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  • November 25, 2014
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  1. Retail giants draw on shipping clout

    Posted Apr 02nd 2004, 12:00am by Russell Barling

    ... States. The head of logistics for a mid-sized US retailer, which moved about 40,000 boxes from Asia last year, admitted the firm may lack the clout to fully escape a rate rise this year. 'We ... more to ship Asian-made goods to the United States this year despite carrier claims that transport supply is at a premium on the Pacific, according to senior industry sources. With the new ...

  2. State planners give go-ahead for first phase at Dachan Bay

    Posted Apr 27th 2005, 12:00am by Russell Barling

    ... project has been approved by state planners, paving the way for another entry into the region's increasingly crowded port scene within two years. The first five-berth phase of Dachan Bay, ... at the world's biggest port in the first quarter. 'The future looks more and more crowded. It appears to be a bit of a high-stakes gamble,' said Michael Chan, head of transport research ...

  3. Beijing approves new aviation partnerships

    Posted Sep 01st 2006, 12:00am by Charlotte So, Russell Barling

    ... Decision paves way for Cathay's HK$8b takeover of Dragonair The State Council yesterday approved all elements of Greater China's biggest aviation deal just nine days after ... Airways' HK$8.22 billon takeover of Hong Kong Dragon Airlines will be completed this month along with its joint shareholding purchase with Air China. 'Our head office in Beijing received ...

  4. Import slide may be turning airport into a one-way cargo street

    Posted Jun 10th 2005, 12:00am by Russell Barling

    ... Augmenting the concern is the growing number of flights bypassing Hong Kong and heading directly to the mainland. When the United States and China signed their new bilateral air services agreement ...

  5. New kid on the docks still an outsider

    Posted Jul 30th 2005, 12:00am by Russell Barling

    ... their heads two months later when Singapore's stated-owned PSA International sent valuations through the roof by snapping up batches of minority shares in DPI's new Hong Kong assets. ... is proving you belong there. Almost eight months after Dubai's state-owned DPI Terminals stole the spotlight last year with its audacious late raid for the global port assets of United States ...

  6. Oasis cleared for take-off after winning licence battle

    Posted Dec 01st 2005, 12:00am by Russell Barling

    ... to grant the licences yesterday would appear to give Oasis a head start on Macau-based Viva Macau, which intends to launch a similar brand of low-cost, long-haul services within Asia-Pacific and to Europe and the Middle East. It is also targeting a June launch. Viva Macau, the former Wow! Macau, is understood to have successfully negotiated a sub-concession with state-owned Air Macau ...

  7. Air China confirms freight unit talks on tie-up

    Posted May 30th 2006, 12:00am by Russell Barling

    ... co-operation,' said Rao Xinyu, head of investor relations for Air China. 'On whether or not a merger will be the result, we have no comment.' Xinhua, citing a weekend report in the Economic ... watchers believe the impetus for a closer working relationship between the two state-owned air freight divisions would be coming from China Eastern, which lost 955 million yuan in the first three ...

  8. Cathay flying low as costs and competition drag profits earthwards

    Posted Sep 09th 2005, 12:00am by Russell Barling

    ... to the difficulty budget carriers such as AirAsia, Virgin Blue and Ryanair had in trying to work out a sub-concession with Air Macau, which shares state-owned parent CNAC with Dragonair. 'Three class acts talked and walked in Macau, all shaking their heads,' he said. 'The only guys who know whether a [Cathay-Dragonair] deal will be done in Beijing speak Mandarin, and won't ...

  9. Bonded trucking service to ease flow and costs

    Posted Feb 28th 2006, 12:00am by Russell Barling

    ... group's Modern Terminals, OnePort and Shenzhen customs authorities, will use land controlled by state-owned Shenzhen South-China International Logistics Co (Silc) for the hand-off. The final trial ... of the traffic to be empties and laden boxes heading from Hong Kong up into China,' said OnePort chief executive Saimond Ip. 'In essence, we have changed the border to Silc because [Lok Ma ...

  10. Air China eyes $6.4b in Shanghai IPO

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

    ... - has raised expectations Beijing may soon lift restrictions on domestic share sales, in place since May when listed arms of state-owned firms began floating about US$250 billion in non-tradable ... operating risks.' Rao Xinyu, head of investor relations, said its debt ratio - about 72 per cent - had been falling for the past few years and that the move was driven by future requirements. ...




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