Hong Kong-based firm HK Nicaragua Canal Development Investment, and its local arm HKND, the concessionaire for the development, construction and operation of Nicaragua's $40bn interoceanic canal has hired two international advisors to work on...
Typhoon Utor claimed one ship as the bulker Trans Summer sank off Hong Kong on Wednesday morning. According to AIS data from marinetraffic.com, the vessel had been bound for the Guangdong port of Yangjiang when it sank 45 nautical miles southwest...
Orient Overseas (International) Limited, the parent of Hong Kong line Orient Overseas Container Lines (OOCL) dropped into the red for the first half turning in a net loss of $15.3m compared with a profit of $116.5m for the corresponding period of...
China Communications Construction Co (CCCC) has signed a $4.32m contract for the feasibility study for ports associated with the planned Nicaragua canal.
Orient Overseas Container Line (OOCL) reported an almost 10% drop in revenue $1.41bn for the second quarter on a 2.6% fall in total volumes to 1.31m teu.
As of yesterday, Norway has become the first to sign up to the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, 2009.
The chairman of the Hong Kong-based Chinese firm that won a concession to design, build and manage a canal in Nicaragua to match the Panama Canal revealed to local media his vision for the project.
Nicaragua President Daniel Ortega awarded a 100-year concession to build an interoceanic canal in the across the country to Hong Kong Nicaragua Canal development Investment Co. Ltd (HKC), chaired by ceo Wang Jing. The bill detailing the contract...
Qingdao Port (Group) Co is looking to raise $200-300m from an initial public offering (IPO) on the Hong Kong Stock Exchange, after it dropped plans to list in Shanghai, reports said.
While at a more general level Hong Kong's recent port workers' strike, which lasted through the whole of April, may have showed up the city's growing social divide, for those in the shipping and logistics industry, it illustrates an equally...