Shipping & Marine
Hong Kong proposes changes to shipping regulations
Hong Kong proposes changes to shipping regulations
The proposal will undergo Legislative Council review on 28 February.
Hong Kong eyes late 2024 to early 2025 for LNG bunkering
Transport Minister Lam Sai-hung noted, however, that supply remains a challenge.
Hong Kong draws on Singapore for modern, green port development
Smart logistics is an area of collaboration Hong Kong intends to push with Singapore.
Gov’t launches action plan for maritime and port sustainability
The plan will focus on four areas.
HK Express adds 2 new connections to its 'Air + Ferry Pass' service
The new connections commenced operations on 22 December 2023.
Hong Kong legal seas brace for influx of maritime lawyers
Hill Dickinson is amongst the firms that have recently begun expanding its global maritime practices.
Hong Kong needs to act to keep its global maritime hub status afloat
As of 2023, Hong Kong maintains a 2.4% share of the world fleet in terms of vessel numbers.
Sustainable fuels not a silver bullet for shipping decarbonisation – experts
The shipping industry can only achieve a 2.8% emission reduction, even if it uses 54% of the world’s renewable energy.
6 in 10 transport and logistics players report environmental requirement gaps with clients
The environmental requirement gap between players and clients is 12%.
CE Lee lays out plans to position HK as an int'l shipping centre and aviation hub
Chief Executive John Lee said the government will press ahead with the Three‑Runway System under the "Airport City" vision.
Port cargo throughput falls 11.1% YoY in Q3
The decrease in both inward and outward port cargo drove the overall decline.
Gov’t seeks to lure more high-quality maritime firms
Chief Executive John Lee wants to develop more vibrant maritime services.
Volume of total exports down 15.3% YoY in September
Imports of goods also went down by 14% over September last year.
Labour department amps up rules in mechanical handling safety in container yards
New rules will take effect on 16 December.
Port cargo throughput dips 5.0% YoY in Q2
The decrease in both inward and outward port cargo drove the overall decline.
Sluggish global growth momentum drags Hong Kong’s export performance
The city’s total export dropped by 8.9% YoY in July.
Export and import volumes fall in June as prices soar in Hong Kong
Export volume dropped by 12.5% YoY whilst imports decreased by 6.9% YoY.
Commentary
Don’t let ESG gaps affect your asset’s value