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  • October 23, 2014
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  1. Container volumes up despite fears

    Posted May 24th 2012, 12:00am

    ... or size, which have a smaller impact on container volumes.' Separately, British waste-paper exporters said slowing demand from China coupled with higher freight prices had dampened the market and could hurt container volumes from Europe to Asia. Waste paper accounted for 21 per cent of containerised shipments to Asia, according to EU figures, while 34 per cent of the waste paper ...

  2. Store charge

    Posted Nov 22nd 2007, 12:00am by Staff Reporter

    ... ParknShop wants shoppers to pay 20 cents for each plastic bag, on a voluntary basis. Along with other measures such as a planned bag tax, are we doing enough to cut the amount of waste we produce? Write to us. ...

  3. Shippers seek rate rise for waste paper

    Posted Apr 05th 2007, 12:00am by Charlotte So

    ... Charlotte So Cosco Container Lines, Orient Overseas Container Line, NYK Line and seven other shippers plan to raise rates on containers carrying waste paper by at least 10 per cent, after ... containers, according to Mr Ng. The charge for westbound shipments such as waste paper is US$500 to US$600 per feu, much lower than eastbound shipments, imposing a drag on shipping lines' ...

  4. In Brief

    Posted Sep 11th 2007, 12:00am by Staff Reporter

    ... Council supports 50-cent levy on plastic bags The Advisory Council on the Environment has backed the HK 50 cents plastic-bag tax. Chairman Lam Kin-che said the tax was an important move in waste reduction and hoped it could be introduced as soon as possible. The government wants the levy to be introduced at the end of next year, with the first phase expected to apply ...

  5. The big bag question

    Posted May 25th 2011, 12:00am

    ... makes Lau feel guilty about the climb in profits. 'We don't really feel very good about it,' Lau said. 'As we know, a lot of resources have been unnecessarily wasted ... always lower the price of their product beforehand to offset the 50-cent levy indirectly,' said Dr Man Chi-sum, chairman of the waste subcommittee. No registered retailers are allowed ...

  6. Green Day charge looms on plastic bags

    Posted Feb 27th 2007, 12:00am by Audrey Parwani

    ... bag, with the proceeds donated to Green Power's Zero Waste Action educational programme. Man Chi-sum, chief executive officer of Green Power, said Hong Kong consumers used 1,200 plastic ...

  7. Expansion at greek container terminal

    Posted May 18th 2012, 12:00am

    ... expansion of Piraeus Container Terminal in Greece months earlier than planned. This came after container volumes at Piraeus almost doubled in 2011 compared with a year earlier and despite renewed ... financial controller, confirmed that construction work had started to create pier three as part of Cosco Pacific's 35-year concession to manage and operate the container terminal. Cosco Pacific ...

  8. Singamas Container stock rises 11pc after profit jump

    Posted Mar 28th 2012, 12:00am

    ... Keith Wallis keith.wallis@scmp.com Shares in Singamas Container Holdings rose more than 11 per cent yesterday after the firm saw net profit climb by 49.8 per cent to a record US$138.6 ... cent came from container manufacturing and 2 per cent from logistics and terminals. Singamas is the world's second-largest maker of shipping containers, with 21 per cent of the market- ...

  9. Rising fuel prices add to container line's stress

    Posted Mar 13th 2012, 12:00am

    ... Keith Wallis keith.wallis@scmp.com Overcapacity, sluggish cargo growth and high fuel prices are set to make 2012 a difficult year for container shipping lines even though carriers have ... by the family of former Hong Kong chief executive Tung Chee-hwa, said capacity was forecast to grow by 9 per cent this year as new container ships were delivered to ship owners and operators. ...

  10. Container lines optimistic over cargo volumes

    Posted Mar 02nd 2012, 12:00am

    ... Keith Wallis keith.wallis@scmp.com Container shipping lines could see a stronger recovery in trade volumes in the coming months especially on transpacific routes and services to emerging ... foundation for Chinese container volumes'. Housing starts were also up 22 per cent in December on an annualised basis to 657,000 while unemployment showed signs of easing. Johnson Leung, head ...




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