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  • September 22, 2014
  • Last updated: 9:51am
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Results 1 - 10 of 17 for hang seng index

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  1. Business - Economy - SHIPPING

    Asian bulk capesize rates seen falling as ships exceed new cargo volumes

    Posted Jul 11th 2014, 01:31am by Reuters

    ... at US$8,000 per day this week, about 25 per cent higher than the Baltic index level, Fearnley said. Rates for a panamax transpacific voyage closed at a six-week high of US$5,884 per day on Wednesday, ... there were signs of an improvement in rates, Fearnley said in its weekly note. The Baltic Exchange's main sea freight index closed at 863 points on Wednesday, down from 890 a week earlier. ...

  2. Business - Companies - SHIPPING

    Asset sales offer Cosco one method to avoid delisting

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

    ... Jiafu, a prominent figure in the shipping industry who was known as Captain Wei. Shares in China Cosco Holdings have fallen 14.5 per cent this year, compared with a 3.1 per cent drop in the Hang Seng Index. ...

  3. Business - Companies - SHIPPING

    Chairwoman Sabrina Chao steers Wah Kwong Maritime past rocky shoals

    Posted Mar 07th 2014, 11:48am by Charlotte So

    ... the volatile market for dry bulk shipping mauled many of the firm's rivals. The daughter of former film star Lily Chao emerged from her office wearing little make-up, her hair hanging over her ... and the introduction of complex financial tools for shipowners. Wah Kwong relied on an anticyclical strategy when the Baltic Dry Index- used by shipping firms to determine the prices of their cargoes- gyrated ...

  4. Business - Companies - SHIPPING

    Pacific Basin sails into black on dry bulk turnaround

    Posted Feb 28th 2014, 01:10am by Charlotte So

    ... for between 5 per cent and 7 per cent of cargoes carried. Pacific's results were boosted by a recovery in freight rates. The Baltic Dry Index (BDI) sank to 745 points in the first half of 2013, ...

  5. Business - Companies - SHIPPING

    Shipping industry set to emerge from five-year downturn

    Posted Feb 08th 2014, 05:12am by Reuters

    ... of a similar Capesize ship has since eased to about US$56 million, according to Clarkson Research. The Baltic dry index, compiled from a basket of dry bulk freight rates and which traditionally falls ...

  6. Business - China Business - SHIPPING

    Surging orders give shipbuilders hope

    Posted Jan 11th 2014, 01:21am by Charlotte So

    ... cargoes. The recovery in new builds for dry bulk shipping in 2013 was reflected partly in the Baltic Dry Index (BDI), a measure of the average charter rates on dry bulk vessels, which rebounded ...

  7. Business - Companies - SHIPPING

    Increased freight rates start year on high note for container shipping lines

    Posted Jan 07th 2014, 11:14am by Charlotte So

    ... in the week to January 3, according to the latest JPMorgan report, citing the Shanghai Export Container Freight Index. The spot rate from China to the Mediterranean Sea rose 14 per cent week on week, ...

  8. Business - Companies - SHIPPING

    Gnanalingam joins billionaires' ranks

    Posted Oct 04th 2013, 12:00am by BLOOM

    ... in the firm after the share sale is valued at about US$1.2 billion, according to the Bloomberg Billionaires Index. He and his family are also getting about US$350 million from selling some stock. ...

  9. Business - China Business - SHIPPING

    Shanghai port hit by falling container volumes

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

    ... throughput growth in March, April and May, which was in single-digit percentage rates. "Trade is likely to continue to stay slow, as reflected in the sharply deteriorating New Export Order Index [a component of China's purchasing managers' index], which usually leads container volume by one to three months," said Jefferies analyst Liu Boyong. Shanghai's weak ...

  10. Business - Companies - SHIPPING

    Singamas stays hopeful despite profit slump

    Posted Mar 26th 2013, 12:00am by Keith Wallis

    ... and chief executive Teo Siong Seng is hopeful of a revival in fortunes this year, fuelled by growing demand for containers and a rise in average selling prices. "We think demand might pick up ...




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