Shipping & Marine

COSCO Shipping rebounds in 2020 2H

The company recorded a net profit increase during the year, despite the impact of the pandemic.

COSCO Shipping rebounds in 2020 2H

The company recorded a net profit increase during the year, despite the impact of the pandemic.

Hong Kong customs seized $20m worth of smuggled goods

Some Chinese delicacies found amongst the smuggled goods.

SITC profit up 59.7% for 2020

The logistics giant reported a US$353.7m profit.

Cargo throughput at HK ports down 5.3% in 2020

The result for the fourth quarter of 2020 declined by 9.5%

Pacific Basin Shipping spot rates could take a breather: analyst

Jefferies Hong Kong downgrades the company’s recommendation to 'hold'.

Total port cargo down 2.7% in Q2

It was dragged down by a 20% decrease in outward port cargo.

Total cargo down 3.2% to 57.2m tonnes in Q1

But inward port cargo increased by 5.5% to 39 million tonnes.

Total cargo up 1.8% to 263.3 million tonnes in 2019

But exports dropped 24% to 6.3 million in Q4 2019.

Total port cargo rose 4.8% to 69.3 million tonnes in Q2

Tonnage of outward port cargo to Macao skyrocketed 79.2%.

Singapore beats Hong Kong as top international shipping centre: study

Hong Kong dethroned London in 2018 to become the second best in the rankings.

Guangzhou and Busan surpass Hong Kong port's performance

Filled vessels in Hong Kong fell 5.4% in 2018.

Hong Kong ports lose edge as China slows down

Ports in Shanghai and Shenzhen rank above the SAR.

Total port cargo throughput down 13% to 61.7 million tonnes in Q3

Inward port cargo tonnage crashed in US, Japan and Korea.

Customs Department inks deal with six container terminal operators

The MoU aims to set arrangements for sea cargo customs clearance.

Total port cargo throughput down 5.2% to 66.1 million tonnes in Q2

Blame double-digit declines in inward port cargo to SIngapore and Japan.

Hong Kong overtakes London to rank as world's second best shipping centre

However, the city still fall shorts of Singapore’s dominance.

Total port cargo throughput down 0.7% to 65.7m tonnes in Q1

Tonnage of inward port cargo plunged in Singapore, Korea, Japan and Vietnam.