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Friday, May 29, 2020

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No ports in new plan, just people, property and prices

Posted to Far East Maritime (by Greg Knowler) on October 28, 2010

Fifty-seven years ago, China’s first Five-Year Plan was implemented to map out the economic and social development of what was then one of the world’s poorest countries. At the end of this year the 11 Five-Year Plan expires and the 12 will come into action…

No frills container carrier lining up for launch

Posted to Far East Maritime (by Greg Knowler) on February 11, 2010

Neptune Orient Lines just reported a loss of US$741 million for 2009. China Shipping Container Lines is expected to soon announce a loss of US$1 billion. Other results will begin to trickle in but no carrier handling containers will have done well last year.

Piracy approach a failure, say Hong Kong shipowners

Posted to Far East Maritime (by Greg Knowler) on January 19, 2010

The Hong Kong Shipowners’ Association (HKSOA) has called for governments to throw out the current response to pirates menacing ships off the Horn of Africa, accusing the international community of tolerating piracy instead of eliminating attacks.