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  • October 2, 2014
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  1. News - Hong Kong - TYPHOON

    Daring T8 helicopter rescue saves sinking ship's crew near Hong Kong

    Posted Sep 16th 2014, 04:11pm by Clifford Lo

    ... Clifford Lo clifford.lo@scmp.com A daring nighttime helicopter rescue saved the crew of a sinking cargo ship from 10-metre waves near Hong Kong as the typhoon signal No 8 was in force in the early hours of Tuesday. The rescue operation was mounted at about 1am as the 96-metre-long cargo ship, the Hao Jun, lost power in Chinese waters about 20km southwest of Macau. The ship’s master ...

  2. Labour of love sees Fujian junk back on the seas

    Posted Apr 11th 2010, 12:00am by John Carney

    ... of retirement to supervise its construction in Fujian in the 1980s,' Morris explained. 'The sails were sown by old women in a huge hall and were made out light muslin, stained with pig's ...

  3. Comment - Letters

    Operators of ships emitting excessive dark smoke face fines

    Posted Sep 15th 2014, 04:20am by LETTERS

    ... Operators of ships emitting excessive dark smoke face fines I refer to the letter by Paul Ulrich ("Crackdown ignores ship pollution", September 8). To address growing concerns on air quality in Hong Kong, legislative amendments to the Merchant Shipping (Local Vessels) Ordinance (Cap 548) and the Shipping and Port Control Ordinance (Cap 313) that step up the control ...

  4. Business - China Business - TRADE

    China's rising fruit imports push up demand for refrigerated shipping

    Posted Sep 15th 2014, 04:40am by JING YANG

    ... Jing Yang jing.yang@scmp.com Refrigerated container trades benefiting from growing mainland imports of perishable goods China's rising fruit imports push up shipping demand Fruit imports raise shipping demand Growth in China's imports of fruit and vegetables is spurring demand for seaborne transport in refrigerated containers, a business benefiting from the rise ...

  5. HK listing possible: Jiaolong

    Posted Nov 27th 2007, 12:00am by Charlotte So

    ... that of their counterparts. 'High-end vessels could be at a premium of two to five times the price of general ships,' said Zhang Weijing, a professor at Shanghai Jiao Tong University. 'That's why ... taxpayer among shipyards and ship engineering plants in Tongzhou. Tongzhou has 114 shipbuilding and steel structure companies with 400,000 workers. By 2010, ships finished in Tongzhou will reach ...

  6. Business - Banking & Finance - EARNINGS

    China Construction Bank posts slower 9pc gain in first-half profit

    Posted Aug 30th 2014, 01:29am by DON WEINLAND

    ... Don Weinland don.weinland@scmp.com Net profit reaches 130.7 billion yuan to meet market target while bad loans expand 12pc Construction Bank posts slower 9pc gain in first half China Construction Bank Corp, the mainland's second-largest lender by assets, raised net profit 9 per cent in the first half, a period marked by decelerating growth in the state banking sector. The bank ...

  7. Business - China Business - SHIPBUILDING

    China picks shipyards for special treatment

    Posted Sep 05th 2014, 01:22am by JING YANG

    ... China Ocean Shipping (Group), Sinotrans & CSC Group, Aviation Industry Corp of China and China Shipping (Group). Top-tier private shipyards on the list include Rongsheng, Singapore's ... the shipbuilding industry and mothballing excess capacity. China has been the world's top shipbuilder by capacity but lags far behind South Korea and Japan in constructing high-end vessels ...

  8. Capesize vessel rates falling, with iron ore build-up increasing fears

    Posted Jul 23rd 2009, 12:00am by Charlotte So

    ... vessel on the spot market dropped US$2,585 to US$60,490 on Tuesday. Capesize charter rates are usually more volatile compared with those for other bulk ships, including Panamax and Handysize ... mining companies ordered ships at spot prices before the completion of recent iron ore contract prices with China to put more pressure on mainland steel mills to accept a 33 per cent price cut, ...

  9. Shipbuilding industry may see pick-up in orders

    Posted Jun 23rd 2009, 12:00am by Toh Han Shih

    ... four months of the year and dropped 94 per cent to 790,000 dwt in the first quarter, it said. Mainland shipyards completed 2.62 million dwt of new ships last month, 17.6 per cent less than in April. Despite the gloomy figures, some industry experts expected an improvement in the order books. 'We may see some orders for large ships for Chinese shipyards before the end ...

  10. 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 prof ...




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