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  • August 30, 2014
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  1. Business - Companies - PORTS

    Port operator China Merchants sees first-half profit rise 11.1pc

    Posted Aug 28th 2014, 01:00pm by JING YANG

    ... up 2.6 per cent to 181 million tonnes. The company said it expected the growth could be sustained for the rest of the year. Its bonded logistics and cold-chain operations saw earnings before ...

  2. Business - Banking & Finance - SHIPPING

    China Merchants Bank gives Cosco 300m yuan credit line

    Posted Aug 28th 2014, 09:05am by JING YANG

    ... Jing Yang jing.yang@scmp.com China Merchants Bank is granting a 300 million yuan (HK$378 million) credit line to its second-largest shareholder, China Ocean Shipping (Group) Co (Cosco), the lender said in a statement to the Shanghai Stock Exchange. The credit facility is valid for three years to the company and its subsidiaries. Cosco is China’s largest shipping and logistics ...

  3. Business - China Business

    China Merchants eyes deals in logistics

    Posted Jan 14th 2014, 01:41am by Charlotte So

    ... Charlotte So charlotte.so@scmp.com China Merchants eyes deals in logistics China Merchants Group will take advantage of merger and acquisition opportunities in the mainland's fragmented logistics and infrastructure sector as local governments deleverage, said the company's chairman, Fu Yuning. "There will be lots of mergers and acquisitions in the logistics ...

  4. News - China - CONTROVERSY

    Red Cross admits illegally renting out warehouse space in Beijing district

    Posted Aug 20th 2014, 06:34pm by Alice Yan

    ... undercover investigation, said there were no quilts, tents, buckets or other disaster-relief materials in storage. Instead, many workers dressed in uniforms bearing logistics companies’ names moved ... agreement” that allowed Zhongxun Yuhua to lease storage space in the warehouse, and it then sublet the space to logistics companies, including the international courier company DHL, the report said. ...

  5. Business - China Business - LOGISTICS

    Truck drivers' strike disrupts operations at Ningbo Port

    Posted Aug 23rd 2014, 01:06am by Reuters

    ... and a logistics firm said yesterday the action was disrupting operations at the world's sixth-busiest port. In a statement on its official microblog account, Ningbo Port said the strike had started ... thousand, who clashed with police. The Hong Kong-based workers rights group China Labour Bulletin said it involved as many as 10,000 truckers. Bonnie Xu, station leader for Ningbo at logistics firm ...

  6. Property - Hong Kong & China - CONCRETE ANALYSIS

    Private capital to continue to play a big role this year

    Posted Mar 04th 2014, 03:06pm by RYAN LEVINE

    ... growth, logistics players to outperform and large, well-pedigreed fund managers to improve performance. Last year, public stock traded at relatively unattractive pricing compared to historical ... this year. Developers and companies that understand how to properly market themselves to the private investor community will benefit from these trends. Logistics emerged last year as the second most ...

  7. Property - Hong Kong & China - E-COMMERCE

    E-commerce boom to drive up prices of warehouses, logistic properties: analysts

    Posted Jan 08th 2014, 12:17pm by Langi Chiang

    ... for logistics firms Undersupply of land and demand from booming e-commerce will steadily drive up the cost of logistics properties on the mainland, pushing warehouses to cheaper locations in the next few years, industry analysts say. The logistics industry is being promoted as a key plank of the economy under the central government's plans to make trade more efficient. But local ...

  8. Business - Commodities - INVESTIGATIONS

    CWT Commodities considers legal action amid Qingdao port probe

    Posted Aug 19th 2014, 01:27am by CHIM SAU-WAI

    ... on the matter. Qingdao Port International, the Hong Kong-listed vehicle of the third-largest port in China, confirmed on Friday night  that it is being sued  by Pacorini Logistics, the metals warehousing ... legal action against the port operator. One of them said all goods shipped by Qingdao Hongtu Logistics, the shipment agency with ties to Singaporean national Chen Jihong who is at the centre ...

  9. News - China - DEVELOPMENT

    Plans for 400 million to move to cities face logistical and financial hurdles

    Posted Dec 17th 2013, 10:14am by MANDY ZUO

    ... Mandy Zuo mandy.zuo@scmp.com Plans for big migration from rural areas over next decade may cause funding and logistical problems for urban authorities, analysts say Moving 400 million to cities won't be easy Plans to allow more people from rural areas to move to the cities- where they can get better healthcare, education and social services- will present massive logistical ...

  10. News - World

    UK military discussing 'logistical support' with France for Central African Republic mission

    Posted Dec 06th 2013, 12:58am by AP

    ... LONDON (AP) — UK military discussing 'logistical support' with France for Central African Republic mission. ...




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