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COSCO Pacific
COSCO Shipping Ports Limited, stylized as COSCO SHIPPING Ports is a Hong Kong listed company and investor in ports. The company is formerly known as COSCO Pacific Limited and was an indirect subsidiary of China Ocean Shipping (Group) Company (COSCO) and now part of its successor, China COSCO Shipping group. It is mainly engaged in container terminal operations, container manufacturing and leasing, shipping agency and freight forwarding. COSCO Pacific was a Hang Seng Index constituent ( blue chip) from 2003 to 2014. COSCO Pacific also a red chip company so that it once considered as a purple chip company. History COSCO Pacific Limited is a Bermuda incorporated company and was a subsidiary of China Ocean Shipping (Group) Company (COSCO). In 1994, it became a listed company in the Stock Exchange of Hong Kong (SEHK). At that time, Hong Kong is a British colony and not yet handover back to the People's Republic of China. After the 1997 handover, Hong Kong still has a separate j ...
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Listed Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange ( listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), in F ...
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Bermuda
) , anthem = "God Save the King" , song_type = National song , song = "Hail to Bermuda" , image_map = , map_caption = , image_map2 = , mapsize2 = , map_caption2 = , subdivision_type = Sovereign state , subdivision_name = , established_title2 = English settlement , established_date2 = 1609 (officially becoming part of the Colony of Virginia in 1612) , official_languages = English , demonym = Bermudian , capital = Hamilton , coordinates = , largest_city = Hamilton , ethnic_groups = , ethnic_groups_year = 2016 , government_type = Parliamentary dependency under a constitutional monarchy , leader_title1 = Monarch , leader_name1 = Charles III , leader_title2 = Governor , leader_name2 = Rena Lalgie , leader_title3 = Premier , leader_name3 = Edward David Burt , legislature = Parliament , upper_house = Senate , lower_house = House of Assembly , area_km2 = 53.2 , area_sq_mi = 20.54 , area_rank = , percent_water = 27 , elevation_max_m = 7 ...
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Pasir Panjang
Pasir Panjang is an area located at the southern part of Queenstown in Singapore. Kent Ridge Park is a topographical feature which runs adjacent to Pasir Panjang. History Pasir Panjang Road, which once hugged the coastline, was laid down as far as the Jurong River by John Turnbull Thomson by 1850. Thomson was Government Surveyor of Singapore from 1841 to 1853. In 1910, the Government took over the opium industry and a state-owned factory was established at Pasir Panjang. In February 1942, the Battle of Pasir Panjang took place here. This was one of Singapore's last major battle between the Japanese and the British armed forces. The Japanese victory resulted in the Fall of Singapore. Many soldiers from the 1st Malaya Infantry Brigade such as Adnan bin Saidi died here. Since the late 1960s, the whole length of the coast, from the Singapore River to Jurong, has been reclaimed for wharves, almost entirely devoted to containerisation. The coastal area at Pasir Panjang has ...
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China COSCO Holdings
China COSCO Shipping Corporation Limited, abbreviated as COSCO Shipping, is a Chinese state-owned multinational conglomerate headquartered in Shanghai. The group is focused on marine transportation services. COSCO Shipping was established in January 2016 by the merger of COSCO Group and China Shipping Group. As of March 2020, the company's fleet was among the largest in the world – 1310 vessels with a capacity of 105.92 million DWT. Predecessors COSCO China Ocean Shipping (Group) Company, founded in 1961 and headquartered in Beijing, was a Chinese state-owned multinational transportation conglomerate. It was the largest dry bulk carrier in China and one of the largest dry bulk shipping operators worldwide. In addition, the Group is the largest liner carrier in China. Its container shipping subsidiary – COSCO Container Lines – was one of the world's top 10 container carriers in terms of fleet capacity. COSCO was among China's top 15 brands in 2012. China Shipping ...
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Port Of Piraeus
The Port of Piraeus ( el, Λιμάνι του Πειραιά) is the chief sea port of Athens, Greece, located on the Saronic Gulf on the western coasts of the Aegean Sea, the largest port in Greece and one of the largest in Europe. The Chinese state-owned COSCO Shipping owns the port. History The Port of Piraeus served as the port of Athens since ancient times. Early Antiquity Until the 3rd millennium BC, Piraeus was a rocky island connected to the mainland by a low-lying stretch of land that was flooded with sea water most of the year. It was then that the area was increasingly silted and flooding ceased, thus permanently connecting Piraeus to Attica and forming its ports, the main port of Cantharus and the two smaller of Zea and Munichia. In 493 BC, Themistocles initiated the fortifications of Piraeus and later advised the Athenians to take advantage of its natural harbours' strategic potential. In 483 BC, the Athenian fleet left the older harbour of Phaleron and it was ...
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PSA International
PSA International Pte Ltd is a port operator and supply chain company, with flagship operations in Singapore and Antwerp. One of the largest port operators in the world, PSA has terminals across 26 countries, including deepsea, rail and inland facilities. PSA is also involved in distripark and marine services. History Under the 1912 Straits Settlements Port Ordinance, the Singapore Harbour Board was formed on 1 July 1913. On 1 April 1964, the Port of Singapore Authority came into being under the 1963 Port of Singapore Authority Ordinance to replace the Singapore Harbour Board and several organisations that have been operating in the port. In the 1970s, PSA started building a container port in Singapore, and in 1972, handled their first container ship. A decade later, they reached the milestone of one-million-TEU of number of containers processed. They later reached the 5 million TEU mark by 1990, making Singapore at the time as the world’s largest container port. The company b ...
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Xinhua News Agency
Xinhua News Agency (English pronunciation: )J. C. Wells: Longman Pronunciation Dictionary, 3rd ed., for both British and American English, or New China News Agency, is the official state news agency of the People's Republic of China. Xinhua is a ministry-level institution subordinate to the State Council and is the highest ranking state media organ in China. Xinhua is a publisher as well as a news agency. Xinhua publishes in multiple languages and is a channel for the distribution of information related to the Chinese government and the ruling Chinese Communist Party (CCP). Its headquarters in Beijing are located close to the central government's headquarters at Zhongnanhai. Xinhua tailors its pro-Chinese government message to the nuances of each audience. Xinhua has faced criticism for spreading propaganda and disinformation and for criticizing people, groups, or movements critical of the Chinese government and its policies. History The predecessor to Xinhua was t ...
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Qingdao Qianwan Container Terminal
Qingdao Qianwan Container Terminal is a port of China, located at Qianwan (literally The Front Bay), Qingdao, Shandong province. Qingdao Port ranked 10th in 2008 world's busiest container ports with 10,320 thousands TEU, current projects were expected to raise the capacity to 15,000 thousands or more. Phase 2 & 3 were held by Qingdao Qianwan Container Terminal Co., Ltd (QQCT), a joint venture of Qingdao Port (Group) Co. Ltd. (31%), Dubai Ports World (was held by P&O) (29%), COSCO Pacific (20% interests, 18.18% voting power) and A. P. Moller-Maersk Group (20%). Phase 2 and 3 had 11 berths. Phase 4, as Qingdao New Qianwan Terminal (QQCTN), located in south bank, was a joint venture of Qingdao Qianwan Container Terminal Co., Ltd, (80% interests) and Pan Asia International Shipping Ltd. (20% interests), which started to build in 2007. In 2009, the first 4 out of 10 berths started to operate. Co-currently, China Merchants Holdings (International) reached an agreement with Q ...
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Liu Chong Hing Bank
Chong Hing Bank is a bank founded in Hong Kong in 1948. It is headquartered in Central, while the back offices are located in Western District and Mong Kok. It was owned by the Liu family of Hong Kong until it was acquired by the Chinese state-owned Yue Xiu Group in 2014. History The bank was founded as Liu Chong Hing Bank in Hong Kong in 1948 by Liu Po-shan (廖寶珊), who migrated to Hong Kong from Chiuchow shortly before the Japanese occupation of the territory began in 1942. He entered the property business and subsequently banking in 1948, working from an office on Wing Lok Street in Western. In 1955 the company became a savings bank with branches. It suffered a bank run for several days from 14 June 1961, which managing director Liu Po-sang blamed on "malicious rumours by rivals". The rumours said that the bank was under police investigation. The panic partially subsided by 17 June 1961 after the Hong Kong Police affirmed that there was no such investigation and afte ...
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List Of Busiest Container Ports
This article lists the world's busiest container ports (ports with container terminals that specialize in handling goods transported in intermodal shipping containers), by total number of twenty-foot equivalent units (TEUs) transported through the port. The table lists volume in thousands of TEU per year. The vast majority of containers moved by large, ocean-faring container ships, are 20-foot (1 TEU), and 40-foot (2 TEU) ISO-standard shipping containers, with 40-foot units outnumbering 20-foot units to such an extent, that the actual number of containers moved is between 55%–60% of the number of TEUs counted.Assuming that all boxes are either counted as 1 or 2 TEUs (which is pretty much the case), and that for every 20-foot / single TEU box, there are at least ''two'' 40-foot (or other 2 TEU) units (meaning 2 × 2 = 4 TEUs) in circulation, the 40-footers represent at least 80% of the TEU volume; and for every 10 TEUs, on average, at least 80% of them must be divided by two, to ...
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Kwai Tsing Container Terminals
Kwai Tsing Container Terminals is the main port facilities in the reclamation along Rambler Channel between Kwai Chung and Tsing Yi Island, Hong Kong. It evolved from four berths of Kwai Chung Container Port () completed in the 1970s. It later expanded with two berths in the 1980s. Two additional terminals are added adjoining to Stonecutters Island in the 1990s and was renamed Kwai Chung Container Terminals. In the 2000s, Container Terminal 9 on the Tsing Yi Island was completed and the entire facility was renamed to ''Kwai Tsing Container Terminals''. It has been the eighth-busiest container port in the world since 2019, just after Shanghai, Singapore, Ningbo-Zhoushan, Shenzhen, Guangzhou, Busan and Qingdao. History The Container Committee was appointed by the Governor Sir David Trench on 12 July 1966 to advise the government on the containerisation revolution in cargo handling. In early 1967 the committee declared that Hong Kong had to build the capacity to handle con ...
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Hongkong International Terminals
Hongkong International Terminals Limited (HIT) () is one of several key container port operators in the Port of Hong Kong owned by Hutchison Port Holdings, which is the largest port operator in Hong Kong and the world. HIT operates 12 berths in Terminal 4, 6, 7 and 9 (North) of Kwai Tsing Container Terminals. It also set up a joint-venture (COSCO-HIT) with COSCO Pacific to operate 2 berths in Terminal 8 (East). In 2005, Hutchison Whampoa sold 20% shares of HIT (including the 20% of 50% = 10% rights of Terminal 8 East) to PortCapital Ltd (a company that major shareholder was PSA International at that time). A year later, Hutchison Whampoa sold 20% shares of its wholly subsidiary Hutchison Port Holdings to PSA International. In 2009, China Resources China Resources Holdings Company Limited (), or simply China Resources, is a Chinese state-owned conglomerate that owns a variety of businesses in Hong Kong and Mainland China. Some of its subsidiaries use the name in the f ...
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