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  • August 1, 2014
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  1. Dalian, Xiamen ports record earnings drops

    Posted Aug 22nd 2009, 12:00am by Toh Han Shih

    ... Toh Han Shih The interim profit of two Hong Kong-listed operators of mainland ports, Dalian Port in the north and Xiamen International Port in the south, suffered heavy double-digit declines owing to the global economic crisis. Dalian Port's net profit fell 49 per cent to 272.17 million yuan (HK$308.8 million) in the first half, although revenue rose 0.9 per cent ...

  2. Xiamen Port to invest 26pc less in venture

    Posted May 05th 2007, 12:00am by Charlotte So

    ... Charlotte So Xiamen International Port said it planned to form a joint venture with Hutchison Port Holdings to invest in a terminal in Xiamen's Haicong port for HK$737.7 million, 26 per cent less than the original proposal. Xiamen Port, which runs the mainland's seventh-largest container terminal, disclosed in its listing document in 2005 that the project would ...

  3. Xiamen port company gets nod for initial float

    Posted Nov 25th 2005, 12:00am by Charlotte So

    ... Charlotte So and Charis Yau Mainland container terminal operator Xiamen International Port yesterday won approval from the listing committee of the Hong Kong stock exchange for an initial public offering that aims to raise between US$100 million and US$150 million. Xiamen's largest port operator plans to take its offer on a marketing tour next week. BNP Paribas Peregrine ...

  4. P&O bidding adds lustre to Xiamen Port offer

    Posted Dec 01st 2005, 12:00am by Charlotte So

    ... Charlotte So The sponsor of Xiamen International Port believes the recent bidding for Peninsular and Oriental Steam Navigation's (P&O) port assets will help spice up interest from international strategic investors in its US$150 million public offering. Fund managers at yesterday's pre-marketing briefing called for a lower valuation of Xiamen Port's proposed mid-teens ...

  5. Xiamen port firm to expand capacity

    Posted Dec 06th 2005, 12:00am by Charlotte So

    ... Charlotte So Listing candidate Xiamen International Port plans to increase the designed capacity of three berths under construction by 16 per cent. The project- a three billion yuan joint venture with Maersk Sealand- would be expanded from its original 2.8 million teu (twenty-foot equivalent units). The company has also been given the option by its parent company Xiamen Port ...

  6. Xiamen offers port holdings

    Posted Oct 28th 2003, 12:00am by Toh Han Shih

    ... Huang Ruixi and Toh Han Shih The municipal government in Xiamen yesterday began offering foreign investors majority stakes in a port passenger terminal as well as related property ... expressed interest in the project. Its sister company, Hutchison Port Holdings (HPH), has invested in a series of cargo ports on the mainland, including one in Xiamen. HPH yesterday denied that one ...

  7. Hedge fund buys into Xiamen Port

    Posted Dec 23rd 2005, 12:00am by Charlotte So

    ... stake in Xiamen International Port, according to filings to the stock exchange. TCI bought 97.78 million shares in the operator of China's seventh-largest port when its shares began trading on Monday, paying $1.393 to $1.394 for each share. The stake is valued at $157.4 million, based on the stock's closing price yesterday. Xiamen Port, which has a joint venture with Hutchison ...

  8. News - China

    Xi visits Trinidad in key trade region

    Posted May 31st 2013, 10:10am by Agence France-Presse in Port of Spain

    ... Joe Biden, who attended a summit with Caribbean leaders in Port of Spain this week. “These are very special and historic times for Trinidad and Tobago,” the island’s communications minister, ...

  9. News - World - HAITI

    Gay couple’s engagement ceremony in Haiti attacked by mobs

    Posted Aug 12th 2013, 11:55am by Agence France-Presse in Port-au-Prince

    ... Agence France-Presse in Port-au-Prince A British man and his Haitian partner were attacked by dozens of locals who threw petrol bombs and rocks at the couple’s private engagement ceremony, police said on Sunday. Several people were injured, two cars were set ablaze and windows were smashed at the residence where the ceremony took place in Port-au-Prince late on Saturday. Police ...

  10. News - China

    China bus fire that killed 47 may be arson

    Posted Jun 08th 2013, 09:10am by Associated Press in Beijing

    ... Associated Press in Beijing A fire that gutted a commuter bus, killing 47 and injuring dozens more during rush hour in a port city in southeastern China, appears to have been deliberately set, state media quoted investigators as saying on Saturday. The fire ripped through the bus during the Friday evening commute while it traveled on an elevated road in Xiamen city. A local fire ...




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