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Results 1 - 10 of 1894 for eastern harbour tunnel

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  1. Eastern Harbour Tunnel charges to jump by two-thirds

    Posted Mar 12th 2005, 12:00am by Elaine Wu

    ... Elaine Wu and Chandra Wong Eastern Harbour Tunnel tolls will rise dramatically from May 1, sparking immediate government warnings of worsening traffic congestion. The increases, the second ... . Legco transport panel chairman Lau Kong-wah said: 'As the economy is yet to fully recover, a massive increase must cause a major burden to drivers. Those who use the Eastern Harbour Tunnel ...

  2. Tunnel owner denies plans for toll rise

    Posted May 09th 2008, 12:00am by Staff Reporter

    ... Jonathan Tam There are no plans for toll increases at the Eastern Harbour Tunnel and the Western Harbour Tunnel, a shareholder of the two privately owned tunnels said. Larry Yung Chi-kin, chairman of Citic Pacific, which owns the eastern tunnel and a 35 per cent stake in the western tunnel, said there was no rise on the company's agenda. Expensive tolls at the two harbour ...

  3. Corrections & clarifications

    Posted Sep 28th 2010, 12:00am by Staff Reporter

    ... In yesterday's front-page story 'Drivers could be spared Eastern crossing toll rise' it was stated that Citic Pacific is the largest shareholder in the Western Harbour Tunnel and that it also has stakes in the Eastern Harbour Tunnel. It should have stated that Citic Pacific is the largest shareholder of the Eastern Harbour Tunnel and also has stakes ...

  4. Bite the bullet on tunnel tolls

    Posted Jul 03rd 2011, 12:00am

    ... Once again, users of the cross-harbour tunnels face the prospect of dearer tolls. Those using the Eastern Harbour Tunnel have been spared a 40 per cent increase for now because ... 2 and 12 per cent approved for major public transport operators recently. But more importantly, the increase is likely to worsen congestion at the Cross-Harbour Tunnel if the eastern one becomes ...

  5. No discounts, says tunnel firm

    Posted May 04th 2005, 12:00am by Dennis Eng, Elaine Wu

    ... Dennis Eng, Elaine Wu and Cheung Chi-fai The Eastern Harbour Tunnel operator yesterday ruled out offering discounts despite traffic volume dropping up to 46 per cent a day since it raised ... the tunnel's market share with its two rivals was a better way to measure its performance. The eastern tunnel's market share on Sunday and Monday fell from 26 per cent to 20 per cent on both days, ...

  6. Operators governed by different rules on raising tolls

    Posted Mar 18th 2005, 12:00am by Joseph Lo

    ... Joseph Lo The Western Harbour Tunnel Company is allowed to automatically increase tolls each year- but only if government audits find revenue for the year is lower than the amount contractually allowed. This contrasts with the Eastern Harbour Tunnel, for which a more complicated application procedure to increase tolls is required, involving approval from the Transport Advisory ...

  7. Fight looms over toll rise for tunnel

    Posted Jun 22nd 2011, 12:00am

    ... Anita Lam anita.lam@scmp.com Drivers will be cushioned from a 40 per cent toll rise at the Eastern Harbour Tunnel for now, but what comes next could prove to be a lot more expensive. ... because their toll rise plan has been delayed for a year,' Mak said. As for an earlier proposal to raise tolls for the Cross-Harbour Tunnel and cut them by the same amount for the Eastern ...

  8. Corrections & clarifications

    Posted Aug 20th 2010, 12:00am by Staff Reporter

    ... We stated in our editorial 'Waiting won't solve city traffic woes' on page A10 on August 14 that the Eastern Harbour Tunnel can adjust toll fees without government approval. In fact, any adjustment must be by agreement between the tunnel company and the Chief Executive in Council or through arbitration. ...

  9. Tunnel boss won't delay toll hike

    Posted Apr 23rd 2005, 12:00am by Elaine Wu

    ... Elaine Wu The operator of the Eastern Harbour Tunnel rejected lawmakers' requests yesterday to delay next month's toll increase, saying that a longer wait would mean bigger fees ... are not taking up your corporate responsibility.' The Environment, Transport and Works Bureau has put forward 12 options for avoiding further congestion at the rival Cross-Harbour Tunnel once ...

  10. Tunnel deal loophole lets firm raise tolls despite profits

    Posted Oct 26th 2007, 12:00am by Anita Lam

    ... to the operator.' The legislator said the government should regain ownership of the four privately owned tunnels - Tai Lam, Eastern Harbour, Western Harbour, and Tate's Cairn - to rationalise tolls and use. Despite a continued increase in users, the operator of the Western Harbour Tunnel asked for a toll rise in July after seeing an 8 per cent drop on projections for its net operating profit ...




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