - BUSINESS

    Li Ka-shing sells bulk share of port terminal to mainland shipping giants

    Posted Mar 13th 2014, 08:15pm by Charlotte So

    ... busiest container terminal. The city's dock strike last year prompted shipping lines to divert cargoes to Shenzhen and most have not returned. Li, Asia's richest man, gave a downbeat ... of Asia Container Terminals, the operator of T8 West, from DP World terminals. Talks between HPHT and Cosco Pacific began in June after operations in Li's Hong Kong International Terminals ...

  4. Business - Companies - LOGISTICS

    Cosco Pacific container throughput up 10pc as interim profit triples

    Posted Aug 28th 2013, 12:00am by Charlotte So

    ... one-off gain from the disposal of a container manufacturing unit. Profit at its terminal business dropped 5 per cent year on year to US$92.8 million on an increase in tax and losses at its new port in Xiamen. Container throughput grew 9.7 per cent in the first half from the same period last year. The 40-day strike at Hong Kong Kwai Tsing Terminal in the first half dented the profit ...

  5. 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

    ... international carriers have diverted hundreds of thousands of boxes a month away from Kwai Chung Container Terminals. One port operator in Shenzhen, requesting anonymity, said other ports and shipping lines feared they might lose out if they did not adopt the same practice. Alan Lee Yiu-kwong, chairman of the Hong Kong Container Terminal Operators Association, said they had raised the issue ...

  6. Business - Companies

    DP World sees falling container volumes

    Posted Aug 01st 2013, 12:00am by Bloomberg

    ... in Europe and Asia-Pacific. Volumes fell 5.8 per cent to 26.6 million twenty-foot equivalent units (teu) across DP World's group of container terminals because of "challenging market ... multimodal port terminal. Embraport is being built next to Porto de Santos, Brazil's biggest container terminal. DP World has also invested in the London Gateway, a deep-sea container port ...

  7. Business - Commodities - COMMODITIES

    Macquarie takes full control of US terminals business

    Posted Jul 09th 2014, 05:20am by Bloomberg

    ... Bloomberg in Sydney Australian group buys rest of firm it does not already own as it eyes commodities expansion Macquarie takes controlof US terminals business Macquarie agreed to take full control of a US bulk liquid terminals operation as Australia's largest investment bank expands its commodities and North American businesses. Macquarie Infrastructure, which owns ...

  8. Business - Economy - LOGISTICS

    Call for cut in operator numbers at Kwai Chung

    Posted Nov 09th 2012, 12:00am by Keith Wallis

    ... in port operator numbers The number of port operators at Kwai Chung container terminal should be reduced if Hong Kong port is to maintain its operating efficiencies after the introduction of ultra-large container ships, a senior Hutchison executive said yesterday. Eric Ip, the deputy managing director of Hutchison Port Holdings, said having five terminal operators at Kwai Chung ...

  9. Business - Companies

    Singapore's PSA wins tender to buy stake in major Jiangsu port

    Posted Nov 06th 2013, 04:54am by Anita Lam

    ... efforts to expand in China. It already has 37 berths in seven terminals across five cities. Recently, it invested in the country's gateway port of Fujian Jiangyin International Container ... Anita Lam anita.lam@scmp.com The Singaporean company wins bid to buy stake in major Jiangsu container port Tender win strengthens PSA's China portfolio Singapore's PSA ...

  10. Business - China Business - SHIPPING

    Shanghai port hit by falling container volumes

    Posted Jul 04th 2013, 12:00am by Toh Han Shih

    ... is because of the strike," said Liu. A strike occurred at Kwai Tsing container terminals from March 28 to May 9. ... Toh Han Shih hanshih.toh@scmp.com Decline blamed on weak Western demand, as Hong Kong also suffers fall Shanghai port hit by falling container volumes Container throughput in Shanghai, ...




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