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  • October 22, 2014
  • Last updated: 6:24pm
Hong Kong




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Results 1 - 10 of 11 for rental expense

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  1. 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

    ... the company to collect US$105 million in principals, interest and legal expenses, CIMC said in a stock exchange filing. The latest rulings followed two early ones made by arbitration tribunals in New ...

  2. Business - Companies - SHIPPING

    Hong Kong urged to act on port congestion as pressure builds for more capacity

    Posted Mar 10th 2014, 05:59am by Charlotte So

    ... and the National Day holidays. Shipping companies are leery of charges piling up due to demurrage, the expense the owner of a ship or the charterer will pay for failure to load or discharge a vessel ...

  3. Business - Companies - SHIPPING

    Hong Kong warned fuel slug may turn lines away

    Posted Nov 18th 2013, 11:58am by Anita Lam

    ... cost-cutting measures now adopted throughout the industry. Hong Kong has always been much more expensive than Shenzhen, anyway, he said. “If it’s just about cost, the Kwai Chung terminals would have ...

  4. Business - Banking & Finance - SHIPPING

    Leasing firm seeks to double portfolio

    Posted Apr 12th 2013, 12:00am by Keith Wallis

    ... to US$116 million. The ships will be chartered back to Bourbon for 10 years on a bareboat basis, meaning Bourbon will be responsible for all crewing and operating expenses. Bourbon will have ...

  5. Business - Companies - SHIPPING

    China Cosco hit by market overcapacity as it struggles to get back into black

    Posted Mar 29th 2013, 12:00am by Charlotte So

    ... of disappointment was an unexpected one billion yuan "compensation expense", which was reportedly paid by China Cosco for the early termination of dry bulk vessel charter contracts, a report from ...

  6. Business - Companies - SHIPPING

    Damaged OOCL Brussels in troubled waters

    Posted Feb 20th 2013, 12:00am by Keith Wallis

    ... Keith Wallis keith.wallis@scmp.com Delivery of huge container vessel delayed until April after tail shaft damaged during tests OOCL Brussels in troubled waters A massive containership that was meant to be the pride of Orient Overseas Container Line is languishing in a South Korean shipyard facing expensive repairs. The OOCL Brussels is one of 10 ships, and the first in OOCL logos, ...

  7. Business - Money - SHIPPING

    Tough times test insurers' bonds with shipowners

    Posted Jan 08th 2013, 12:00am by Keith Wallis

    ... their reserves after a series of expensive accidents. These include the Costa Concordia cruise liner sinking in Italy and the sinking of the container ship Rena in New Zealand, which together ...

  8. Business - China Business - SHIPPING

    Shippers run into high cost road block

    Posted Nov 12th 2012, 12:00am by Toh Han Shih

    ... reason is the under-developed infrastructure in remote regions, which makes delivery to those areas expensive, said Chen Nian, chief executive of VANCL, a Chinese e-commerce firm that sells ...

  9. Business - Economy - SHIPPING

    Exporters face delays at U.S. ports

    Posted Sep 14th 2012, 12:00am by Keith Wallis

    ... from the west coast across the country to cities such as New York would be more expensive. Overall, there would be cargo "backlogs, bottlenecks, delays, etc. Plus labour that is ordered ...

  10. Business - Companies - SHIPPING

    Cosco International seeks acquisitions to boost profits

    Posted Aug 23rd 2012, 12:00am by Keith Wallis

    ... was buoyed by a 28 per cent reduction in selling, administration and general expenses to HK$210.4 million, plus a 36 per cent increase to HK$62.3 million on interest income from its cash reserves. ...




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