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  • July 12, 2014
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  1. News - World - SHIPPING

    Hong Kong-based company unveils route of Nicaragua canal to rival Panama’s

    Posted Jul 08th 2014, 01:32pm by Patrick Boehler

    ... at the mouth of the River Brito, heads south through the city of Rivas and crosses Lake Nicaragua. From Lake Nicaragua, it goes by the Tule and Punta Gordas rivers until it reaches the southern ...

    http://www.scmp.com/news/world/article/1549543/nicaragua-unveils-route-us40-billion-canal-be-built-hong-kong-company
  2. 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 Japanese shipbuilder Kawasaki Heavy Industries plans to construct gas carriers abroad as it strives to lower costs and take market share from Korean rivals. At present currency levels, ...

    http://www.scmp.com/business/companies/article/1540542/japanese-shipbuilder-kawasaki-construct-lng-tankers-china
  3. Business - Money - SHIPPING

    US funds bet on Asia for shipping recovery

    Posted Jul 04th 2013, 12:00am by Reuters

    ... Reuters in Singapore US funds bet on Asia for strong shipping recovery United States private equity and investment funds are betting Asia's shipping industry, hit by a restructuring ... Asian shipping firms undergoing restructuring, such as South Korea's STX Pan Ocean and Indonesia's Berlian Laju Tanker, offer opportunities. The ships investors are looking ...

    http://www.scmp.com/business/money/markets-investing/article/1274902/us-funds-bet-asia-shipping-recovery
  4. 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

    ... with another ship at the mouth of Tokyo Bay and sank yesterday. The 130-metre Beagle III, which was carrying steel coil, collided with the South Korean-registered Pegasus Prime in the Uraga waterway ... with steel coil, said Bruce Hsueh, a spokesman for the Taipei-based firm. Hsueh could not confirm the crew member's death. The crew of the 127-metre-long Pegasus Prime, including six South ...

    http://www.scmp.com/news/china/article/1451358/nine-chinese-missing-after-cargo-ships-collide-japan
  5. Business - Companies - SHIPPING

    OOIL earnings tipped lower on oversupply, freight rates fall

    Posted Mar 08th 2014, 01:40am by Charlotte So

    ... OOIL's fourth-quarter rates reached the lowest point of the year in most of its main markets, including transpacific, Asia-Europe and intra-Asia trade lanes, which account for more than 80 per cent of its total shipping revenue. Its freight rates dropped 11 per cent year on year in the second half to US$705 per 20-foot equivalent unit (teu) on the intra-Asia route, which ...

    http://www.scmp.com/business/companies/article/1443104/ooil-earnings-tipped-lower-oversupply-freight-rates-fall
  6. Business - Companies - SHIPPING

    Chairwoman Sabrina Chao steers Wah Kwong Maritime past rocky shoals

    Posted Mar 07th 2014, 11:48am by Charlotte So

    ... A-levels in a boys' boarding school," she told the South China Morning Post. Hong Kong could be a maritime hub positioned right between London and Oslo SABRINA CHAO After graduating from ...

    http://www.scmp.com/business/companies/article/1442497/chairwoman-sabrina-chao-steers-wah-kwong-maritime-past-rocky
  7. 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

    ... consolidation was inevitable and needed so companies could turn a profit. "P3 is a partial exercise of a greater consolidation, which is also needed in Asia," said independent shipping analyst ...

    http://www.scmp.com/business/companies/article/1444815/hong-kong-urged-act-port-congestion-pressure-builds-more-capacity
  8. Business - Economy - SHIPPING

    Maritime bureau aims to shore up Hong Kong's role as shipping hub

    Posted Feb 17th 2014, 04:47am by Charlotte So

    ... of cutting taxes, Chao said the group was pressing for the government to have double tax avoidance treaties signed with South Africa and Australia, countries which conduct a lot of shipping business ...

    http://www.scmp.com/business/economy/article/1429233/maritime-bureau-aims-shore-hong-kongs-role-shipping-hub
  9. Business - China Business - SHIPPING

    Hong Kong port loses out to bigger berths in Shenzhen

    Posted Feb 13th 2014, 01:24am by Charlotte So

    ... alliance, which has yet to be approved by mainland China, European Union and the United States, is likely to have a 37 per cent share of the Asia-Europe trade and 24 per cent of the transpacific ...

    http://www.scmp.com/business/china-business/article/1426759/hong-kong-port-loses-out-bigger-berths-shenzhen
  10. Business - Companies - SHIPPING

    Shipping industry set to emerge from five-year downturn

    Posted Feb 08th 2014, 05:12am by Reuters

    ... firms that have endured years of losses as freight rates failed to cover costs. Global shipper TMT filed for bankruptcy protection in June, shortly after South Korea's STX Pan Ocean filed ...

    http://www.scmp.com/business/companies/article/1423427/shipping-industry-set-emerge-five-year-downturn

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