Shipping & Marine
Hong Kong needs to act to keep its global maritime hub status afloat
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.
Hong Kong’s total exports to China down by 6.8% YoY in Q1
This translates to a total of $125.5b worth of exports.
Port cargo throughput sinks by 13.8% YoY in Q1
The decrease in both inward and outward port cargo drove the overall decline.
COSCO to acquire 35% stake in German terminal
Tollerort port terminal is located in the Port of Hamburg, Germany.
Tianjin Development profit grows to $264m in H1
This is up from $115m in the same period in 2020.
Merchandise trade to slow down in next months: report
Growth may be dragged by the spread of the Delta variant of COVID-19.
COSCO Shipping Ports profit attributable to shareholders up 85.2%
It plans to continue improving its 5G smart port as a part of its digital transformation.
Read Here
Advertise
Sign Up
Commentary
Strategic location tips for playgroups and education centres
Innovating CSDs: What Hong Kong can learn from Euroclear Cash+
How student hostels conversion projects can qualify as social loans