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  1. Slump in global trade idles container ports

    Posted Feb 26th 2009, 12:00am by Toh Han Shih

    ... in the container ports in western Shenzhen and Hong Kong. Modern Terminals is 68 per cent owned by Hong Kong-listed Wharf (Holdings) and 27 per cent owned by China Merchants. 'The Shenzhen government ... Toh Han Shih In Shenzhen's Yantian port, 400,000 containers are sitting empty, a volume that far exceeds the port's designed capacity of 250,000 containers. Across the border ...

  2. AP Moller puts 1.5b yuan into Xiamen terminal deal

    Posted Sep 10th 2004, 12:00am by Annette Chiu

    ... Annette Chiu Netherlands-based port operator AP Moller Terminals has agreed to invest 1.5 billion yuan in a three-berth project in Xiamen. The company yesterday signed a 50-year agreement with Xiamen Port Group, setting up a 50-50 joint venture to develop Xiamen Songyu Container Terminal. 'The dynamic markets of Xiamen and Fujian province, together with Xiamen's strategic ...

  3. Modern Terminals switches to IBM for capacity boost

    Posted Oct 14th 2003, 12:00am by Staff Reporter

    ... it would 'further enhance Modern Terminals' service level when new berths at Container Terminal 9 [CT9] start phasing in'. Mr Christensen said the IT infrastructure would offer ... million teu per year. The operator started its mainland expansion when its joint venture with P&O Ports won a management contract for Shekou Container Terminals Phase 1 in Shenzhen. ...

  4. Cruise ships in HK set to get a whole lot bigger even before Kai Tak's ready

    Posted Apr 10th 2009, 12:00am by Dennis Eng

    ... Dennis Eng A leading Europe-based cruise operator plans to base bigger, more modern liners in the city and may do so as soon as 2011- though they will have to dock at container terminals ... in May next year. Although these ships can dock at Ocean Terminal, bigger liners such as the 105,000 tonne Costa Magica, have to berth at the container port in Kwai Chung or anchor in the middle ...

  5. Port operator looks to recent investments

    Posted May 09th 2005, 12:00am by Staff Reporter

    ... handled 7.2 million teu (20-ft equivalent units) at its mainland terminals last year, an increase of 44 per cent, while throughput at its Hong Kong terminals- it owns a 22 per cent stake in Modern Terminals- rose 13 per cent to 5.6 million teu. Container volume is projected to increase at least 15 per cent this year and to include a hefty contribution from the Shanghai ports' 14 ...

  6. Hutchison gets nod for Yantian project

    Posted Apr 29th 2005, 12:00am by Russell Barling

    ... Russell Barling China's state planners have approved a 12 billion yuan expansion of Hutchison's Yantian International Container Terminals, the busiest terminal complex at South ... the world's largest container terminal operator, has an effective 42.5 per cent stake in Yantian's Phase III. Hutchison rival Modern Terminals on Tuesday confirmed the National Development ...

  7. Campaign to keep bus terminal goes up a gear

    Posted Mar 29th 2010, 12:00am by Chloe Lai

    ... Chloe Lai The Tsim Sha Tsui bus terminal is considered by many to be an ugly, messy blight on the landscape of no historic value. The government believes the public would be better served with a piazza in its place. Leslie Chan Ka-long, 30, and thousands of members of the Our Bus Terminal group are aware of those views but they do not agree. They also know they lack the support ...

  8. Kwai Chung fails to benefit from mainland export boom

    Posted Jan 14th 2004, 12:00am by Russell Barling

    ... Russell Barling Terminals see dismal growth as shippers prefer Shenzhen's cheaper port facilities The record flood of mainland exports last year barely registered a ripple at the main terminals, with shippers opting for the cheaper facilities across the border. Despite a 37 per cent rise in the value of mainland exports last year, terminal operators at Kwai Chung saw throughput ...

  9. CLP plan for LNG receiving terminal doomed, say analysts

    Posted Aug 29th 2008, 12:00am by Denise Tsang

    ... receiving terminal project, analysts said. Taken aback by the agreement yesterday, they expected the arrangement would tarnish CLP's growth prospects already challenged by a sharp cut ... CNOOC's Dapeng Bay LNG terminal in Shenzhen through a submarine pipeline. Meanwhile, green groups expressed high hopes about the deal which they believed would bring better air quality. Friends ...

  10. Business digest

    Posted Jun 03rd 2004, 12:00am by Staff Reporter

    ... approved, according to the Marine Department. Roger Tupper, a department deputy director, said 22 of the ports' 31 facilities- including the main container terminals at Kwai Chung- and 595 ... Hutchison Whampoa's Yantian International Container Terminal remained the busiest facility in Shenzhen, handling 2.26 million boxes during the period, up a comparative 18.7 per cent. ...




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