THE Hongkong Parkview Group and China Travel Service (Holdings) are to join forces to operate ferry services to China and Macau and to run a shipyard in Shenzhen. Mr Hwang Chou-shiuan, whose family is the majority shareholder of Parkview, formerly Ming Ren Holdings, yesterday said the prospects for passenger ferry services were promising, especially to the coastal areas of China. China Travel vice-chairman Ma Chi-man said the company would partner Parkview in the venture, but details had not been agreed. ''We'll team up with China Travel under the principle of full-scale co-operation, with equity distribution and details of the various programmes to be reached at a later stage,'' Mr Hwang said. Apart from a passenger ferry service between Hongkong and the Shenzhen airport, which was inaugurated yesterday, Mr Hwang said Parkview planned to operate services to Macau, and from Zhuhai to Shenzhen. Although Mr Hwang has resigned from the management board of Parkview, it is understood that he is still the power behind the company. Parkview president George Wong Kin-wah, who is Mr Hwang's son, said the company had also reached agreement with Hongkong Ferry (Holdings) to operate ferry services between Hongkong and Macau. ''We'll buy seven ferries initially, at a cost of $50 million each,'' he said. On the shipyard venture with China Travel in Shenzhen, Mr Wong said it would be capable of producing 20 ferries a year for sale at about $30 million each. Technology would be transferred from a shipyard in Britain owned by FBM Marine Holdings (UK), in which Parkview bought a 50.4 per cent stake in 1991. Mr Wong said the British yard would continue its operations. It had just received a US$6 million contract for a speedboat from South Korea. On the property front, Parkview has expressed interest in developing an entire zone of 33 sq km in Hainan province.