Cosco Shipping Ports continues to rack up good growth in throughput, with overall volumes rising 9.5% to 8.60m teu in March from 7.85m teu in the previous corresponding period.
The entrepreneurship and trading instincts that make Hong Kong "the commercial jewel in this region's economically miraculous crown" was lauded by Maritime UK chairman David Dingle speaking to the Hong Kong Shipowners' Association (HKSOA).
Cosco Shipping International (Hong Kong) Co has reported a fall in annual net profit on the back of the downturn in the international shipping industry marked by lingering oversupply.
Coming off a very low base set in 2016, Hong Kong Port saw February throughput spike 26% to 1.44m teu from 1.14m teu in the previous corresponding period.
With a brilliant view of the eastern approach to Victoria Harbour and an eye to future growth, Ince & Co Hong Kong officially opened their new office in One Island East in Tai Koo yesterday.
After almost two years of consecutive monthly declines throughput at the Port of Hong Kong saw a slight 3.5% rise in January increasing from a low base of 1.67m teu in January 2016 to 1.73m teu this year.
Hong Kong and south China-focussed container terminal operator HPH Trust saw throughput at its ports fall 6% in 2016 from the year before as a combination of lower transhipment cargoes and weaker intra-Asia trade hit volumes.
International law firm Hill Dickinson will be able to operate fully in Hong Kong as a single entity after its application was approved by the Law Society of Hong Kong.
China Cosco Shipping Corporation Limited (Cosco Shipping) is reportedly a contender to buy Hong Kong-based Orient Overseas Container Line (OOCL) in a deal valued at more than $4bn, Wall Street Journal reported.
