Hong Kong's logistics industry stands to benefit if a scheme to streamline customs procedures in Shenzhen for cross-border container trucks is extended through southern China, an industry insider and an academic say.Saturday, 12 August, 2006, 12:00am
Four state banks agree to finance 1.5b yuan Taicang project
Four state lenders have agreed to step up and back the expansion of Modern Terminals Limited's (MTL) Taicang port project with a 1.5 billion yuan loan facility, according to the company.25 Apr 2006 - 12:00am
Major port operators have pushed back a key step in their plans to replace paper receipts with an electronic system as truckers dig in against the change.27 Mar 2006 - 12:00am
Modern Terminals Limited, which last year handled more than three million teu (20 ft equivalent units) at its facility in Kwai Chung, has set new industry standards for vessel productivity. Hapag-Lloyd's 4,600-teu Shanghai Express arrived at Modern Terminals on February 1 to load and unload 1,884 containers.9 Feb 2001 - 12:00am
The Grand Alliance's plans to expand its operations in West Shenzhen's Shekou port next year may be delayed by a deadlock in negotiations over the development of the Tonggu channel.
China Merchants Holdings, Modern Terminals and two investment firms representing the port authorities have been negotiating over the stakes in the project.21 Jul 1999 - 12:00am
HONGKONG (February 14): A THIRD proposed site for Hong Kong's two new container terminals will be submitted to the Government today.
The proposal by Hopewell Holdings - which focuses on a portion of an earlier, larger plan for full-scale port and airport development - involves the creation of a series of deep-water berths off northern Lantau.14 Feb 1999 - 12:00am
HEADWAY was made towards breaking the deadlock over Container Terminal 9. After political pressure, a deal was rumoured to have been struck: the Jardine-led Tsing Yi Consortium would swap the franchise rights to two berths at CT9 for rights to operate on two of Modern Terminals' berths at CT8.11 Aug 1996 - 12:00am
China is set to approve a fresh deal among consortiums to resolve the row over the Container Terminal 9 project, according to an informed source.
Details of the long-awaited deal reached last week were given to China's team in the Joint Liaison Group (JLG) on Monday, the source said.7 Aug 1996 - 12:00am
Shares in container leasing firm Cosco Pacific tumbled yesterday amid fears slowing container throughput will curb the company's earnings.
Cosco Pacific, the Hong Kong-listed subsidiary of China's biggest shipping company, fell as much as 10.1 per cent before closing 50 cents or 8.4 per cent down at $5.45.24 Apr 1996 - 12:00am
THE use of gantry cranes has helped Modern Terminals Limited (MTL) increase its handling capacity.
A company official said the terminal had phased out all of its 74 straddle carriers and replaced them with 52 rubber-tyred gantry cranes last year.
'Another 14 will be delivered this year and six more next year,' she said.23 Feb 1996 - 12:00am
ONE of the companies involved in Container Terminal 9 says the Government's refusal to pay $3 billion for infrastructure work is the reason the project has been delayed.5 Jan 1994 - 12:00am
MODERN Terminals Ltd is to fit all of its rubber-tyred gantry (RTGs) cranes with auto-steering systems by the end of May to ensure more accurate route movements at its terminals in Kwai Chung.
The system follows a straight line painted on the ground as a guide for its ITV cameras attached to the legs of the cranes.30 Apr 1993 - 12:00am
MODERN Terminals Ltd has proposed to the Government a three-pronged plan to meet Hongkong's rising container throughput.
Mr Mark Leese, managing director of MTL, warned that Hongkong would be swamped by the dramatic growth in southern China if it did not speed up its improvements in infrastructure.14 Apr 1993 - 12:00am
CHINA Merchants Holdings is considering taking part in the proposed development of new port facilities at Dayao Bay in Dalian following a joint inspection with Modern Terminals Limited (MTL).
However, managing director Jiang Bo yesterday said China Merchants had made only preliminary contacts with Dalian on the project and no concrete plan had yet been made.11 Mar 1993 - 12:00am
COMMENTS from the Sea-Land Orient Terminals camp on taking the wrangle over container Terminal 9 (CT9) into the Sino-British Joint Liaison Group are unlikely to be welcomed by the Hongkong Government.
They may, however, be better appreciated by other CT9 hopefuls, despite the official silence of Sea-Land's peers on the matter.17 Feb 1993 - 12:00am