ACT Gets Loan For Hong Kong Terminal Construction

Monday, January 31, 2000
Asia Container Terminals Ltd. (ACT) has signed a $437 million project financing agreement backing the construction and development of Container Terminal 9 at Tsing Yi Island in Hong Kong, according to company officials. The signing of the loan agreement has added significance because it is the first project financing completed in Hong Kong since the Asian financial crisis, an officials said.

Finance

SOS from Hanjin Shipping

The creditors' extended help is crucial for survival of Hanjin Shipping Co as its negotiations with owners of chartered ships over a cut in leasing rates and to

NParks, Keppel in S$2.08 mln Partnership for Restoring Singapore Forest Wetlands

The National Parks Board (NParks) and Keppel Corporation today unveiled plans for a partnership to restore the freshwater forest wetland ecosystem historically

Skaugen Goes to Red Again

Norwegian Marine Transportation Service Company I.M. Skaugen SE reported interim losses but cautiously positive and expecting a gradual recovery of trading opportunities

 
 
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