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  • October 21, 2014
  • Last updated: 2:01pm
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  1. Business - China Business - SHIPPING

    China to partner with Carnival and Italian shipyard on first cruise ship

    Posted Oct 15th 2014, 01:02pm by Reuters

    ... vessels. It has also encouraged yards to venture into building higher-technology vessels, such as offshore equipment. CSSC, one of China’s top two state-owned shipbuilding firms, has shares listed ...

  2. Business - China Business - SHIPPING

    China Merchants Energy Shipping deal raises hope for Valemax return to Chinese waters

    Posted Sep 27th 2014, 05:32am by JING YANG

    ... and therefore shipping costs are higher than from Australia has certainly been a deterrent," said Ralph Leszczynski, Singapore-based research director at Italian shipbroker Bancosta. "For ...

  3. News - Hong Kong - SHIPPING

    Life at sea beckons for city's young and educated

    Posted Jan 06th 2013, 12:00am by Keith Wallis

    ... Keith Wallis keith.wallis@scmp.com Youngsters are opting to be trained in seafaring, but some shipowners balk at hiring newbies Life at sea beckons for young and educated After years ... of cadets only turns them off the career." Youngsters usually start a seafaring career with a two-year higher diploma in maritime studies. Those who graduate typically go on board a ship ...

  4. Business - Economy - SHIPPING

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

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

    ... stockpiles at Chinese ports topped 114.8 million tonnes in June, 57 per cent higher than last year, the China Iron and Steel Association said in research published this week, even as iron ore imports ... 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, ...

  5. Business - Money - SHIPPING

    Exporters face delays and higher costs at US ports

    Posted Sep 14th 2012, 12:00am by Keith Wallis

    ... Keith Wallis keith.wallis@scmp.com Dock strike during peak shipping season before Christmas may see cargo being held up and shippers imposing extra fees Exporters face delays and higher costs at U.S. ports Exporters face delayed cargo shipments and higher freight charges if dockworkers at US Gulf and east coast ports take industrial action in the coming weeks over new labour ...

  6. Business - Companies - SHIPPING

    Exporters predicts more increases as Maersk orders higher box charges

    Posted Sep 01st 2012, 12:00am by Keith Wallis

    ... Keith Wallis keith.wallis@scmp.com Exporters and cargo owners expect more rate hikes as Maersk confirms it will raise its box rates on November 1 on key trade lanes Freight rates continue to rise Exporters and cargo owners will see a further round of frei ...

  7. Business - Commodities - SHIPPING

    Pacific Basin sees brighter prospects in second half of 2014

    Posted Mar 06th 2014, 10:36am by Charlotte So

    ... of construction products. New Zealand's Ministry for Primary Industries revised higher its forest product exports for 2014-15 to NZ$5.3 billion (HK$34.8 billion) from the original forecast of NZ$4.4 ...

  8. Business - Companies - SHIPPING

    Hong Kong warned fuel slug may turn lines away

    Posted Nov 18th 2013, 11:58am by Anita Lam

    ... Anita Lam anita.lam@scmp.com Shipping firms seek extension of subsidies for switch to cleaner marine fuel, saying a new law will widen the cost divide with Shenzhen HK warned fuel slug may turn lines away Ships calling at Hong Kong will face higher costs when legislation requiring vessels to switch to cleaner marine fuel upon berthing is passed next year. Some carriers may, ...

  9. Business - Companies - SHIPPING

    Sinotrans sees shipping recovery as profit increases

    Posted Aug 23rd 2013, 12:00am by Charlotte So

    ... are with higher margin but an area we are not good at right now." Sinotrans also runs a joint venture with DHL providing international express services on the mainland. The number of packages ...

  10. Business - Companies - SHIPPING

    Maersk confident on outlook for emerging markets

    Posted Aug 20th 2013, 12:00am by BLOOM

    ... scale back the stimulus that has underpinned demand for higher-yielding securities. The sell-off in emerging markets assets also followed a collapse in China's export gains in May. Since ...




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