Subsidies from Beijing gives air cargo hubs in China a cost structure that is hard for regional competitors such as Hong Kong to match.
Kalmar's Shanghai factory delivers its 1,000th reachstacker to Wing Wah Container Depot Co., Ltd., Hong Kong
16 Oct 2015
There was no let up for Hong Kong in the month of September as container volumes fell for the 15th consecutive month.
16 Sep 2015
Cathay Pacific and sister carrier Dragonair reported flat growth in air cargo during August as the Hong Kong-based airlines limp into the slack period before what is hoped will be a last-quarter peak season.
15 Sep 2015
Container volumes in Hong Kong maintained their steady downward trend in August, falling by 10 percent compared to the same month last year even as the number of boxes handled by neighbouring rival Yantian continued to grow.
31 Aug 2015
China Merchants Holdings (International)’s first half net profit jumped 29 percent year-over-year to HK$2.8 billion ($US 361 million) after throughput gains at Chinese terminals exceeded China’s overall container growth rate and traffic through overseas facilities rose at a double-digit clip.
17 Aug 2015
The double-digit throughput decline of Hong Kong’s container terminals continued in July, the 13th straight month of falling year-over-year volumes.
14 Aug 2015
No decision on a block exemption for Hong Kong’s container shipping industry will be made before the new competition law comes into effect on December 14, leaving the container shipping industry in the bizarre position where its activity will be illegal from that date.
10 Aug 2015
The Hong Kong Marine Department has issued a safety notice following the death of a seaman who was killed when a stack of containers tumbled over during a mid-stream offloading operation recently.
10 Aug 2015
OOCL, the core liner business of Orient Overseas (International) Ltd, became the latest container carrier to report a first half net profit based largely on significant cost savings across its global network.
28 Jul 2015
No decision yet has been made on whether Hong Kong’s Competition Commission will grant the liner industry a block exemption from new rules to be enforced from December that will effectively render container shipping activity illegal.
22 Jul 2015
Hutchison Port Holdings Trust recorded a 26 percent fall in net profit in the first half as revenue remained virtually flat and container volumes at its South China terminals rose just 2 percent compared to the first six months of last year.