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  • November 27, 2014
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Results 1 - 10 of 43 for offshore yuan trading

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  1. FedEx shifts Asian hub to Guangzhou

    Posted Jul 14th 2005, 12:00am by Russell Barling

    ... strategic hub site close to the centre of Asia which will allow us to connect all of the important trading points in Southeast Asia with points in China and the north Pacific,' Mr Smith said in Guangzhou yesterday. 'Over the past 30 years, we've seen the same story. When we open a new hub, trade grows around it.' The Guangdong Provincial Airport Management Group said ...

  2. Shipping lines cash in on mainland trade boom

    Posted Apr 21st 2005, 12:00am by Russell Barling

    ... cent more cargo during the period, or 830,480 20-foot equivalent containers. Intra-Asia trade was particularly robust for OOCL. Average revenue per unit carried in the sector increased ... sales rise 36.6 per cent for the quarter, to 1.98 billion yuan, as the mainland's insatiable appetite for raw materials such as coal and oil continued unabated. Net profit doubled to 829.64 ...

  3. Port executive excels with steely strategy

    Posted Oct 24th 2005, 12:00am by Russell Barling

    ... for the future of port development in southern China. Hong Kong had become the global epicentre for containerised trade and political pork-barrelling had reached fever pitch for Container Terminal 7, ... was still a sketch on a port planner's table, Dr Fu returned to China, having spent the past decade studying offshore engineering and economics at the University College of London and later ...

  4. PSA, Dongguan to fund 1.4b yuan port development

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

    ... PSA Corp have agreed to spend 1.4 billion yuan on a new container terminal at Humen, adding to south China's increasingly busy port scene. The two-berth facility, due to open in 2008, ... dedicated to intra-Asia trade,' said a mainland executive with knowledge of the deal. 'It has the richest cargo hinterland in Guangdong.' The plan calls for a two-berth second phase, ...

  5. Sinotrans plans 500m yuan projects at secondary ports

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

    ... trade-transport activities in China. The listed small-cap firm, which generates about 70 per cent of sales from freight forwarding, saw earnings rise 32.5 per cent to 498.7 million yuan as demand grew ... Russell Barling Sinotrans plans to invest 500 million yuan at secondary ports in the mainland and set up support facilities for the 18 billion yuan Yangshan deepwater development ...

  6. Security levy adds $1b to cost of trade

    Posted Feb 26th 2005, 12:00am by Russell Barling

    ... to the cost of shipping manufactured goods. Port operators in Shenzhen- which include terminals in Yantian, Shekou and Chiwan- from Tuesday will levy a 50-yuan fee on laden containers which they say is necessary to recover the cost of United States-driven initiatives to secure trade against terrorism. Hong Kong's main terminal operators on May 1 will place a similar $50 fee on carriers, ...

  7. China Eastern to spread its wings with 985m yuan deal

    Posted May 14th 2005, 12:00am by Russell Barling

    ... Russell Barling Mainland carrier to acquire 60 jets from parent to tackle foreign competition China Eastern Airlines will pay more than 985 million yuan to complete a long-awaited ... to competition from foreign airline alliances, which has been rising since China's accession to the World Trade Organisation. 'By sharing codes, these alliances enter the [mainland] market ...

  8. Full steam ahead on high seas of trade

    Posted Sep 23rd 2003, 12:00am by Russell Barling

    ... global economic impact of the country's much-needed banking reforms and growing pressure to revalue the yuan, and future trading patterns look less certain. Takashi Saeki, K Line's ... that at best could limit the damage caused earlier that year by one of the more dismal periods in maritime trade-transport history. This year, emboldened by surging demand and comparative 30 per cent ...

  9. Ocean-vessel trade key component of RTT profitability

    Posted Mar 04th 2005, 12:00am by Russell Barling

    ... their attention to the promising river trade. The 10 billion yuan new international port at Nansha is one of several south China facilities looking to the river for additional revenue. 'Hong Kong ... Russell Barling As much as 50 per cent of revenue rides on Monday's outcome of legal battle The $6.5 billion River Trade Terminal (RTT) could turn its first profit within three years ...

  10. Cosco bolsters executive board of Hong Kong unit

    Posted Sep 20th 2003, 12:00am by Russell Barling

    ... venture between Shell and China National Offshore Oil Co, carving an inroad into the lucrative petrochemicals sector. The appointments may also be a warning to its competitors the parent is not ready to surrender its position as the top mainland trade transport company listed in Hong Kong, according to an analyst who covers the stock. 'China Merchants has been aggressively talking ...




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