Shipping & Marine
Hutchison Port Holdings Trust to control container trade
Hutchison Port Holdings Trust to control container trade
                                                                                                 
                        
                          	It will help dominate the Hong Kong port.
                    
                                        
                    
                Sinotrans Shipping's net profit crashed 78% to USD20mn
                                                                                                 
                        
                          	Check out what to blame.
                    
                                        
                    
                OOIL's net profit climbed 63% to USD296mn
                                                                                                 
                        
                          	Thanks to its strong container shipping business.
                    
                                        
                    
                COSCO Pacific pops the champagne on 13.9% container volume growth
                                                                                                 
                        
                          	It still owns the industry's top spot.
                    
                                        
                    
                Shipping companies extend pact to use cleaner fuel
                                                                                                 
                        
                          	They will use fuel with 0.5 percent sulfur or less.
                    
                                        
                    
                COSCO Pacific pops the champagne on 7.5% container volume growth
                                                                                                 
                        
                          	Guess which was the largest contributor.
                    
                                        
                    
                Port cargo veers toward 2% dip in carriage
                                                                                                 
                        
                          	It's a long list of declines.
                    
                                        
                    
                Hong Kong combats ship pollution
                                                                                                 
                        
                          	Hong Kong will force ships to burn cleaner fuel.
                    
                                        
                    
                Why Hong Kong is still an international maritime hub
                                                                                                 
                        
                          	Find out what Financial Secretary John Tsang has to say.
                    
                                        
                    
                China COSCO suffers RMB1.53bn loss
                                                                                                 
                        
                          	But at least it's less than last quarter's.
                    
                                        
                    
                Roads to Kai Tak being improved
                                                                                                 
                        
                          	Steps are being taken to minimize traffic jams.
                    
                                        
                    
                OOIL shocks market with 8.3% rise in Asia-Europe trade volume
                                                                                                 
                        
                          	This is amid dull demand from Europe.
                    
                                        
                    
                OOIL reveals operational updates for 3Q12
                                                                                                 
                        
                          	Total revenues increased by 10.9%.
                    
                                        
                    
                Hong Kong to open new cruise terminal in 2013
                                                                                                 
                        
                          	The Hong Kong Tourism Board has set aside a budget of US$2 million to promote the new Kai Tak Cruise Terminal and cruise tourism to Hong Kong.
                    
                                        
                    
                Maritime operators urged to intensify safety rules
                                                                                                 
                        
                          	This is following the collision tragedy in which 39 were killed.
                    
                                        
                    
                Collaboration is key for Hong Kong port operations
                                                                                                 
                        
                          	Hong Kong ports have benefited greatly from the region’s thriving trade activity in recent years. But now, the irregular economic ups and downs of...
                    
                                        
                    
                Shenzhen wants Hong Kong to co-finance a US$45 logistics centre
                                                                                                 
                        
                          	But this project may potentially steal more of Hong Kong's shipping business and give it to Shenzhen.