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Annual Report 2020 Financial Highlights
Contents 3 Financial Highlights 4 Corporate Information 5 Business Location 6 Chairman’s Statement 12 Report of the Directors 58 Directors and Senior Management 63 Corporate Governance Report 81 Independent Auditor’s Report 87 Consolidated Statement of Financial Position 89 Consolidated Statement of Profit or Loss 90 Consolidated Statement of Profit or Loss and Other Comprehensive Income 91 Consolidated Statement of Changes in Equity 93 Consolidated Cash Flow Statement 95 Notes to the Financial Statements 179 Five-Year Financial Summary Sail on Friendly Waters to Favour the World Work Together to Create and Share Good Fortune By virtue of persistence, grittiness and perception, CKSG is committed to Guangdong- Hong Kong-Macao market, sets sail to new Silk Road and has become one of the largest waterway passenger transportation operators in the world and one of the largest navigation logistics operators in Guangdong-Hong Kong-Macao Great Bay Area. In active response to the national initiatives of “Guangdong-Hong Kong-Macao Great Bay Area” and “Belt and Road”, the Company seizes opportunities to build its five platforms for cross-border passenger transportation, Hong Kong transportation, terminal logistics, “Belt and Road” investment and capital operation, so as to accelerate business transformation and upgrading and promote innovation and development, with an aim to develop into an exemplary enterprise in implementing national initiatives, a pioneer in developing Guangdong-Hong Kong-Macao Great Bay Area and a leader of the terminal navigation industry in the Great Bay Area. CKSG will jointly create rich fortune, jointly enjoy great achievements and grasp the future with its stakeholders. -
An Efficient Method for Simulating Typhoon Waves Based on A
Journal of Marine Science and Engineering Article An Efficient Method for Simulating Typhoon Waves Based on a Modified Holland Vortex Model Lvqing Wang 1,2,3, Zhaozi Zhang 1,*, Bingchen Liang 1,2,*, Dongyoung Lee 4 and Shaoyang Luo 3 1 Shandong Province Key Laboratory of Ocean Engineering, Ocean University of China, 238 Songling Road, Qingdao 266100, China; [email protected] 2 College of Engineering, Ocean University of China, 238 Songling Road, Qingdao 266100, China 3 NAVAL Research Academy, Beijing 100070, China; [email protected] 4 Korea Institute of Ocean, Science and Technology, Busan 600-011, Korea; [email protected] * Correspondence: [email protected] (Z.Z.); [email protected] (B.L.) Received: 20 January 2020; Accepted: 23 February 2020; Published: 6 March 2020 Abstract: A combination of the WAVEWATCH III (WW3) model and a modified Holland vortex model is developed and studied in the present work. The Holland 2010 model is modified with two improvements: the first is a new scaling parameter, bs, that is formulated with information about the maximum wind speed (vms) and the typhoon’s forward movement velocity (vt); the second is the introduction of an asymmetric typhoon structure. In order to convert the wind speed, as reconstructed by the modified Holland model, from 1-min averaged wind inputs into 10-min averaged wind inputs to force the WW3 model, a gust factor (gf) is fitted in accordance with practical test cases. Validation against wave buoy data proves that the combination of the two models through the gust factor is robust for the estimation of typhoon waves. -
Alerts Issued As Heavy Rain Forecast To
4 | Monday, August 3, 2020 HONG KONG EDITION | CHINA DAILY CHINA Rice transplant Bone DNA Alerts issued of missing as heavy rain student discovered By CANG WEI in Nanjing forecast to hit [email protected] Police in Golmud, Qinghai Two typhoons bring downpours and province, said on Saturday that gales amid threat to flood infrastructure DNA testing has confirmed that bone tissue discovered in the Hoh Xil Nature Reserve By HOU LIQIANG China is expected to be hit by more belonged to a female college stu- [email protected] typhoons than average this month, dent who had been reported Xiang Chunyi, a senior engineer missing since early July. Two typhoons and a monsoon are with the center, said. The Golmud public security expected to lash vast areas in south- Since 1949, an average of 1.9 bureau said police found an ID ern and northern China with down- typhoons have made landfall in Chi- card, student card and other pours in the coming four days, na each August, but two to three are items belonging to the missing authorities warned. expected this month, she said. student, Huang Yumeng, in a The National Meteorological Cen- Also on Sunday, the center issued Volunteers help transplant rice seedlings in Lu’an, Anhui province, on Sunday. To help ease losses depopulated area on the south ter issued a blue alert, the lowest in a blue alert for severe convective caused by flooding, Party volunteers and local agricultural experts were dispatched to plant crops side of the Qingshui River in the the country’s four-tier color-coded weather, which is characterized by with farmers. -
Situation Update 1
SITUATION UPDATE 1 1. HIGHLIGHTS a. The combination of weather systems (Tropical Storms LINFA and NANGKA, and the Inter Tropical Convergence Zone combined with cold air) affected the Lower Mekong Region. This resulted in widespread flooding and landslides in multiple provinces of Cambodia, Lao PDR, and Viet Nam. b. Severe Tropical Storm SAUDEL is forecasted to hit Central Viet Nam on 25 October 2020. This will be the third tropical cyclone to impact the central provinces within three consecutive weeks. c. The floods, landslides, storms, and winds in Central Viet Nam affected an estimated 801K people, 160K houses, 112.8K hectares of land damaged or destroyed, 42 commune health stations (Quang Tri: 32; Quang Ngai: 5; Quang Nam: 4; and one regional clinic), 362 educational institutions, 14.7 km of roads, and the loss of 462K livestock (cattle and poultry). About 26.3 km of coastal landslide was also reported. Casualties were also reported (111 dead and 22 missing*). *highest number reported as of 21 October 2020 source: VNDMA d. The Government of Viet Nam identified several humanitarian needs: 6,500 tons of rice**, 5.5 tons of dried food, 20,000 boxes of instant noodles, medicines, disinfectants, and search and rescue equipment. **the Government of Viet Nam will shoulder rice provision e. The UN Resident Coordinator in Viet Nam provided a report summarising sectoral needs for Education, Food Security, Health & Nutrition, Protection & Gener, Shelter, and Water, Sanitation and Hygiene. f. Viet Nam Disaster Management Authority (VNDMA) has organised response missions to the affected provinces. It has also maintained close coordination with its partners. -
Appendix 8: Damages Caused by Natural Disasters
Building Disaster and Climate Resilient Cities in ASEAN Draft Finnal Report APPENDIX 8: DAMAGES CAUSED BY NATURAL DISASTERS A8.1 Flood & Typhoon Table A8.1.1 Record of Flood & Typhoon (Cambodia) Place Date Damage Cambodia Flood Aug 1999 The flash floods, triggered by torrential rains during the first week of August, caused significant damage in the provinces of Sihanoukville, Koh Kong and Kam Pot. As of 10 August, four people were killed, some 8,000 people were left homeless, and 200 meters of railroads were washed away. More than 12,000 hectares of rice paddies were flooded in Kam Pot province alone. Floods Nov 1999 Continued torrential rains during October and early November caused flash floods and affected five southern provinces: Takeo, Kandal, Kampong Speu, Phnom Penh Municipality and Pursat. The report indicates that the floods affected 21,334 families and around 9,900 ha of rice field. IFRC's situation report dated 9 November stated that 3,561 houses are damaged/destroyed. So far, there has been no report of casualties. Flood Aug 2000 The second floods has caused serious damages on provinces in the North, the East and the South, especially in Takeo Province. Three provinces along Mekong River (Stung Treng, Kratie and Kompong Cham) and Municipality of Phnom Penh have declared the state of emergency. 121,000 families have been affected, more than 170 people were killed, and some $10 million in rice crops has been destroyed. Immediate needs include food, shelter, and the repair or replacement of homes, household items, and sanitation facilities as water levels in the Delta continue to fall. -
Briefing Note on Typhoon Goni
Briefing note 12 November 2020 PHILIPPINES KEY FIGURES Typhoon Goni CRISIS IMPACT OVERVIEW 1,5 million PEOPLE AFFECTED BY •On the morning of 1 November 2020, Typhoon Goni (known locally as Rolly) made landfall in Bicol Region and hit the town of Tiwi in Albay province, causing TYPHOON GONI rivers to overflow and flood much of the region. The typhoon – considered the world’s strongest typhoon so far this year – had maximum sustained winds of 225 km/h and gustiness of up to 280 km/h, moving at 25 km/h (ACT Alliance 02/11/2020). • At least 11 towns are reported to be cut off in Bato, Catanduanes province, as roads linking the province’s towns remain impassable. At least 137,000 houses were destroyed or damaged – including more than 300 houses buried under rock in Guinobatan, Albay province, because of a landslide following 128,000 heavy rains caused by the typhoon (OCHA 09/11/2020; ECHO 10/11/2020; OCHA 04/11/2020; South China Morning Post 04/11/2020). Many families will remain REMAIN DISPLACED BY in long-term displacement (UN News 06/11/2020; Map Action 08/11/2020). TYPHOON GONI • As of 7 November, approximately 375,074 families or 1,459,762 people had been affected in the regions of Cagayan Valley, Central Luzon, Calabarzon, Mimaropa, Bicol, Eastern Visayas, CAR, and NCR. Of these, 178,556 families or 686,400 people are in Bicol Region (AHA Centre 07/11/2020). • As of 07 November, there were 20 dead, 165 injured, and six missing people in the regions of Calabarzon, Mimaropa, and Bicol, while at least 11 people were 180,000 reported killed in Catanduanes and Albay provinces (AHA Centre 07/11/2020; UN News 03/11/2020). -
Pacific ENSO Update: 2Nd Quarter 2015
2nd Quarter, 2015 Vol. 21, No. 2 ISSUED: May 29h, 2015 Providing Information on Climate Variability in the U.S.-Affiliated Pacific Islands for the Past 20 Years. http://www.prh.noaa.gov/peac CURRENT CONDITIONS The weather and climate of the central and western and travelled westward toward the Philippines. When tropical Pacific through April 2015 was extraordinary, with another typhoon formed in early February, a whole new forecast noteworthy extremes of rainfall, typhoons and oceanic response scenario opened: El Niño might strengthen and persist through to strong atmospheric forcing. The most damaging climatic 2015. The same suite of climate indicators that had predicted El extreme was the occurrence of a super typhoon (Maysak) that Niño in the first few months of 2014 was once again present in swept across Micronesia leaving a trail of destruction from even greater force in early 2015. This includes heavy rainfall in Chuuk State westward through Yap State, with Ulithi the RMI, early season typhoons, westerly wind bursts on the experiencing a devastating direct strike. A selection of equator, and falling sea level. During early March, a major additional weather and climate highlights includes: westerly wind burst occurred that led to the formation of the (1) Republic of Marshals Islands (RMI) -- record- tropical cyclone twins Bavi and Pam (Fig. 3). This westerly setting heavy daily and monthly rainfall on some atolls; wind burst (WWB) and associated tropical cyclone outbreak (2) Western North Pacific -- abundant early season shown in Figure 3 registered as the highest value of the Madden- tropical cyclones (5 in 4 months); Julian Oscillation (MJO) ever recorded (Fig. -
Improving Electoral System (Consolidated Amendments) Bill 2021
《2021 年完善選舉制度 ( 綜合修訂 ) 條例草案》 Improving Electoral System (Consolidated Amendments) Bill 2021 C1164 C1165 《2021 年完善選舉制度 ( 綜合修訂 ) 條例草案》 Improving Electoral System (Consolidated Amendments) Bill 2021 目錄 Contents 條次 頁次 Clause Page 第 1 部 Part 1 導言 Preliminary 1. 簡稱及生效日期 ................................................................... C1266 1. Short title and commencement ............................................. C1267 2. 修訂成文法則 ....................................................................... C1270 2. Enactments amended ............................................................ C1271 第 2 部 Part 2 修訂《緊急情況 ( 換屆選舉日期 ) ( 第七屆立法會 ) 規例》( 第 241 章,附屬法 Amendments to Emergency (Date of General Election) (Seventh Term of the 例 L) Legislative Council) Regulation (Cap. 241 sub. leg. L) 3. 修訂第 2 條 ( 釋義 ) .............................................................. C1272 3. Section 2 amended (interpretation) ....................................... C1273 4. 修訂第6 條 ( 新定換屆選舉日期以及選舉法應用於 4. Section 6 amended (new date of general election and 2021 年選舉的方式 ) ............................................................ C1272 application of electoral law to 2021 election) ....................... C1273 第 3 部 Part 3 修訂《選舉管理委員會條例》及其附屬法例 Amendments to Electoral Affairs Commission Ordinance and its Subsidiary Legislation 第 1 分部——《選舉管理委員會條例》( 第 541 章 ) Division 1—Electoral Affairs Commission Ordinance (Cap. 541) 5. 修訂第 2 條 ( 釋義 ) .............................................................. C1276 5. Section 2 amended (interpretation) ...................................... -
Typhoon Sarika
Emergency Plan of Action (EPoA) Philippines: Typhoon Sarika DREF Operation: MDRPH021 Glide n° TC-2016-000108-PHL Date of issue: 19 October 2016 Date of disaster: 16 October 2016 Operation manager: Point of contact: Patrick Elliott, operations manager Atty. Oscar Palabyab, secretary general IFRC Philippines country office Philippine Red Cross Operation start date: 16 October 2016 Expected timeframe: 3 months (to 31 January 2017) Overall operation budget: CHF 169,011 Number of people affected: 52,270 people (11,926 Number of people to be assisted: 8,000 people families) (1,600 families) Host National Society: Philippine Red Cross (PRC) is the nation’s largest humanitarian organization and works through 100 chapters covering all administrative districts and major cities in the country. It has at least 1,000 staff at national headquarters and chapter levels, and approximately one million volunteers and supporters, of whom some 500,000 are active volunteers. At chapter level, a programme called Red Cross 143, has volunteers in place to enhance the overall capacity of the National Society to prepare for and respond in disaster situations. Red Cross Red Crescent Movement partners actively involved in the operation: PRC is working with the International Federation of Red Cross and Red Crescent Societies (IFRC) in this operation. The National Society also works with the International Committee of the Red Cross (ICRC) as well as American Red Cross, Australian Red Cross, British Red Cross, Canadian Red Cross, Finnish Red Cross, German Red Cross, Japanese Red Cross Society, The Netherlands Red Cross, Norwegian Red Cross, Qatar Red Crescent Society, Spanish Red Cross, and Swiss Red Cross in-country. -
Influence of Wind-Induced Antenna Oscillations on Radar Observations
DECEMBER 2020 C H A N G E T A L . 2235 Influence of Wind-Induced Antenna Oscillations on Radar Observations and Its Mitigation PAO-LIANG CHANG,WEI-TING FANG,PIN-FANG LIN, AND YU-SHUANG TANG Central Weather Bureau, Taipei, Taiwan (Manuscript received 29 April 2020, in final form 13 August 2020) 2 ABSTRACT:As Typhoon Goni (2015) passed over Ishigaki Island, a maximum gust speed of 71 m s 1 was observed by a surface weather station. During Typhoon Goni’s passage, mountaintop radar recorded antenna elevation angle oscillations, with a maximum amplitude of ;0.28 at an elevation angle of 0.28. This oscillation phenomenon was reflected in the reflectivity and Doppler velocity fields as Typhoon Goni’s eyewall encompassed Ishigaki Island. The main antenna oscillation period was approximately 0.21–0.38 s under an antenna rotational speed of ;4 rpm. The estimated fundamental vibration period of the radar tower is approximately 0.25–0.44 s, which is comparable to the predominant antenna oscillation period and agrees with the expected wind-induced vibrations of buildings. The re- flectivity field at the 0.28 elevation angle exhibited a phase shift signature and a negative correlation of 20.5 with the antenna oscillation, associated with the negative vertical gradient of reflectivity. FFT analysis revealed two antenna oscillation periods at 0955–1205 and 1335–1445 UTC 23 August 2015. The oscillation phenomenon ceased between these two periods because Typhoon Goni’s eye moved over the radar site. The VAD analysis-estimated wind speeds 2 at a range of 1 km for these two antenna oscillation periods exceeded 45 m s 1, with a maximum value of approxi- 2 mately 70 m s 1. -
Typhoon Hagupit – Situation Report (20:30 Manila Time)
TYPHOON HAGUPIT NR. 1 7 DECEMBER 2014 Typhoon Hagupit – Situation Report (20:30 Manila Time) GENERAL INFORMATION - Typhoon Hagupit made landfall on Saturday 6 December at 9:15 pm in Dolores, Eastern Samar. After weakening to a Category 2 typhoon, Hagupit then made a second landfall in Cataingan, Masbate on Sunday 7 December. - Typhoon Hagupit has maintained its strength and is now (8:00 pm Manila Time) over the vicinity of Aroroy, Masbate. According to PAGASA’s weather bulletin issued today, 7 December at 18:00, the expected third landfall over Sibuyan Island will be between 02:00 – 04:00 in the morning tomorrow and will be associated with strong winds, storm surge and heavy to torrential rainfall. Hagupit is expected to exit the Philippine Area of Responsibility (PAR) on Thursday morning. - The typhoon is not as powerful as Typhoon Haiyan but Hagupit is moving slowly through the Philippines meaning prolonged rainfall and an increased likelihood of flooding and landslides. Currently the extent of damage is not yet clear. The authorities will send an assessment mission tomorrow to Region VIII where some municipalities in Eastern and Northern Samar are thought to have sustained heavier damage. Signal no. 1 has been issued in Manila, down from Signal no. 2 this morning Forecast Positions: - 24 hour (tomorrow afternoon): 60 km East of Calapan City, Oriental Mindoro or at 160 km South of Science Garden, Quezon City. - 48 hour (Tuesday afternoon): 170 km Southwest of Science Garden, Quezon City. - 72 hour (Wednesday afternoon): 400 km West of Science Garden, Quezon City. TYPHOON HAGUPIT NR. -
觀鳥者天堂: a Bird- 米埔自然保護區 Watcher’S Paradise
Hong Kong Bird Report 香港鳥類報告 2013 Ad_Steiner_201501_BirdWatching_147x210_HKBWS_HK_OL.indd 1 23/2/2015 10:56:16 Published in May 2015 2015年5月出版 The Hong Kong Bird Watching Society 香港觀鳥會 (Incorporated in Hong Kong with limited liability by guarantee 於香港註冊成立的無股本擔保有限公司) 7C, V Ga Building, 532 Castle Peak Road , Lai Chi Kok, Kowloon , Hong Kong, China 中國香港九龍荔枝角青山道532號偉基大廈7樓C室 Chief Editor: John Allcock 主編:柯祖毅 Editors: Gary Chow and Geoff Welch 編輯:周家禮, Geoff Welch 版權所有,不准翻印 All rights reserved. Copyright © HKBWS Printed on 100% recycled paper and with soy ink 以100%再造紙及環保大豆油墨印製 Front Cover 封面: Whiskered Tern Chlidonias hybrida 鬚浮鷗 Lut Chau, 6th October 2013 甩洲2013年10月6日 Martin Hale 夏敖天 香 港 漁 塘 生 態 保 育 計 劃 Hong Kong Fishpond Conservation Scheme Hong Kong Fishpond Conservation Scheme 香港觀鳥會得到環境及自然保育基金資助,自2012年起,與百多位新界西北漁民合 作,開展「香港漁塘生態保育計劃」,以提升漁塘的生態價值,並向公眾推廣漁塘 保育的訊息。 Since 2012, HKBWS has organized “Hong Kong Fishpond Conservation Scheme”funded by Environment and Conservation Fund. More than 100 fish- ermen in the NW New Territories joined hands to enhance the ecological value of fishpond and convey the message of fishpond conservation to the general public. 生境管理 漁塘導賞團 Habitat Management Fishpond Ecotour 導賞員訓練 漁塘教育園地 生態調查 展覽 Ecotour Guide Trainig Fishpond Education Kiosk Ecological Survey Exhibition 香 港 漁 塘 生 態 保 育 計 劃 Hong Kong Fishpond The Hong Kong Bird Watching Society 香港觀鳥會 Conservation Scheme Hong Kong Fishpond Conservation Scheme Committees and Officers 2015 香港觀鳥會得到環境及自然保育基金資助,自2012年起,與百多位新界西北漁民合 作,開展「香港漁塘生態保育計劃」,以提升漁塘的生態價值,並向公眾推廣漁塘 保育的訊息。 Since 2012, HKBWS has organized “Hong Kong Fishpond Conservation Scheme”funded by Environment and Conservation Fund. More than 100 fish- ermen in the NW New Territories joined hands to enhance the ecological value of fishpond and convey the message of fishpond conservation to the general public.