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  • November 29, 2014
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  1. Landing fee cuts should stay: Iata

    Posted Aug 05th 2003, 12:00am by Annette Chiu, Russell Barling

    ... airlines should be allowed to operate like normal businesses, so that carriers could have the freedom to merge, acquire and go to international financial markets. 'National ownership limits ...

  2. Analysts anticipate Cathay Pacific profit of almost $1b

    Posted Mar 09th 2004, 12:00am by Annette Chiu, Russell Barling

    ... dollar,' Mr Hilton said. 'We also believe the cost reductions they achieved because of Sars will have had a bigger impact on the second half than people expect.' ING Financial Markets ...

  3. Singamas closes in on deals with strategic partners

    Posted Mar 21st 2006, 12:00am by Russell Barling

    ... production of dry freight containers in the second half of this year. The deals have the potential to provide a ready-made market for Singamas' products as well as giving it more financial muscle to compete with state-owned market leader China International Marine Containers. 'The co-operation with China Shipping is at the group level and indicates their strong faith ...

  4. SCL applies to the US for controlled carrier status

    Posted Jul 19th 2003, 12:00am by Russell Barling

    ... carriers largely because, with deep pockets and no shareholders to answer to, they are thought to have greater potential to act in a financially cavalier manner: for instance, by setting freight rates well below market levels to gain market share. Non-controlled carriers, those held by the private sector, have to give 24 hours notice before changing freight rates, giving them greater ...

  5. Officials applaud CT9 milestone

    Posted Jul 23rd 2003, 12:00am by Russell Barling

    ... director of Modern Terminals, gave the government credit for bucking the trend in 1998 to set a land premium which the private-sector found attractive. 'The market was terrible in the wake of the Asian financial crisis, so we were all reluctant takers. But the government set the premium at HK$380 million, which was nothing for six berths and that created interest.' Hongkong ...

  6. OOIL shortlists six bidders for North American assets

    Posted Oct 11th 2006, 12:00am by Russell Barling

    ... The preferred bidders, which were separated into 'strategic' and 'financial' camps, include US-based port owners Stevedoring Services of America (SSA) and Marine Terminals Corp, ... price will end up, about 15 to 20 times [earnings before interest, tax and depreciation],' said a banker close to the deal. 'OOIL's market capitalisation is US$2.5 billion, so ...

  7. Control tops BAA's agenda in mainland investments

    Posted Mar 31st 2006, 12:00am by Russell Barling

    ... billion ($118.04 billion) takeover bid, the biggest airport acquisition in history, from Grupo Ferrovial, a Spanish infrastructure firm with a market capitalisation of Euro9 billion ($84.32 billion). The battle intensified on Wednesday when Australian bank Macquarie joined Ferrovial as a financial adviser, increasing the likelihood that a more aggressive bid was in the cards. ...

  8. One-off gain lifts Jinhui net 74pc

    Posted May 12th 2005, 12:00am by Russell Barling

    ... stable during the quarter,' chairman Ng Siu-fai told the Hong Kong exchange yesterday. 'The iron ore trades continued to drive the market, supported by strong levels of coal ... to shareholders this financial year, and declared an interim dividend of six US cents per share. The group expects its revenue potential to be boosted this year by the addition of five new and second-hand ...

  9. Cosco Pacific nets $6.75b in container sale

    Posted Jun 22nd 2006, 12:00am by Charlotte So, Russell Barling

    ... the deal should in no way be seen as a sign China's biggest shipping firm was losing confidence in the container shipping market. 'It just allows us to run our business as an agent as opposed to a pure owner so that we can decrease our financial commitment [to the container stocks] and trim our exposure to any depreciation that may result,' he said. 'If we stick ...

  10. Mitsui and Baltrans to gain from new strategic alliance

    Posted Jan 11th 2006, 12:00am by Russell Barling

    ... Russell Barling Partnership gives Hong Kong-listed forwarder access to Japanese market Japanese conglomerate Mitsui & Co yesterday appointed Baltrans Holdings as its global trade ... Japanese market. 'We have no doubt this new strategic alliance will bring great benefits to both companies,' Junichi Matsumoto, the chief operating officer of Mitsui's transportation ...




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