DOCSLIB.ORG

China's Maritime Silk Road Initiative

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
China's Maritime Silk Road Initiative CHINA’S MARITIME SILK ROAD INITIATIVE: IMPLI- CATIONS FOR THE GLOBAL MARITIME SUPPLY CHAIN (116–37) HEARING BEFORE THE SUBCOMMITTEE ON COAST GUARD AND MARITIME TRANSPORTATION OF THE COMMITTEE ON TRANSPORTATION AND INFRASTRUCTURE HOUSE OF REPRESENTATIVES ONE HUNDRED SIXTEENTH CONGRESS FIRST SESSION OCTOBER 17, 2019 Printed for the use of the Committee on Transportation and Infrastructure ( Available online at: https://www.govinfo.gov/committee/house-transportation?path=/ browsecommittee/chamber/house/committee/transportation U.S. GOVERNMENT PUBLISHING OFFICE 41–367 PDF WASHINGTON : 2020 VerDate Aug 31 2005 17:49 Sep 22, 2020 Jkt 000000 PO 00000 Frm 00001 Fmt 5011 Sfmt 5011 P:\HEARINGS\116\CGMT\10-17-~1\TRANSC~1\41367.TXT JEAN TRANSPC154 with DISTILLER COMMITTEE ON TRANSPORTATION AND INFRASTRUCTURE PETER A. DEFAZIO, Oregon, Chair ELEANOR HOLMES NORTON, SAM GRAVES, Missouri District of Columbia DON YOUNG, Alaska EDDIE BERNICE JOHNSON, Texas ERIC A. ‘‘RICK’’ CRAWFORD, Arkansas RICK LARSEN, Washington BOB GIBBS, Ohio GRACE F. NAPOLITANO, California DANIEL WEBSTER, Florida DANIEL LIPINSKI, Illinois THOMAS MASSIE, Kentucky STEVE COHEN, Tennessee MARK MEADOWS, North Carolina ALBIO SIRES, New Jersey SCOTT PERRY, Pennsylvania JOHN GARAMENDI, California RODNEY DAVIS, Illinois HENRY C. ‘‘HANK’’ JOHNSON, JR., Georgia ROB WOODALL, Georgia ANDRE´ CARSON, Indiana JOHN KATKO, New York DINA TITUS, Nevada BRIAN BABIN, Texas SEAN PATRICK MALONEY, New York GARRET GRAVES, Louisiana JARED HUFFMAN, California DAVID ROUZER, North Carolina JULIA BROWNLEY, California MIKE BOST, Illinois FREDERICA S. WILSON, Florida RANDY K. WEBER, SR., Texas DONALD M. PAYNE, JR., New Jersey DOUG LAMALFA, California ALAN S. LOWENTHAL, California BRUCE WESTERMAN, Arkansas MARK DESAULNIER, California LLOYD SMUCKER, Pennsylvania STACEY E. PLASKETT, Virgin Islands PAUL MITCHELL, Michigan STEPHEN F. LYNCH, Massachusetts BRIAN J. MAST, Florida SALUD O. CARBAJAL, California, Vice Chair MIKE GALLAGHER, Wisconsin ANTHONY G. BROWN, Maryland GARY J. PALMER, Alabama ADRIANO ESPAILLAT, New York BRIAN K. FITZPATRICK, Pennsylvania TOM MALINOWSKI, New Jersey JENNIFFER GONZA´ LEZ-COLO´ N, GREG STANTON, Arizona Puerto Rico DEBBIE MUCARSEL-POWELL, Florida TROY BALDERSON, Ohio LIZZIE FLETCHER, Texas ROSS SPANO, Florida COLIN Z. ALLRED, Texas PETE STAUBER, Minnesota SHARICE DAVIDS, Kansas CAROL D. MILLER, West Virginia ABBY FINKENAUER, Iowa GREG PENCE, Indiana JESU´ S G. ‘‘CHUY’’ GARCI´A, Illinois ANTONIO DELGADO, New York CHRIS PAPPAS, New Hampshire ANGIE CRAIG, Minnesota HARLEY ROUDA, California VACANCY SUBCOMMITTEE ON COAST GUARD AND MARITIME TRANSPORTATION SEAN PATRICK MALONEY, New York, Chair RICK LARSEN, Washington BOB GIBBS, Ohio STACEY E. PLASKETT, Virgin Islands DON YOUNG, Alaska JOHN GARAMENDI, California RANDY K. WEBER, SR., Texas ALAN S. LOWENTHAL, California BRIAN J. MAST, Florida ANTHONY G. BROWN, Maryland MIKE GALLAGHER, Wisconsin CHRIS PAPPAS, New Hampshire, Vice Chair CAROL D. MILLER, West Virginia VACANCY SAM GRAVES, Missouri (Ex Officio) PETER A. DEFAZIO, Oregon (Ex Officio) (ii) VerDate Aug 31 2005 17:49 Sep 22, 2020 Jkt 000000 PO 00000 Frm 00002 Fmt 5905 Sfmt 5905 P:\HEARINGS\116\CGMT\10-17-~1\TRANSC~1\41367.TXT JEAN TRANSPC154 with DISTILLER CONTENTS Page Summary of Subject Matter .................................................................................... v STATEMENTS OF MEMBERS OF THE COMMITTEE Hon. Sean Patrick Maloney, a Representative in Congress from the State of New York, and Chairman, Subcommittee on Coast Guard and Maritime Transportation: Opening statement ........................................................................................... 1 Prepared statement .......................................................................................... 3 Hon. Bob Gibbs, a Representative in Congress from the State of Ohio, and Ranking Member, Subcommittee on Coast Guard and Maritime Transpor- tation: Opening statement ........................................................................................... 4 Prepared statement .......................................................................................... 5 Hon. Peter A. DeFazio, a Representative in Congress from the State of Or- egon, and Chairman, Committee on Transportation and Infrastructure: Opening statement ........................................................................................... 6 Prepared statement .......................................................................................... 7 Hon. Sam Graves, a Representative in Congress from the State of Missouri, and Ranking Member, Committee on Transportation and Infrastructure, prepared statement .............................................................................................. 73 WITNESSES PANEL 1 Chad Sbragia, Deputy Assistant Secretary of Defense for China, Office of the Secretary of Defense: Oral statement .................................................................................................. 9 Joint prepared statement of Mr. Sbragia and Lieutenant General Tuck .... 12 Lieutenant General Giovanni K. Tuck, Director for Logistics, J4, Joint Chiefs of Staff: Oral statement .................................................................................................. 11 Joint prepared statement of Lieutenant General Tuck and Mr. Sbragia .... 12 Carolyn Bartholomew, Chairwoman, United States-China Economic and Secu- rity Review Commission: Oral statement .................................................................................................. 17 Prepared statement .......................................................................................... 19 PANEL 2 Jonathan E. Hillman, Director, Reconnecting Asia Project, Center for Stra- tegic and International Studies: Oral statement .................................................................................................. 42 Prepared statement .......................................................................................... 43 Jeffrey D. Becker, Ph.D., Research Program Director, Indo-Pacific Security Affairs, CNA: Oral statement .................................................................................................. 47 Prepared statement .......................................................................................... 49 Kathleen A. Walsh, Associate Professor of National Security Affairs, U.S. Naval War College: Oral statement .................................................................................................. 58 Prepared statement .......................................................................................... 60 (iii) VerDate Aug 31 2005 17:49 Sep 22, 2020 Jkt 000000 PO 00000 Frm 00003 Fmt 5905 Sfmt 5905 P:\HEARINGS\116\CGMT\10-17-~1\TRANSC~1\41367.TXT JEAN TRANSPC154 with DISTILLER iv Page SUBMISSIONS FOR THE RECORD Letter of October 17, 2019, from Scott N. Paul, President, Alliance for Amer- ican Manufacturing, Submitted for the Record by Hon. Sean Patrick Malo- ney ......................................................................................................................... 73 Joint Statement of Kathryn Waldron, Fellow, National Security and Cyberse- curity, R Street Institute and Kristen Nyman, Government Affairs Spe- cialist, National Security and Cybersecurity, R Street Institute, Submitted for the Record by Hon. Sean Patrick Maloney .................................................. 76 Statement of the United Steelworkers, Submitted for the Record by Hon. Sean Patrick Maloney .......................................................................................... 78 APPENDIX Questions from Hon. Sean Patrick Maloney to Chad Sbragia, Deputy Assist- ant Secretary of Defense for China, Office of the Secretary of Defense .......... 81 Questions from Hon. Rick Larsen to Chad Sbragia, Deputy Assistant Sec- retary of Defense for China, Office of the Secretary of Defense ...................... 81 Questions from Hon. Sean Patrick Maloney to Lieutenant General Giovanni K. Tuck, Director for Logistics, J4, Joint Chiefs of Staff .................................. 82 Questions from Hon. Rick Larsen to Lieutenant General Giovanni K. Tuck, Director for Logistics, J4, Joint Chiefs of Staff ................................................. 83 Questions from Hon. Anthony G. Brown to Lieutenant General Giovanni K. Tuck, Director for Logistics, J4, Joint Chiefs of Staff .................................. 84 Questions from Hon. Sean Patrick Maloney to Carolyn Bartholomew, Chair- woman, United States-China Economic and Security Review Commission .... 84 Questions from Hon. Rick Larsen to Carolyn Bartholomew, Chairwoman, United States-China Economic and Security Review Commission .................. 85 Questions from Hon. Sean Patrick Maloney to Jonathan E. Hillman, Director, Reconnecting Asia Project, Center for Strategic and International Studies ... 89 Questions from Hon. Rick Larsen to Jonathan E. Hillman, Director, Recon- necting Asia Project, Center for Strategic and International Studies ............. 89 Questions from Hon. Sean Patrick Maloney to Jeffrey D. Becker, Ph.D., Research Program Director, Indo-Pacific Security Affairs, CNA ..................... 90 Questions from Hon. Rick Larsen to Jeffrey D. Becker, Ph.D., Research Pro- gram Director, Indo-Pacific Security Affairs, CNA ........................................... 91 Questions from Hon. Sean Patrick Maloney to Kathleen A. Walsh, Associate Professor of National Security Affairs, U.S. Naval War
Load more

Recommended publications
  • China's Merchant Marine
    “China’s Merchant Marine” A paper for the China as “Maritime Power” Conference July 28-29, 2015 CNA Conference Facility Arlington, Virginia by Dennis J. Blasko1 Introductory Note: The Central Intelligence Agency’s World Factbook defines “merchant marine” as “all ships engaged in the carriage of goods; or all commercial vessels (as opposed to all nonmilitary ships), which excludes tugs, fishing vessels, offshore oil rigs, etc.”2 At the end of 2014, the world’s merchant ship fleet consisted of over 89,000 ships.3 According to the BBC: Under international law, every merchant ship must be registered with a country, known as its flag state. That country has jurisdiction over the vessel and is responsible for inspecting that it is safe to sail and to check on the crew’s working conditions. Open registries, sometimes referred to pejoratively as flags of convenience, have been contentious from the start.4 1 Dennis J. Blasko, Lieutenant Colonel, U.S. Army (Retired), a Senior Research Fellow with CNA’s China Studies division, is a former U.S. army attaché to Beijing and Hong Kong and author of The Chinese Army Today (Routledge, 2006).The author wishes to express his sincere thanks and appreciation to Rear Admiral Michael McDevitt, U.S. Navy (Ret), for his guidance and patience in the preparation and presentation of this paper. 2 Central Intelligence Agency, “Country Comparison: Merchant Marine,” The World Factbook, https://www.cia.gov/library/publications/the-world-factbook/fields/2108.html. According to the Factbook, “DWT or dead weight tonnage is the total weight of cargo, plus bunkers, stores, etc., that a ship can carry when immersed to the appropriate load line.
    [Show full text]
  • Leaping Across the Ocean.Pdf
    STRATEGY Leaping across the ocean The port operators behind China’s naval expansion Charlie Lyons Jones and Raphael Veit February 2021 About the authors Charlie Lyons Jones is a researcher in ASPI’s Defence and Strategy Program, where he assesses developments in the People’s Liberation Army, Taiwan–China relations and East Asian security. Proficient in Mandarin, Charlie was one of the analysts who helped build the China Defence Universities Tracker, which is the world’s most comprehensive database of institutions in China that conduct research into military science and weapons technology. Charlie has deep experience working on China, having interned at the Australian Trade and Investment Commission in Beijing and at the Lowy Institute’s East Asia Program in Sydney. Charlie’s commentary on Chinese foreign and defence policy has appeared in publications such as The National Interest, The Strategist, The Interpreter, Real Clear Defense and The Diplomat. His expert opinion has been quoted in major media outlets such as The Economist and the South China Morning Post. He has also appeared on 7 News, SBS World News and ABC News Radio. Before joining ASPI, Charlie read an MSc at the University of Oxford, where he won the Contemporary China Studies Scholarship from the School of Global and Area Studies. At Oxford, he was a member of St Antony’s College and wrote a dissertation on the influence of Communist Party ideology on naval doctrine under Xi Jinping. Charlie also holds a BA from the University of Melbourne and has studied abroad at Peking University, Fudan University and National Taiwan University.
    [Show full text]
  • Annual Report of the Company for the Year 2020
    THIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this circular, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this circular. If you are in any doubt as to any aspect of this circular or as to the action to be taken, you should consult your stockbroker or other registered dealer in securities, bank manager, solicitor, professional accountant, independent adviser or other professional adviser. If you have sold or otherwise transferred all your shares in China Merchants Securities Co., Ltd., you should at once hand this circular and the enclosed form of proxy to the purchaser or the transferee or to the bank, stockbroker or other agent through whom the sale or transfer was effected for transmission to the purchaser or the transferee. (A joint stock company incorporated in the People’s Republic of China with limited liability) (Stock Code: 6099) ANNUAL REPORT OF THE COMPANY FOR THE YEAR 2020, THE PROFIT DISTRIBUTION PLAN OF THE COMPANY FOR 2020, THE BUDGET FOR THE PROPRIETARY INVESTMENT OF THE COMPANY FOR 2021, THE ENGAGEMENT OF THE AUDITORS OF THE COMPANY FOR 2021, CONTEMPLATED ORDINARY RELATED PARTY TRANSACTIONS OF THE COMPANY FOR 2021, THE PROVISION OF GUARANTEES BY CMS INTERNATIONAL AND ITS WHOLLY-OWNED SUBSIDIARIES, SHAREHOLDERS’ RETURN PLAN (2021-2023) OF THE COMPANY, THE PROPOSED APPOINTMENT OF NON-EXECUTIVE DIRECTOR, GRANT OF GENERAL MANDATE TO ISSUE ADDITIONAL H SHARES AND NOTICE OF 2020 ANNUAL GENERAL MEETING A letter from the Board is set out on pages 3 to 12 of this circular.
    [Show full text]
  • China Merchants Port Group Co., Ltd. Interim Report 2020
    CHINA MERCHANTS PORT GROUP CO., LTD. INTERIM REPORT 2020 Date of Disclosure: 29 August 2020 1 China Merchants Port Group Co., Ltd. Interim Report 2020 Part I Important Notes, Table of Contents and Definitions The Board of Directors (or the “Board”), the Supervisory Committee as well as the directors, supervisors and senior management of China Merchants Port Group Co., Ltd. (hereinafter referred to as the “Company”) hereby guarantee the factuality, accuracy and completeness of the contents of this Report and its summary, and shall be jointly and severally liable for any misrepresentations, misleading statements or material omissions therein. Bai Jingtao, the Company’s legal representative, Lu Yongxin, the Company’s Acting Chief Financial Officer, and Sun Ligan, the person-in-charge of the accounting organ hereby guarantee that the financial statements carried in this Report are factual, accurate and complete. All the Company’s directors have attended the Board meeting for the review of this Report and its summary. Any forward-looking statements such as future plans or development strategies mentioned herein shall not be considered as the Company’s promises to investors. And investors are reminded to exercise caution when making investment decisions. Possible risks faced by the Company and countermeasures have been explained in “Part IV Operating Performance Discussion and Analysis” herein, which investors are kindly reminded to pay attention to. Securities Times, Shanghai Securities News, Ta Kung Pao (HK) and www.cninfo.com.cn have been designated by the Company for information disclosure. And all information about the Company shall be subject to what’s disclosed on the aforesaid media.
    [Show full text]
  • The Lloyd's List Top
    Lloyd’s List One Hundred | Edition Seven The most influential people in the shipping industry Maritime intelligence | CONTENTS The rankings Top 10 lists 04 | 37 | Introduction Marine insurance top 10 08 | 51 | Numbers 1-10 Ship finance top 10 26 | 64 | Numbers 11-20 Regulation top 10 40 | 81 | Numbers 21-30 Maritime lawyers top 10 55 | 132 | Numbers 31-40 Classification top 10 70 | 140 | Numbers 41-50 Box ports top 10 82 | Numbers 51-60 93 | Numbers 61-70 104 | Numbers 71-80 116 | Numbers 81-90 128 | Numbers 91-102 Top 100 Editor Chief executive Advertising Production Manager No part of this publication may be reproduced, Helen Kelly Michael Dell Mark Leech stored in a retrieval system, or transmitted in any form or by any means electronic, mechanical, Lloyd’s List Managing Editor Head of Marketing Services Design photographic, recorded or otherwise without the Richard Meade Fergus Gregory Kapusniak Design written permission of the publisher of Lloyd’s List. Lloyd’s List Asia Editor Advertising Sales Printing Lloyd’s List is available online in every country Abdul Hadhi To advertise please email: St Ives plc in the world by placing a subscription with the [email protected] Lloyd’s List Deputy Editor Editoral, advertising and sponsorship inquiries: publishers in London, Informa UK Ltd. Please place Craig Eason Head of Sales – Maritime Marketing Services Lloyd’s List, Christchurch Court, 10-15 Newgate your order with the Lloyd’s List marketing team at Rafael Fernandes Street, London, EC1A 7AZ Lloyd’s List News Editor Informa. This special supplement is issued free to Tel: +44 (0)20 7017 5000 Gary Howard Asia Pacific subscribers.
    [Show full text]
  • Download Lloyd's List Top
    Appeared in the top 10 in: 2010 2011 2012 2013 2014 (Left) Nigel White, Technical Manager Hydrodynamics and (Right) Zhenhong Wang, Lead Specialist from LR’s Marine Technology & Engineering Services Structural Analysis and Hydrodynamics, Southampton. They test the limits of your ship so you don’t have to Here’s to today’s explorers. Our research shows that today’s ever bigger container ships could be more at risk of structural failure. Using the latest hydrodynamics techniques and the facilities at LR’s Global Technology Centre, our experts can analyse the structural strength and fatigue of the newest large ship designs, for numerous sea conditions and operational speeds. We can provide the solutions you need to have confidence in the structural integrity of your ships. www.lr.org/strength Working together for a safer world Lloyd’s Register and variants of it are trading names of Lloyd’s Register Group Limited, its subsidiaries and affiliates. Copyright © Lloyd’s Register Group Limited 2014. A member of the Lloyd’s Register group. CD3532_LR_Marine_Advertising_Press_Ads_A4_AW.indd 1 07/11/2014 14:11:27 Contents THE RANKINGS TOP LISTS 04 Introduction 28 Top 10 port operators 08 Numbers 1-10 41 Top 10 insurance 30 Numbers 11-20 53 Top 10 regulators 47 Numbers 21-30 68 Top 10 classification 56 Numbers 31-40 76 Top 10 brokers 65 Numbers 41-50 89 Top 10 finance 81 Numbers 51-60 100 Data: Shipping is a numbers game 92 Numbers 61-70 101 Top 10 lawyers 99 Numbers 71-80 107 Numbers 81-90 113 Numbers 91-100 Top 100 Editor Julian McGrath Printing Lloyd’s List is available online in every Nicola Good Karen Thomas ESP Colour country in the world by placing a Lloyd's List Editor Fred Williams Editoral, advertising and sponsorship subscription with the publishers in Richard Meade Felicity Monckton inquiries London, Informa UK Ltd.
    [Show full text]
  • China International Marine Containers (Group) Co., Ltd
    Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”) take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. CHINA INTERNATIONAL MARINE CONTAINERS (GROUP) CO., LTD. 中國國際海運集裝箱（集團）股份有限公司 (a joint stock company incorporated in the People’s Republic of China with limited liability) (H Share Stock Code: 2039) (A Share Stock Code: 000039) RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2018 (SUMMARY OF THE 2018 ANNUAL REPORT) 1 IMPORTANT NOTICE 1.1 The board of directors (the “Board”) of China International Marine Containers (Group) Co., Ltd. (the “Company”), the Supervisory Committee and the directors, supervisors and senior management of the Company warrant that there are no misrepresentations, misleading statements or material omissions contained in this results announcement for the year ended 31 December 2018 (the “Announcement”), and individually and collectively accept full responsibility for the truthfulness, accuracy and completeness of the information contained in this summary of the annual report for the year ended 31 December 2018 (the “2018 Annual Report”). The Announcement is published on the websites of the Hong Kong Stock Exchange (www.hkexnews.hk) and the Company (www.cimc.com). The Announcement is a summary of the 2018 Annual Report and the full version of the 2018 Annual Report will be posted on the above websites in due course. 1.2 The 2018 Annual Report and the Announcement have been considered and approved at the 3rd meeting of the 8th session of the Board in 2019 (the “Board Meeting”).
    [Show full text]
  • Pacific Unity”
    目 录 动态 03 交通运输部部长李小鹏莅临中国国际交通技术与设备展览会CCS展台 03 交通运输部副部长何建中出席中国船级社干部大会 04 中国船级社举行渔检转隶人员欢迎仪式 04 中国船级社2018年远洋渔业船舶客户会议在京举行 05 CCS与中国进出口银行签署全面合作框架协议 05 CCS与交通部救捞局共谋保障海上人命财产环境新篇章 06 希腊DIANA航运公司总裁Palios先生到访CCS 06 LR全球船舶及海工业务总裁Nick Brown先生到访CCS 06 莫鉴辉书记接待万海航运股份有限公司拜访 07 世界最大级别集装箱船“中远海运宇宙”轮命名交付 07 CCS海外技术中心颁发首张船舶原则认可（AiP）证书 08 中国代表团在第99届海安会介绍中国智能船的研究和实践 08 中国船级社亮相国际海洋石油技术展览会（OTC） 编 印 中国船级社 地 址 北京市东直门南大街9号船检大厦 邮 编 100007 电 话 +86 10 58112206/58112218 传 真 +86 10 58112902 《中国船检》杂志公众帐号 网 址 www.cssponline.com 邮 箱 [email protected] 新浪官方微博 @中国船检杂志 发送对象 管理人员及技术人员 安卓 iOS 2018年6月出版（内部刊物） 承印单位 北京地大天成印务有限公司 2018年第3期 （总第33期） 印 数 3000册 扫码关注《中国船检》杂志社APP PB 伙伴 11 Contents News 03 Li Xiaopeng, the Minister of MOT visited CCS exhibition stand on the 14th “China International Traffic Technology and Equipment Exhibition” 03 He Jianzhong, deputy minister of the ministry of transport attended the cadre conference of china classification society 04 CCS and china rescue and salvage of ministry of transport of the people’s republic of china draw up together the blueprint for the future of protection of life, property and environment 05 CCS and the export-import bank of china signed a comprehensive cooperation framework agreement 05 Mr. Palios, president of DIANA shipping company(Greece) visited CCS 06 Mr. Nick Brown, President of LR Global Marine and Offshore Business visited CCS 06 Mo Jianhui met with visitors from Wan Hai Lines Ltd. 06 CCS Overseas Technical Center Issues the First AiP Certificate New Deliveries 07 400,000 tons VLOC “Yuan He Hai” 07 Open-top container ship “HUANG HAI 1” 08 400,000 tons VLOC “ORE HONG KONG” 08 38800 dwt handysize bulk carrier “GREAT AGILITY” 09 20000TEU container ship “COSCO Shipping Virgo” 07 09 Stainless steel chemical carrier “He Zhong 5” 10 113,000 ton crude oil / product oil tanker “PUROVSKY” 10 400,000 tons VLOC “PACIFIC UNITY” Edited and Printed by CCS Add: CCS Mansion, 9 Dong Zhimen Nan Dajie, Beijing China.
    [Show full text]
  • Ndj JVSD & LMM 180517 23 Numéro Double
    dimanche 20 mai 2018 7:44 Objet : NdJ JVSD & LMM 180517_23 numéro double Date : dimanche 20 mai 2018 07:42 De : AssociationAAM <[email protected]> À : Membres AssocAAM <[email protected]> Catégorie : NDJ ! NOUVELLES du JOUR ! ! INFOLETTRE INTERNE ET CONFIDENTIELLE DE L’ASSOCIATION DES ADMINISTRATEURS DES AFFAIRES MARITIMES N°1180517_23 diffusion étendue par accord entre associations aux PEM membres de l’AP3M « À LA MER, TOUT SE TIENT, LES SCIENCES & LES ARTS, LES ARMES & LES LOIS ! » ! PROCHAINS RDV AAM ET AP3M (détails et autres prévisions dans la partie agenda – s’inscrire par retour de mail) Ce sera le 24 mai pour le BNW du CMF et le 19 juin pour au coquetel dinatoire du CMF. S’inscrire asap. ! UNE MAISON POUR LA MER : un message du CMF « Depuis 12 ans, le Cluster Maritime Français est engagé à vos côtés pour promouvoir une ambition maritime pour notre pays, pour son économie et pour une croissance bleue alliant harmonieusement développement avec durabilité. Ce sont plus de 440 adhérents qui arborent fièrement la bannière du Cluster. Unis, ils forment cette mosaïque maritime française qui reflète l’immense potentiel de notre économie bleue. Aujourd’hui la France maritime a une voix, le Cluster maritime français. Demain, il lui faut une maison. Dans cet esprit de rassemblement, « seul on va vite, ensemble on va loin » et afin de renforcer la visibilité du monde maritime et son action au service du développement économique, nous avons le projet d’ouvrir à Paris une « Maison de la Mer ». Cette Maison de la mer à Paris serait notre unité gravée dans la pierre, le lieu où les maritimes travaillent ensemble, leur port d’attache au cœur de la capitale.
    [Show full text]
  • APEC Port Development Reoort 2018
    2018 APEC Port Development Reoort 2018 1 2 2018 APEC Port Development Report www.apecpsn.org APEC Port Services Network (APSN) is an international organization established in response to the directives of the 14th APEC Economic Leaders’ Meeting in 2006 and with the support of all leaders from APEC member economies to promote exchanges and cooperation among ports and port-related industries in the Asia-Pacific region. The mandate of the APSN is to facilitate trade and investment and enhance supply chain security by strengthening economic cooperation, capacity building, information and personnel exchanges among port and port-related industries and services in the region, so as to achieve the common prosperity of the APEC member economies as a whole. Ever since establishment of APSN, as a complimentary service for port-related industries in the Asia-Pacific region, APEC Port Development Report has published 8 issues. This report focuses on the development of Asia-Pacific ports in 2018, covering trade, ocean shipping, port infrastructure and operation, laws and regulations, intelligent and sustainable development. With its detailed statistics, and in-depth analyses, APEC Port Development Report has become an important reference for those engaging in port-related industries. The APSN secretariat sincerely welcomes your advice, and we hope that ports and organizations can contribute variously valuable information so that we can follow the development of the industry even closer, and provide our readers with more accurate information in a more
    [Show full text]
  • China Merchants Port Group Co., Ltd. Annual Report 2019
    CHINA MERCHANTS PORT GROUP CO., LTD. ANNUAL REPORT 2019 Date of disclosure: 16 April 2020 China Merchants Port Group Co., Ltd. Annual Report 2019 Chairman’s Statement Dear shareholders, I hereby present to you the annual report of China Merchants Port Group Co., Ltd. and its subsidiaries (the “Company”) for the year ended 31 December 2019. On behalf of the Board, I would like to express my sincere gratitude to all of you for your long-term support to the Company. The Company is a crucial vehicle for CMG to implement the “Belt and Road” Initiative promoted by China and the “Guangdong-Hong Kong-Macao Greater Bay Area” strategy. The Company is also the headquarters of CMG’s port sector and the operating and management platform for the port assets and tier one capital of CMG which plays a key role in the consolidation and synergistic development of CMG’s port assets, and has become the world’s leading port investor, developer and operator. Looking ahead, the Company will take actions and strive to be a world-class comprehensive port service provider. While expanding the port ecosystem with a focus on core port businesses and promoting the construction of “Intelligent Port” under the guidance of technology innovation; it will proactively take part in international port investment, development and operation, so as to optimize the port network system on a continuous basis and achieve balanced development on a regional level. By offering professional top-notch solutions, it will become customers’ partner of choice for cooperation, which will create greater value for the Company, enhance return for shareholders and contribute to the healthy development of the port industry and the continuous growth of the global trade.
    [Show full text]
  • Steady Operation and Clear Blueprint, Maintain “Buy”
    股 票 研 [Table_Title] Company Report: China Merchants Port (00144 HK) Spencer Fan 范明 究 (86755) 2397 6686 Equity Research 公司报告： 招商局港口 (00144 HK) [email protected] 13 October 2017 Steady[Table_Summary Operation] and Clear Blueprint, Maintain “Buy” 主业稳健，蓝图清晰，维持“买入” 1H17 results stable. Revenue rose 5.4% YoY to HK$4,055 mn, in line with [Table_Rank] expectations, mainly due to increased contribution from CIMC. Shareholders’ Rating: Buy Maintained profit surged 86.3% YoY to HK$3,148 mn, exceeding expectations, mainly 公 due to the HK$813 mn disposal gain from CIMC. Port operations remained 评级： 买入 (维持) 司 stable. 报 CMP’s horizontal competition case was expected to be solved within 3 6[Table_Price]-18m TP 目标价 : HK$27.20 告 years. In late August 2017, CMP entrusted SCW to handle Mega SCT in Revised from 原目标价: HK$27.20 Shekou, Shenzhen. We expect CMP to gradually consolidate its western Company Report Shenzhen homebase assets amid China’s upcoming wave of port Share price 股价： HK$23.600 consolidation. CMP’s Shenzhen division will also benefit from economic growth of the Guangdong-Hong Kong-Macau Greater Bay Area. CMP continued its expansion both domestically and internationally. In Stock performance Brazil, CMP acquired a 90% share in its second largest port, TCP, for R$2.89 股价表现 bn (HK$7,228 mn). TCP’s operations cover 45% of Brazil’s population and [Table_QuotePic] 35.0 % of return 48% GDP. Domestically, CMP plans to acquire 51% of Zhongshan Port 30.0 Group for RMB484.5 mn, implying a 12.5x 2016 PER and 2.0 x 2016 PBR.
    [Show full text]