Hong Kong Airlines ' overcapacity in Hong Kong group Restructuring Logistics company

Source: Internet
Author: User
Keywords Logistics companies overcapacity Hong Kong Airlines
"There is still excess capacity in the Hong Kong shipping industry.  May 28, the Shanghai International Port Group Co., Ltd. (600018,SH) president "Mr Chen in an interview with this reporter, make the above judgment.  A year ago, China's Hong Kong airlines suffered from the impact of the financial crisis into a downturn, "Mr Chen that the overall capacity of the Hong Kong Airlines surplus; a year later, Port shipping, import and export of various types of data generally warmer, Chen still adhere to the judgment of overcapacity. The Hong Kong group will transform the port development mode this year.  "Mr Chen says that by adjusting some of the asset layouts, there are overcapacity. June 1, the group will form the upper port group of Yangtze River Port Logistics Co., Ltd. (hereinafter referred to as "Changjiang Company"), with this platform to integrate Shanghai Shipping Co., Ltd., Jiangsu Aerospace International Shipping Agency Co., Ltd., Chongqing East Haven Container Terminals Co., Ltd., Sichuan Yibin Port Limited liability company, such as 18 enterprises.  In addition, the Hong Kong group's external participation in the Belgian Zeebrugge (Zeebrugge) Wharf company has been completed.  The asset layout adjustment and internal and external repair, the Hong Kong group can withstand the downturn in the industry? The three strategies of the group are the integration of the Changjiang overseas strategy, the Northeast Asia strategy and the Changjiang strategy.  The important step of the Changjiang strategy is now drop: June 1, the Yangtze River Company will officially open.  "Mr Chen that in the context of overcapacity in the Hong Kong shipping industry, the Hong Kong group must change its growth pattern" to further strengthen structural adjustment and resource layout adjustment ". From 2003 to 2008, the Hong Kong group has reached more than 10 joint ventures with key ports along the Yangtze River.  Specifically, with the Yangtze River upstream of the Chongqing Port Group to reach strategic cooperation, the participation of the Yangtze River in the middle of the important hub port Wuhan Port group, and the Yangtze River downstream of Nanjing Port joint venture Longtan container port.  In September 2009, the Shang Hong Kong Group gained a 20% stake in Chongqing Minsheng Steamer, which increased the discourse power in the field of shipping logistics. "But the various terminals along the Yangtze River are dispersed and need to set up a new platform and combine the dots and lines by forming the Yangtze River Company," he said.  "" Mr Chen said.  The newly established Yangtze River Company is set up by the Hong Kong group wholly owned, the management assets mainly include fleet, port, logistics Park, warehouse, agent, total assets nearly 10 billion yuan. Among them, the operating fleet of nearly 100 vessels, container ship capacity in the country ranked fifth, operating routes covering the entire Yangtze River basin, with the world's major shipping companies to maintain long-term cooperative relations; Operating port resources including the Yangtze River Valley Chongqing, Wuhan, Jiujiang, Nanjing, Jiangyin, Changsha, Yibin and other main ports,  And in some ports to set up large-scale logistics parks and warehouses for the major feeder companies and customers to provide services. "Mr Chen to the reporter disclosed that the Yangtze River Company will be the company's management rights and business relations into its own, assets and equity will gradually be included. "The exchange of shares will take a long time and the first unified management is to achieve results as soon as possible." "In Chen's view, the Hong Kong group in the Yangtze River Valley Investment Layout," is to provide a logistics support for the development of the whole basin, reduce theThe cost of logistics in western region improves its effectiveness. On the contrary, the development of the Yangtze River Basin business has greatly promoted and helped to form the position of Shanghai Port's international hub port, which complements each other and complements each other. "The participation Zeebrugge not only locates the international hinge port, but must echo inside and outside."  The participation of Belgian Zeebrugge Wharf Corporation is the first step in the internationalization strategy of the Hong Kong group.  Founded in 2006, Zeebrugge Wharf is responsible for the operation of a container terminal in Hong Kong and has been wholly owned by Maersk's APM Terminal (APM terminals).  According to information provided by Maersk, Zeng, a delegation of Chinese and Belgian officials, visited the Zeebrugge Wharf in September 2006, and facilitated the signing of APM Terminals and the Hong Kong group in Brussels. In accordance with the 2006 framework Agreement, the Hong Kong Group intends to acquire 40% per cent of the Zeebrugge Pier Company.  The takeover plan was shelved in 2008 as the financial crisis swept through the global port industry. In 2009, Maersk Group, after a huge loss, overall adopted a contraction strategy. Since 2010, Maersk has transferred part of the container terminal assets at Kaohsiung Port and Yantian port.  At the same time, with the Hong Kong group to restart the Zeebrugge Wharf trading negotiations, after repeated discussions, the Hong Kong group eventually to 27.16 million euros, the acquisition of Zeebrugge Wharf company 25% of the stake, APM Wharf Company holds another 75% equity.  It is understood that the Hong Kong group will actually participate in the day-to-day operation of the terminal company by providing senior managers, including deputy general managers. Zeebrugge Port is one of the four deepwater ports on the North Sea coast of continental Europe, the largest gas transshipment port in Europe and the sixth largest container port in Europe.  Zeebrugge container Terminals, the annual throughput capacity of 850,000 standard boxes, the forefront of water depth of 16 meters, shore line length of 900 meters, yard area of 450,000 square meters, can withstand 22 standard boxes at the same time loading and unloading.  "Mr Chen introduction, the investment Zeebrugge Wharf has two factors to consider: first, the Zeebrugge port has a good geographical advantage, the prospect of China-EU trade is broad, the port will also have a great growth space; Secondly, the Hong Kong group and Maersk are long-term partners and the" Overseas investment strategy "is also the preferred Maersk cooperation. According to Martin Gaard Christiansen, chief executive of the Asia Pacific, APM Terminal, Guixin is working closely with Shanghai on shipping, logistics, multimodal transport and material sourcing.  It is worth mentioning that, just last December, APM Terminals Asia-Pacific headquarters has moved to Shanghai.  According to the letter, APM and the Port Group's cooperation operation Zeebrugge Wharf "There is a great deal of complementarity, by playing their own advantages, to Zeebrugge terminal users and investors to create a world-class good assets." "The Zeebrugge of the Hong Kong group is only the first step in the overseas strategy." The group insiders revealed that there are stillIn the search for other overseas investment projects, and there are some projects in negotiations.
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