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  • September 20, 2014
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Results 1 - 10 of 87 for people's republic of china passport

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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

    ... Jing Yang jing.yang@scmp.com China Cosco Holdings has finalised the order of five container ships worth US$618 million at a state-owned shipyard, the company said in a filing to the stock exchange. The latest transaction is part of China Cosco’s plan to renew its fleet, taking advantage of Beijing’s cash rebate scheme for demolishing ageing vessels and the relatively low cost ...

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

    Cosco-Vale deal to end giant ore carrier ban

    Posted Sep 16th 2014, 03:23am by JING YANG

    ... Jing Yang jing.yang@scmp.com Cosco-Vale deal to end giantore carrier ban Beijing's ban on Vale's giant ore carriers has been practically lifted after China Cosco Holdings' ... an official announcement with much fanfare that says the ban is loosened," said an executive at a state-owned port company familiar with the development of iron ore terminals in China. In early ...

    http://www.scmp.com/business/china-business/article/1593491/cosco-vale-deal-end-giant-ore-carrier-ban
  3. 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 ... York and London, both in favour of CIMC, which is also the world’s largest container manufacturer. A CIMC spokesman told the South China Morning Post that the case was “not over” ...

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

    Cosco signs landmark deal with Vale for giant ore carriers

    Posted Sep 13th 2014, 04:47am by JING YANG

    ... Jing Yang jing.yang@scmp.com Cosco signs landmark deal for giant ore carriers China Cosco Holdings has signed a landmark deal with Brazilian miner Vale for the transport of iron ore and the purchase of 14 very large ore carriers, which have been barred from entering mainland ports since early 2012. The two companies had agreed on a contract lasting up to 25 years for China Cosco ...

    http://www.scmp.com/business/companies/article/1591346/cosco-signs-landmark-deal-vale-giant-ore-carriers
  5. Business - Companies - SHIPPING

    All aboard for 4-way battle on sea lanes

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

    ... in an increasingly consolidated industry. France's CMA CGM, Shanghai-based China Shipping Container Lines and Dubai's United Arab Shipping Co confirmed their involvement in the planned Ocean Three ... previously led to the commission allowing effectiveness in the minimum amount of time," FMC commissioner Richard Lidinsky told the South China Morning Post. "After the document is formally ...

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

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

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

    ... 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
  7. 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 ...

    http://www.scmp.com/business/banking-finance/article/1581375/china-merchants-bank-gives-cosco-300m-yuan-credit-line
  8. Business - Companies - SHIPPING

    Greek buyer cancels four ship orders from Rongsheng

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

    ... Jing Yang jing.yang@scmp.com Embattled shipbuilder China Rongsheng Heavy Industries has suffered fresh order cancellations valued at more than US$102 million from a European customer after ... Industries, the main subsidiary of China Rongsheng, to cancel four ice-class Panamax dry-bulk vessels in exchange for the refund of all instalments paid to the builder plus interest, which are valued ...

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

    State Council issues guidelines to reform shipping industry

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

    ... of mainland-owned fleets and urge increased competitiveness of mainland shipping companies, which only carry a quarter of total imports and exports, according to He. Zhang Shouguo, vice chairman of China ...

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

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

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

    ... exporters and terminal operators be put in place. P3 was abandoned after China's Ministry of Commerce barred its formation under the country's anti-monopoly law. Maersk Line and MSC ... it does not fall under the category of "concentration of business operators" defined by China's anti-monopoly law so it does not require approval from the commerce ministry, only ...

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

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