Hong Kong Cargo Flow Up 8%

Monday, June 11, 2001
Hong Kong's total port cargo throughput rose by eight percent year-on-year during the first quarter of 2001 to 43.1 million tons. Of the total, inward port cargo increased by eight percent to 26.8 million tons, while outward port cargo increased by nine percent to 16.3 million tons. Compared with the previous quarter, on a seasonally adjusted basis, total port cargo throughput rose by four percent in the first quarter of 2001. Hong Kong's port handled 4.2 million TEUs during the quarter, an increase of four percent on the year.

Offshore

US Offshore Lease Sale Yields $18 Mln in High Bids

Today’s U.S. oil and gas Lease Sale 248 garnered $18,067,020 in high bids for 24 tracts covering 138,240 acres in the Western Gulf of Mexico Planning Area, announced

Canada May Ask Far-offshore Drillers to Pay Extra

Canada may ask oil companies to contribute to the hundreds of millions of dollars or more the country has to pay to an international body if they drill far offshore,

MISC Enters Thai Offshore O&G Market

Energy related maritime solutions and services provider MISC Berhad (MISC) has made inroads into Thailand’s offshore oil and gas market for the first time.

Ports

Vitol's Malaysia Terminal Suspends Ops after Spill

VTTI, the storage unit of world's largest oil trader Vitol, has suspended operations at its terminal in southern Malaysia following an oil spill, two industry sources said on Friday.

Shenzhen Port to Adopt China ECA Regulation

China's Shenzhen port is set to to adopt requirements for ships at berth requiring to burn marine fuel with sulfur content not exceeding 0.5 percent starting October this year,

Cochin Port Gets a Little 'Breathing Space'

The Cabinet Committee on Economic Affairs of India, chaired by the Prime Minister Narendra Modi, has given its approval for waiver of penal interest on Government

 
 
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