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  • September 21, 2014
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Results 1 - 10 of 81 for international trade

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  1. Business - China Business - SHIPPING

    China Cosco Holdings buys 5 container ships for US$618m

    Posted Sep 18th 2014, 02:35pm by JING YANG

    ... carriers and five 9,400 teu container ships. China Cosco said it plans to finance the latest orders, to be built by Shanghai Jiangnan-Changxing Shipbuilding Company, with internal resources ... Both K Line and China Cosco, through its subsidiary Cosco Container Lines, are members of the CKYHE alliance that co-operates on east-west trade lanes. The three other partners are Yang Ming ...

    http://www.scmp.com/business/china-business/article/1595352/china-cosco-holdings-buys-5-container-ships-us618m
  2. Business - Companies - SHIPPING

    CIMC declares another win in battle against Brazil’s Schahin

    Posted Sep 19th 2014, 12:47pm by Jing Yang and Benjamin Robertson

    ... Jing Yang and Benjamin Robertson China International Marine Containers has declared another victory in its legal battle against Brazilian-based Schahin Group over US$208 million in arrears for the construction of two oil-drilling rigs three years ago. CIMC Raffles, a subsidiary of Hong Kong- and Shenzhen-dual listed CIMC, won two interim awards from the London Arbitration Tribunal that enabled ...

    http://www.scmp.com/business/companies/article/1595935/cimc-declares-another-win-battle-against-brazils-schahin
  3. Business - Companies - SHIPPING

    Maersk-MSC tie-up approval may run to late 2014

    Posted Sep 02nd 2014, 12:38am by JING YANG

    ... November but with additional conditions attached. Marketed as 2M, Copenhagen-based Maersk Line and Geneva-based MSC plan a vessel-sharing agreement for seaborne trade that straddles Europe, the US ... then came back with the 2M alliance, which involves a total of 185 vessels with a capacity of 2.1 million teu (twenty-foot equivalent units) on 21 trade routes. The reasons for the close scrutiny ...

    http://www.scmp.com/business/companies/article/1583295/maersk-msc-tie-approval-may-run-late-2014
  4. Business - Companies - SHIPPING

    Three global shipping lines form alliance serving Asia, Europe and US

    Posted Sep 10th 2014, 04:05am by JING YANG

    ... in major alliance Three of the world's largest container shipping lines are forming an alliance that will cover major trade lanes between Asia, Europe and the United States in another move shaping the global container trade into a battleground of four large consortiums. France's CMA CGM, Shanghai-based China Shipping Container Lines and Dubai-based United Arab Shipping Co said ...

    http://www.scmp.com/business/companies/article/1589011/three-global-shipping-lines-form-alliance-serving-asia-europe-and
  5. Business - Companies - SHIPPING

    All aboard for 4-way battle on sea lanes

    Posted Sep 11th 2014, 06:02am by JING YANG

    ... Jing Yang jing.yang@scmp.com The fight for share of seaborne container trade gets more complicated as players form pacts, with Ocean Three the latest to pose challenge All aboard for 4-way battle on sea lanes The competitive landscape of the world's seaborne container trade is becoming more perplexing with the proposed formation of Ocean Three, the fourth shipping alliance ...

    http://www.scmp.com/business/companies/article/1589745/all-aboard-4-way-battle-sea-lanes
  6. Business - Companies - SHIPPING

    Four container shipping lines team up to serve North East Asia-Oceania

    Posted Aug 26th 2014, 01:10am by JING YANG

    ... (OOCL), Shanghai-based China Shipping Container Lines, Singapore's Pacific International Lines (PIL), and France's CMA CGM are running a service departing from Shanghai to North East ... in container shipping with joint services, slot exchanges and vessel sharing agreements on various trade lanes, especially in all major trades, including intra-Asia trades, are very common," OOCL ...

    http://www.scmp.com/business/companies/article/1580706/four-container-shipping-lines-team-serve-north-east-asia-oceania
  7. Business - Companies - SHIPPING

    Greek buyer cancels four ship orders from Rongsheng

    Posted Sep 04th 2014, 06:37pm by JING YANG

    ... of which 1.2 billion yuan was for refunded down payments, interest and penalties resulting from order cancellations. Trading in Rongsheng’s shares has been halted since Friday, pending the release ...

    http://www.scmp.com/business/companies/article/1585193/greek-buyer-cancels-four-ship-orders-rongsheng
  8. Business - Companies - SHIPPING

    Maersk, MSC file plan with US commission on proposed tie-up

    Posted Aug 29th 2014, 01:14am by JING YANG

    ... authorities in a bid to clear the only regulatory hurdle on the way to a tie-up that could reshape the container trade landscape in the next decade. Copenhagen-based Maersk Line and Geneva's Mediterranean Shipping Company (MSC) submitted their 10-year agreement known as 2M with the US Federal Maritime Commission (FMC) on Wednesday local time. The scope of the deal will straddle trade routes ...

    http://www.scmp.com/business/companies/article/1581602/maersk-msc-file-plan-us-commission-proposed-tie
  9. Business - China Business - SHIPPING

    State Council issues guidelines to reform shipping industry

    Posted Sep 04th 2014, 01:09am by JING YANG, Ray Chan

    ... most mainland shipping companies sailing international routes have shunned the homeland, setting up operational bases in low-taxed jurisdictions and flying their vessels with foreign flags, ... economical, green, efficient and modern maritime system with international competitiveness". ...

    http://www.scmp.com/business/china-business/article/1584738/state-council-issues-guidelines-reform-shipping-industry
  10. Business - China Business - SHIPPING

    Shipbuilder Rongsheng sinks deeper in losses

    Posted Aug 29th 2014, 11:44am by JING YANG

    ... cent to 340.6 million yuan as orders dried up. The shipbuilder delivered five vessels and cancelled eight contracts in the reporting period. Rongsheng shares were suspended from trading ...

    http://www.scmp.com/business/china-business/article/1581664/shipbuilder-rongsheng-sinks-deeper-losses

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