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  • August 21, 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

    ... of Nicaragua canal unveiled HKND, the Hong Kong-based company run by Chinese billionaire investor Wang Jing and the Nicaraguan government, has unveiled the route of a proposed US$40 billion inter-ocean ... of six million people. Secondary construction includes two deep water ports, an international airport in the city of Rivas, four tourism resorts and an entirely new city that should become home ...

    http://www.scmp.com/news/world/article/1549543/nicaragua-unveils-route-us40-billion-canal-be-built-hong-kong-company
  2. SHIPPING

    France fines Hong Kong shipping firm over top executive’s death

    Posted Jul 03rd 2014, 03:50pm

    ... Orient Overseas Container Line, a shipping company controlled by the family of former Hong Kong chief executive Tung Chee-hwa, has been fined 50,000 euros (HK$530,000) over the death of a top executive in France 11 years ago. The firm, one of the world’s biggest container shippers and a unit of Hong Kong-listed parent Orient Overseas (International), was found guilty on Wednesday ...

    http://www.scmp.com/article/1545613/france-fines-hong-kong-shipping-firm-over-top-executives-death
  3. News - Hong Kong - SHIPPING

    Another broken-down cargo ship washes up on Hong Kong beach

    Posted Jun 26th 2014, 04:05am by Clifford Lo

    ... problems and drifted into shore, damaging the shark net. The vessel is the the second container ship to run aground in Hong Kong's busy shipping lanes this month and the fourth this year. All ... the rocky beach at Tung Wan Tsai on Cheung Chau after it had refuelled in Hong Kong. On April 6, the 193-metre German-registered Hansa Constitution ran aground at Pok Fu Lam, just feet from the sea ...

    http://www.scmp.com/news/hong-kong/article/1540527/broken-down-cargo-vessel-drifts-ashore-butterfly-beach
  4. Business - China Business - SHIPPING

    US$1.1b tanker joint venture to boost China's energy shipping capacity

    Posted Aug 13th 2014, 01:11am by JING YANG

    ... Jing Yang jing.yang@scmp.com Self-reliance prospect in tanker deal Two state-owned tanker giants are setting up a joint venture in a US$1.1 billion deal that could pave the way for the world's top crude consumer to eventually become self-reliant in importing oil through ocean transport. Shanghai-listed and Hong Kong-based China Merchants Energy Shipping (CMES) said in a stock ...

    http://www.scmp.com/business/china-business/article/1572429/us11b-tanker-joint-venture-boost-chinas-energy-shipping
  5. 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

    ... companies expanded and they would take action if nothing was done, said Jessie Chung Wai-yin, the chairman of the Hong Kong Container Terminal Operators Association. "If we don't react quickly enough, the liners will leave for other ports," she said. Congestions and delays at Hong Kong port are common as it lacks enough land to expand its operations. Barges, which carry ...

    http://www.scmp.com/business/companies/article/1444815/hong-kong-urged-act-port-congestion-pressure-builds-more-capacity
  6. 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

    ... city's sea hub role The Hong Kong government plans to set up an inter-departmental body to provide a one-stop shop for the maritime sector, which has steadily lost ground to Singapore ... as brokerage, finance and insurance services. "What we should do now is to upgrade Hong Kong to be on par with London as an international shipping service hub," lawmaker Miriam Lau Kin-yee ...

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

    Hong Kong port loses out to bigger berths in Shenzhen

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

    ... to bigger berths in Shenzhen Hong Kong port could lose further business to Shenzhen because an alliance of three shipping companies would need bigger berths for their large vessels and more space ... terminal, said Sunny Ho Lap-kee, the executive director of the Hong Kong Shippers' Council, quoting a report by shipping consultant Alphaliner. The packed layout of berths and shorter berth ...

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

    Shipping industry moves into digital age with automated booking

    Posted Jun 21st 2014, 12:53am by BLOOM

    ... with digital age The shipping industry, which carries 90 per cent of world trade, is finally going digital. Until recently, if you wanted to send a couple of pallets of televisions from Hong Kong ... a time-consuming and labour-intensive process. Orient Overseas International acknowledged online inquiries within 24 hours and employees then continued the booking process, said Stephen Ng, the Hong ...

    http://www.scmp.com/business/economy/article/1537275/shipping-industry-moves-digital-age-automated-booking
  9. Business - Economy - SHIPPING

    Tenth Hong Kong container terminal, costing HK$100b, may not be financially viable, consultants say

    Posted Dec 02nd 2013, 05:23am by Anita Lam

    ... terminal thrown in doubt A tenth Hong Kong container terminal costing close to HK$100 billion is unlikely to be financially viable, according to a consultancy report due out next month. With only ... of the city's container business came from trans-shipments- cargo moved from one port to another via Hong Kong. But port authorities in Shenzhen and other cities are lobbying hard for Beijing to open ...

    http://www.scmp.com/business/economy/article/1370515/tenth-hong-kong-container-terminal-costing-hk100b-may-not-be
  10. Business - China Business - SHIPPING

    Shenzhen port chiefs bid to lure container shipping lines from Hong Kong

    Posted Nov 25th 2013, 03:52am by Anita Lam

    ... Anita Lam anita.lam@scmp.com Port chiefs advise big foreign carriers to skip Hong Kong, threatening transshipment trade Shenzhen tries to lure container lines from HK Port authorities in Shenzhen are working aggressively to persuade foreign carriers to skip Hong Kong as a transit hub and do business directly with them, the Post has learned. Shenzhen is well-placed to overtake Hong ...

    http://www.scmp.com/business/china-business/article/1364806/shenzhen-port-chiefs-bid-lure-container-shipping-lines-hong

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