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Frank Tsao
Tan Sri Frank Tsao Wen-king (; 1925 – 12 August 2019) was a Chinese-born entrepreneur who established shipping and textiles businesses in Hong Kong, Malaysia, Singapore and Thailand. Tsao took over his family shipping business in Shanghai and moved it to Hong Kong when the Communists took over China. He founded International Maritime Carriers (IMC Group) in Hong Kong, before moving it to Singapore in the early 1990s. Tsao helped build Singapore into an international shipping hub, and co-founded MISC and Unithai, the national shipping companies of Malaysia and Thailand, respectively, as well as Suntec City in Singapore. For his contributions, he was awarded the nobility title Tan Sri by the King of Malaysia, the Silver Bauhinia Star of Hong Kong, and the Honorary Citizen Award, Singapore's highest honour for non-citizens. Early life in Shanghai Tsao Wen-king was born in 1925 in Shanghai, into a moderately wealthy business family. His grandfather started a shipping company on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shanghai
Shanghai (; , , Standard Mandarin pronunciation: ) is one of the four direct-administered municipalities of the People's Republic of China (PRC). The city is located on the southern estuary of the Yangtze River, with the Huangpu River flowing through it. With a population of 24.89 million as of 2021, Shanghai is the most populous urban area in China with 39,300,000 inhabitants living in the Shanghai metropolitan area, the second most populous city proper in the world (after Chongqing) and the only city in East Asia with a GDP greater than its corresponding capital. Shanghai ranks second among the administrative divisions of Mainland China in human development index (after Beijing). As of 2018, the Greater Shanghai metropolitan area was estimated to produce a gross metropolitan product (nominal) of nearly 9.1 trillion RMB ($1.33 trillion), exceeding that of Mexico with GDP of $1.22 trillion, the 15th largest in the world. Shanghai is one of the world's major centers for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Import Quota
An import quota is a type of trade restriction that sets a physical limit on the quantity of a good that can be imported into a country in a given period of time. Quotas, like other trade restrictions, are typically used to benefit the producers of a good in that economy (protectionism). Quota share The quota share is a specified number or percentage of the allotment as a whole quota, that is prescribed to each individual entity. For example, the United States imposes an import quota on cars from Japan. The Japanese government may see fit to impose a quota share program to determine the number of cars each Japanese car manufacturer may export to the United States. Any extra number that a manufacturer wishes to export must be negotiated with another manufacturer that did not or cannot maximize its share of the quota. There are also quota share insurance programs, where the liability and the premiums are divided proportionally among the insurers. For example, three companies take o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tongji University
Tongji University () is a comprehensive public research university located in Shanghai. Established in 1907 by the German government together with German physicians in Shanghai, Tongji is one of the longest-standing, most selective, and most prestigious universities in China under the Project 985 and Double First Class University Plan. It is a Chinese state Class A Double First Class University. Tongji University is renowned for its engineering, architecture and business programs. The university possesses a faculty of more than 2,803 scholars, including 27 members from the Chinese Academy of Sciences and the Chinese Academy of Engineering. Currently, Tongji University owns 29 colleges, 8 affiliated hospitals, and 6 affiliated primary and secondary schools. Tongji University consistently features in the top 300th global universities. The U.S. News & World Report Best Global University Ranking ranks Tongji University at 15th worldwide in engineering. The College of Civil Engine ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shanghai Maritime University
Shanghai Maritime University (SMU; ) is a public university in Shanghai, People's Republic of China. Shanghai Maritime University is multidisciplinary with six fields of study: Engineering, Management, Economics, Literature, Science and Law. It is one of the best Chinese universities for specialization in maritime, shipping and transport education. Shanghai Maritime University is a local university. The school ranks No.147 in Mainland China oShanghaiRanking2020. The school was ranked at No.231 in Mainland China on the Chinese university ranking (Wu Shulian) in 2019. History *1909: Shanghai Industrial College, with the Shipping Section *1911: The Merchant Marine College under the Ministry of Post and Transport, with the Navigation Section *1912: Wusong (Woosung) Merchant Marine School, with the Navigation Section *1929: Wusong Merchant Marine College under the Ministry of Transport, with the Navigation Section *1930: Wusong Merchant Marine College, with the Marine Engineering S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shanghai Jiao Tong University
Shanghai Jiao Tong University (SJTU; ) is a public research university in Shanghai, China. The university is funded by the Ministry of Education of China. The university was established on April 8, 1896 as Nanyang Public School (南洋公學) by an imperial edict. The university is a member of the C9 League, Double First Class University Plan, Project 985, and Project 211. The university underwent a number of reformations and gained its current name in 1959. Shanghai Second Medical University was merged into the university on July 18, 2005. Name The word "Jiao Tong" (), or historically, "Chiao Tung", means transportation or communication. It reflects the university's root — it was founded by the Ministry of Posts and Communications of the late Qing dynasty. Jiao Tong or Chiao Tung could be translated as transport but it also means "extending in all directions". Engineering and managerial sciences are major academic focuses at the various Jiaotong universities, but not ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dalian University Of Technology
Dalian University of Technology (DUT) (), colloquially known in Chinese as Dagong (), is a public research university located in Dalian, Liaoning, China, with an additional campus in Panjin, Liaoning. Established in April 1949, it is the first formal university of a new type founded by the Chinese Communist Party on the eve of the founding of the People’s Republic of China, for the construction of China's industrial system. Formerly called the Dalian Institute of Technology, DUT is renowned as one of the Big Four Institutes of Technology in China. In 1996, DUT started the implementation of "Project 211" construction, with the joint efforts of the Ministry of Education, Liaoning Province and Dalian City; In 2001, the university started to implement the "Project 985" Construction, by the Ministry of Education, Liaoning Province and Dalian City; In September 2017, approved by the State Council, DUT was selected into the “Double First Class University Plan”, as a Class ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dalian Maritime University
Dalian Maritime University () is a university located in Dalian, Liaoning, China. It is a key maritime institution under the Ministry of Transport of the People's Republic of China, and is a Chinese state Double First Class University Plan university identified by the Ministry of Education. History The long history of the university can be traced back to 1909, when the Nanyang Institute in Shanghai established a Shipping Management Section. DMU was founded in 1953 through the merger of three merchant marine institutions: Shanghai Nautical College, the Northeast Navigation College and Fujian Navigation School. At the time its name was Dalian Marine College, and it was the only maritime college in China. In 1960, DMU was designated a national key institution of higher education. Later in 1983, the Asia-Pacific Region Maritime Training Center was established at DMU by the United Nations Development Program (UNDP) and the IMO, and in 1985, a branch of the World Maritime Univ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National University Of Singapore
The National University of Singapore (NUS) is a national public research university in Singapore. Founded in 1905 as the Straits Settlements and Federated Malay States Government Medical School, NUS is the oldest autonomous university in the country. It offers degree programmes in a wide range of disciplines at both the undergraduate and postgraduate levels, including in the sciences, medicine and dentistry, design and environment, law, arts and social sciences, engineering, business, computing, and music. NUS is one of the most highly-ranked academic institutions in the world. It has consistently featured in the top 30 of the Quacquarelli Symonds (QS) World University Rankings and the Times Higher Education (THE) World University Rankings, and in the top 100 of the Academic Ranking of World Universities (ARWU). As of 2022-2023, NUS is 11th worldwide according to QS and 19th worldwide according to THE. NUS's main campus is located in the southwestern part of Singapore, adja ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bulk Carriers
A bulk carrier or bulker is a merchant ship specially designed to transport unpackaged bulk cargo — such as grains, coal, ore, steel coils, and cement — in its cargo holds. Since the first specialized bulk carrier was built in 1852, economic forces have led to continued development of these ships, resulting in increased size and sophistication. Today's bulk carriers are specially designed to maximize capacity, safety, efficiency, and durability. Today, bulk carriers make up 21 percent of the world's merchant fleets, and they range in size from single-hold mini-bulk carriers to mammoth ore ships able to carry 400,000 metric tons of deadweight (DWT). A number of specialized designs exist: some can unload their own cargo, some depend on port facilities for unloading, and some even package the cargo as it is loaded. Over half of all bulk carriers have Greek, Japanese, or Chinese owners, and more than a quarter are registered in Panama. South Korea is the largest single bu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tanker (ship)
A tanker (or tank ship or tankship) is a ship designed to transport or store liquids or gases in bulk. Major types of tankship include the oil tanker, the chemical tanker, and gas carrier. Tankers also carry commodities such as vegetable oils, molasses and wine. In the United States Navy and Military Sealift Command, a tanker used to refuel other ships is called an oiler (or replenishment oiler if it can also supply dry stores) but many other navies use the terms tanker and replenishment tanker. Tankers were first developed in the late 19th century as iron and steel hulls and pumping systems were developed. As of 2005, there were just over 4,000 tankers and supertankers or greater operating worldwide. Description Tankers can range in size of capacity from several hundred tons, which includes vessels for servicing small harbours and coastal settlements, to several hundred thousand tons, for long-range haulage. Besides ocean- or seagoing tankers there are also specialized ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conglomerate (company)
A conglomerate () is a multi-industry company – i.e., a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Conglomerates are often large and multinational. United States The conglomerate fad of the 1960s During the 1960s, the United States was caught up in a "conglomerate fad" which turned out to be a form of speculative mania. Due to a combination of low interest rates and a repeating bear-bull market, conglomerates were able to buy smaller companies in leveraged buyouts (sometimes at temporarily deflated values). Famous examples from the 1960s include Ling-Temco-Vought,. ITT Corporation, Litton Industries, Textron, and Teledyne. The trick was to look for acquisition targets with solid earnings and much lower price–earnings ratios than the acquirer. The conglomerate would make a tender offer to the target's shareholders at a princely premium to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Li Ka-shing
Sir Ka-shing Li (; born 13 June 1928) is a Hong Kong billionaire business magnate, investor, and philanthropist. As of June 2019, Li is the 31st richest person in the world, with an estimated net wealth of US$33.4 billion. He is the senior advisor for CK Hutchison Holdings and CK Asset Holdings, after he retired from the Chairman of the Board in May 2018; through it, he is the world's leading port investor, developer, and operator of the largest health and beauty retailer in Asia and Europe. Forbes magazine released its Hong Kong fortune league chart in February 2021, which showed that Li Ka-shing had reclaimed his prime position as Hong Kong's richest person, with his net assets topping US$35.40 billion. Li is one of the most influential entrepreneurs in Asia, presiding over a business empire with a diverse portfolio of businesses from a wide array of industries, including transportation, real estate, financial services, retail, and energy and utilities. His conglomerate com ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
