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  • August 30, 2014
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Results 1 - 10 of 78 for people's republic of china passport

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  1. 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 ...

  2. Business - China Business - SHIPPING

    Shipbuilder Rongsheng sinks deeper in losses

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

    ... Jing Yang jing.yang@scmp.com Rongsheng's 3b yuan loss in first half bucks recovery trend among mainland competitors Shipmaker sinks into negative territory China Rongsheng Heavy Industries, one of the mainland's largest privately owned shipbuilders, sank deeper into loss despite a budding recovery in the shipping market that helped recoup losses for companies like China ...

  3. Business - Companies - SHIPPING

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

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

    ... JOO, ALPHALINER A copy of the agreement was obtained by the South China Morning Post from a source close to the FMC. 2M was proposed in July, one month after China's Ministry of Commerce ... sharing agreement now commonplace in the container shipping market. It does not fall under the category of "concentration of business operators" defined by China's anti-monopoly law ...

  4. Business - Companies - SHIPPING

    CIMC sees profit rise 87.5pc

    Posted Aug 26th 2014, 11:14am by JING YANG

    ... Jing Yang jing.yang@scmp.com China International Marine Containers (CIMC), the world’s top container manufacturer, reported first-half net profit rose 87.5 per cent year on year ... engineering, including the manufacture of drilling platforms, soared 272.8 percent to 5.7 billion yuan. The company, which is also listed in Shenzhen, has China Merchants Group and China Ocean Shipping ...

  5. 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 ... spokesman Stanley Shen said. The company has the world's 11th-largest container fleet. The company is a major operator in the China-Australia service, with about 25 per cent market share, added ...

  6. Business - China Business - SHIPPING

    US$1.1b tanker joint venture to boost China's energy shipping capacity

    Posted Aug 13th 2014, 01:11am by JING YANG

    ... for the world's top crude consumer to eventually become self-reliant in importing oil through ocean transport. Shanghai-listed and Hong Kong-based China Merchants Energy Shipping (CMES) said in a stock ... forward, any transaction is full of uncertainties and will be highly sensitive for both companies. An alternative would be to set up a tanker pool dedicated to China's crude imports," ...

  7. Business - Economy - SHIPPING

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

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

    ... ships had been chartered by yesterday, mainly to haul iron ore to China from Brazil and Australia. That is half the number that was chartered in the first three days of last week. The broker ... will resist lower rates where they can," the broker said. Freight rates from Australia to China would fall below US$7.50 per tonne and could head towards US$7 per tonne next week, the broker ...

  8. Business - Companies - SHIPPING

    Japanese shipbuilder Kawasaki to construct LNG tankers in China

    Posted Jun 26th 2014, 01:07am by BLOOM

    ... Bloomberg in Tokyo Japanese shipbuilder strives to win market share from South Korean rivals by taking advantage of lower construction costs in China Kawasaki to build LNG tankers in China ... are as much as 20 per cent lower than at Korean yards, Murakami said. The company gained a foothold in China in 1995 by forming a venture with China Ocean Shipping Group in Nantong on the outskirts ...


    France fines Hong Kong shipping firm over top executive’s death

    Posted Jul 03rd 2014, 03:50pm

    ... against the judgment should be considered.” The family of Tung Chee-hwa, Hong Kong’s first leader after China resumed control in 1997, owns about 69 per cent of OOIL ...

  10. News - Asia - SHIPPING

    One Chinese crew dead, eight missing after ships collide near Tokyo

    Posted Mar 18th 2014, 08:41am by Agence France Presse, STEPHEN CHEN

    ... not suffer serious damage, the Seoul-based Dong Young Shipping said. The sea was not believed to be rough at the time of the collision, according to the coastguard. An officer on duty at the China Search and Rescue Centre in Beijing told the South China Morning Post that it had received a briefing about the collision from the Chinese embassy in Japan, and decided not to send a rescue ...




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