Shipping & Marine
Cosco Shipping to spend $12m for protection against piracy
Cosco Shipping to spend $12m for protection against piracy
Armed guards and other measures will be put in place in the Gulf of Aden and the Indian Ocean.
China and Hong Kong to closley cooperate in hydrographics
The China Maritime Safety Administration and the Hong Kong Marine Department held a friendly meeting in Guangzhou on June 21 and 22 to forge close co...
Chu Kong Shipping Development enters management agreement with parent company
Leverages experience and expertise in management and operation of its parent company’s assets while it appoints Liu Weiqing as chairman.
Pacific Andes first half profit down 31.7% to HK$228.5mn
The company continues to pursue organic business growth and acquisition opportunities to further extend value chain.
OOCL undergoes movements in its senior management
Miranda Lou to succeed Taylor Gao as Director after the latter quitted his post.
OOCL expands its Scandinavian Express Service (SBX)
The company is committed to serve the growing Baltic markets as it increases in capacity and additional port coverage.
Construction of cruise terminal now underway
The foundation stone laying ceremony for the Cruise Terminal Building at Kai Tak today, which will berth the largest cruise vessels in the world, was...
Managing customs and trade in Mainland China and Hong Kong SAR
Mainland China and Hong Kong SAR have emerged as the economic and financial hubs of Asia, attracting scores of businesses engaged in the manufacture...
Hong Kong recorded trade deficit of $25.1bn in February 2011
This is equivalent to 9.9 per cent of the value of imports of goods.
Total port cargo throughput rose 10%
Port cargo throughput increased to 267.8 million tonnes as inward and outward port cargo rose 11% and 10% respectively.
Hong Kong exports to Asia surged 29.6% in January 2011
Demand in Asia was notably strong, especially from Thailand which rose by 72.7 percent, India by 65.5 percent, Vietnam by 36.9 percent, and Korea by...
OOCL revives Atlantic Express Service
The revised rotation of the service will be Hamburg-Antwerp-New York-Hamburg.
Hong Kong goods imports up 14.8% in December 2010
The value of Hong Kong's total goods exports rose 12.5% y-o-y in December.
Hong Kong exports to decelerate in 2011
Hong Kong export-to-GDP came in at around 20% in 2010 but UBS said this increase is temporary.
Hong Kong domestic exports up 5.7%
While the volume of Hong Kong's re-exports of goods in October rose 9% on the same month last year.
The boys from Brazil
As far as cultures go, Singapore and Brazil couldn’t be further apart. But when it comes to business, Singapore’s offshore and marine companies are...
Global shipping recovery to continue behind impending acquisitions
China and the rest of Asia Pacific’s shipping demand was seen as primary driver of global shipping growth.
Commentary
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