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  • September 18, 2014
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  1. News - World - INTERNET

    Chinese hackers targeted US military contractors, Senate panel committee finds

    Posted Sep 18th 2014, 04:59am by Reuters in Washington

    ... a keen interest in the logistical patterns of the US military. The investigation focused on the US military’s ability to seamlessly tap civilian air, shipping and other transportation assets ... In 2012, another intrusion was made into multiple systems of a commercial ship contracted by Transcom, the report said. The Senate probe could further increase tensions between the two world powers ...

  2. HK's Anglo-Eastern picked to run first 'Chinamax' ship

    Posted Apr 23rd 2011, 12:00am

    ... Anglo-Eastern is on course to manage all seven of the ships built by Daewoo Shipbuilding and some of the vessels constructed by China Rongsheng. This would continue a relationship that started almost ... Keith Wallis A Hong Kong ship management company is overseeing the day-to-day operation of the first in a series of 'Chinamax' ultra-large dry bulk cargo ships ...

  3. Comment - Insight & Opinion - WHO SAID IT?

    Who said it?

    Posted Sep 11th 2014, 05:11am by STAFF

    ... I think we really have an important day in mapping the history of our country Canadian prime minister Stephen Harper on the discovery of one of two missing historic ships   I think a lot of people knew, but didn't ever say anything- and we didn't tell them Alice Dubes, aged 90, after getting married to Vivian Boyack 72 years after they got together   For sure, guys like ...

  4. News - China - MILITARY

    Can we train together? PLA officer uses US ships' port visit to boost ties

    Posted Aug 07th 2014, 04:34am by Minnie Chan

    ... they can improve understanding between the countries' navies. The idea was raised when the US 7th Fleet's command ship USS Blue Ridge visited the port of Qingdao in Shandong province, ... ships and receive [shared] training?" Vice Admiral Robert Thomas said both navies could work together closely in future on operations and exercises, on exchanging information ...

  5. Business - Companies - SHIPPING

    Cosco signs landmark deal with Vale for giant ore carriers

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

    ... to ship iron ore for Vale, they said yesterday. To fulfil the contract, China Cosco will buy four Valemax vessels- giant ore carriers with a capacity of 400,000 dwt- and build 10 more. ... it could actually be positive for the shipping market, according to James Leake, a managing director at London-based Arrow Research. "At most four capesize at any one time are employed ...

  6. News - Hong Kong - TRANSPORT

    Plans for HK$110b expansion of Hong Kong rail network unveiled

    Posted Sep 17th 2014, 04:45pm by Timmy Sung and Phila Siu

    ... of whether the city has enough construction workers to build the lines, with one industry insider saying there is a shortage of 8,000 to 10,000 workers. Asked if the government might assign ... plans in case the company was not hired. On the availability of construction labour, Cheung noted that the Development Bureau had a mechanism to coordinate demand for workers among ...

  7. Shipyards sail into rough seas as new orders dry up

    Posted Nov 01st 2011, 12:00am

    ... year on year to 29 million dwt, it said. A glut in China's shipping overcapacity is being exacerbated by a recent 67.2 per cent jump to 7.86 million tonnes of completed ships in September ... of built ships that have received firm orders from customers fell from 98.3 per cent in the peak year of 2008 to 70.9 per cent this year, and this is projected to fall to 68 per cent in 2012 ...

  8. News - World - MIDDLE EAST

    Gaza residents question when they can start rebuilding shattered homes

    Posted Sep 18th 2014, 08:31pm by AFP

    ... permanent," 60-year-old Najjar sighed. "I'm scared that the blockade will never be lifted, and the Israelis won't let any construction material in," he said after fighting which ... in place since 2006, includes a ban on most construction materials including steel, cement and concrete, which could be used to build fortifications or tunnels. "If the restrictions ...

  9. Business - Companies - SHIPPING

    Time to buy dry bulk bargains, says chief

    Posted Mar 06th 2013, 12:00am by Keith Wallis

    ... with the yard during design and construction of the ships and Berglund said they had delivered the highest returns of any ship in the firm's fleet. The firm made US$39.3 million in net profit from ... Keith Wallis keith.wallis@scmp.com Head of Pacific Basin Shipping says prices for secondhand cargo vessels have bottomed out, after falling up to 50pc over the past two years Time to buy ...

  10. Property - Hong Kong & China - PROPERTY

    Government's affordable home drive protects mainland China jobs

    Posted Sep 15th 2014, 04:43am by Langi Chiang

    ... Chinese leaders have relaxed monetary policies for a select number of sectors in recent months, including agriculture, small business and home construction for the poor. But they have kept up ... concerned about defaults, bankruptcies, and liquidations among private developers, construction companies, and other residential real estate-related companies that made fat profit margins during ...




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