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  • September 18, 2014
  • Last updated: 6:28pm
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  1. 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 ...

  2. 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 ...

  3. News - China - DRUG SMUGGLING

    Chinese police seize US$6.5 million worth of cocaine in shipping container after US tip-off

    Posted Aug 29th 2014, 04:45pm by Agence France-Presse in Beijing

    ... Police – who are cracking down on drugs as part of a wider war on excess – were tipped off about a suspect shipping container from Peru by US Drug Enforcement Administration officials, the official news agency Xinhua said. “By analysing phone messages and emails of a Mexican drug cartel member who had been murdered, the DEA said the container would arrive in Shanghai on August 18, ...

  4. Yangtze trade link faces hitch

    Posted Nov 07th 2011, 12:00am

    ... of multimodal networks has placed a huge burden on costs and efficiency. The railway containers venture is building a network of 18 container terminals at strategic locations, with depots in Shenzhen, Guangzhou, Beijing, Ningbo and Shenyang among the nine terminals due to open next year. DB Schenker, an offshoot of the German railway company, is also due to launch a daily rail container service ...

  5. News - Hong Kong - PORTS

    Terminal operator seeks court order to end strike

    Posted Apr 01st 2013, 12:00am by Johnny Tam

    ... Johnny Tam johnny.tam@scmp.com Terminal operator seeks court order to end strike A port operator at the Kwai Tsing Container Terminals is seeking an injunction to force hundreds of dockers ... to continue the strike until their demands were met. Gerry Yim Lui-fai, managing director of Hongkong International Terminals, which operates five of the nine terminals, said: "I've signed ...

  6. Business - Companies - SHIPPING

    Maersk-MSC tie-up approval may run to late 2014

    Posted Sep 02nd 2014, 12:38am by JING YANG

    ... of P3. CMHI last week reported throughput fell 7.4 per cent at Shekou Container Terminal in the first half, compared to a 0.7 per cent dip in Shenzhen ports during the same period. "We ... between Maersk Line and Mediterranean Shipping Company (MSC), the world's two largest container shipping lines, is likely to obtain the only antitrust clearance it needs from the US by late ...

  7. OOCL's terminal expansion moves ahead in Long Beach

    Posted Jan 25th 2012, 12:00am

    ... on a new container terminal at the west coast US port. The deal was approved by commissioners on the finance and administration committee in a meeting in Long Beach on Monday afternoon. A spokesman ... in principle last Thursday to sign the lease, after 12 months of talks. Under the plan, the port would spend US$1.2 billion to merge two existing container terminals into a 122 hectare terminal complex ...

  8. Container lines plan to boost westbound rates

    Posted Nov 05th 2009, 12:00am by Charlotte So

    ... Charlotte So Shipping lines including Orient Overseas Container Lines and Cosco Container Lines plan to raise rates on their westbound transpacific routes next month in an attempt to reverse hefty losses. The freight rates for a 20-foot equivalent unit (teu) container shipped from the ports of Los Angeles and Long Beach would increase US$80 from December 1, according ...

  9. Container volumes up despite fears

    Posted May 24th 2012, 12:00am

    ... comments came as Maersk Group, which has interests in container and tanker shipping, drilling and container terminals, posted a net profit of US$1.2 billion in the first quarter, up 1 per cent year ... cent to 17.3 million teu (20-foot equivalent units) in the first three months of this year. Cosco-HIT Terminals in Hong Kong saw container volumes rise 5.9 per cent to 1.6 million teu, while ...

  10. News - China Insider - LABOUR

    Strike by container truck drivers brings Ningbo road to a standstill

    Posted Aug 21st 2014, 09:28pm by Chris Luo

    ... Chris Luo chris.luo@scmp.com Hundreds of container truck drivers in the coastal city of Ningbo went on strike for three days as they complained that transportation fees have not increased for eight years. The strikers have been staging demonstrations on a major road since Monday and have attempted to stop the passing container trucks near Beilun port, south of Shanghai. Striking ...




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