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  • August 23, 2014
  • Last updated: 9:04am
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  1. 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

    ... crude imports are unavailable. Sinopec, which controls trading vehicle Unipec, the world's largest VLCC charterer, said this year in an internal meeting that the four state-owned tanker ...

  2. 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

    ... in the history of humanity. "It will be an enormous help to the Nicaraguan people and for the world in general, because world trade will require it. We are sure of this." But environmental ...


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

    Posted Jul 03rd 2014, 03:50pm

    ... doors inexplicably opened without the lift present. Allen, who had worked for OOCL for 37 years and was head of the firm’s transatlantic trades, was attending a customer cocktail party while ...

  4. 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 ... Kong-based company's director of trades. Existing customers usually contacted their account managers directly, Ng said, adding that because companies develop their own approaches, it might ...

  5. Business - Companies - SHIPPING

    Beijing's help sought for Hong Kong trade deal with Asean

    Posted Oct 30th 2013, 03:31am by Anita Lam

    ... Anita Lam Anita.lam@scmp.com Exclusion from Southeast Asian bloc's pact with China leaves the city's ports business vulnerable Beijing's help sought for HK trade deal with Asean Hong Kong should seek help from Beijing to join the Asean-China free-trade agreement, amid warnings that exclusion from the region's biggest free-trade network would harm ...

  6. Business - Companies - SHIPPING

    Hong Kong ship owners seize chance as Africa trade soars

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

    ... Keith Wallis keith.wallis@scmp.com Slump in price of vessels offers opportunity to build fleets and serve continent's smaller ports HK ship owners seize chance as Africa trade soars Burgeoning trade between China and Africa and sales by German shipping investment funds have combined to create opportunities for two fledgling Hong Kong ship owners. Tribini Capital and Mandarin ...

  7. News - World - SHIPPING

    Experts warn that the global shipping industry is vulnerable to cyber-attack

    Posted Apr 24th 2014, 10:03pm by Reuters

    ... Reuters in Singapore Security experts warn that the sector transporting 90 per cent of world trade is highly vulnerable Global shipping industry next cyber-attack target? The next hacker target appears likely to be the open seas and the oil tankers and container vessels that ship 90 per cent of the goods moved around the planet. Hackers recently shut down a floating oil rig ...

  8. 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 ... is the single largest trade lane for the company, according to company statements filed with the Hong Kong stock exchange in January. Asia-Europe freight rates dipped 9.5 per cent while transpacific ...

  9. Business - Commodities - SHIPPING

    Pacific Basin sees brighter prospects in second half of 2014

    Posted Mar 06th 2014, 10:36am by Charlotte So

    ... trade. Wheat imports shot up to 10 million tonnes last year as China eclipsed Egypt as the world's biggest buyer of the grain. Excessive rains hammered China's wheat crop, severely ...

  10. 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

    ... under three big alliances- G6, P3 and CKYHE- which account for 70 per cent of the capacity of global trade lanes. The P3 group is expected to get approval from the Federal Maritime Commission ...




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