Search results for: Hong Kong

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A list of search results

  • 30 June 2015

    As of tomorrow, July 1st, ocean-going vessels are required to switch to clean fuel while berthing in Hong Kong. The switch comes as Hong Kong comes to grips with air pollution caused by container vessels to the surrounding areas, especially in the vicinity of the the Kwai Chung Container Terminals (KCCT). Under the Air Pollution Control Regulation, […]

  • 22 August 2019
    Business & Finance

    On August 20, the company confirmed it received a financing letter from an undisclosed bank in relation to the loan.

  • 18 June 2015
    Business & Finance

    A new regulation under which ocean going vessels are required to switch to marine fuels with less than 0.5% sulphur content while at berth in Hong Kong waters is expected to reduce the levels of SO2 and respirable suspended particulates by more than 60%, according to Hong Kong’s Secretary for the Environment, Wong Kam-sing. The regulation, coming into […]

  • 11 March 2015

    The government of Hong Kong is planning to impose the use of cleaner marine fuel for ocean-going vessels operating within the region, effective as of July 1. The Air Pollution Control (Ocean Going Vessels) (Fuel at Berth) Regulation will be gazetted March 13, and it will require the use of low-sulphur marine fuel (sulphur content not exceeding 0.5%), liquefied natural gas and […]

  • 18 July 2017

    Hong Kong will introduce its own regulation to require vessels plying Hong Kong waters to use cleaner fuel from January 2019, UK P&I Club informed.  The regulation is said to complement the efforts under the PRC’s Ministry of Transport’s action plan for the Hong Kong, Macau and PRD (Pearl River Delta). “A Clean Air Plan […]

  • 25 July 2019

    The 399-meter OOCL Hong Kong was once the largest containership ever built.

  • 28 May 2019
    Business & Finance

    CSSC (Hong Kong) Shipping will issue 1.534 billion new shares at a price of HKD 1.34 – HKD 1.42 per share.

  • 10 March 2015
    Business & Finance

    Hong Kong’s total seaborne port cargo throughput in the fourth quarter of 2014 recorded virtually no change at 47.9 million tonnes compared with the fourth quarter of 2013, according to the statistics on vessels, port cargo and containers issued by the region’s Census and Statistics Department (C&SD).    For 2014 as a whole, seaborne port cargo increased […]

  • 30 June 2015

    As of tomorrow, July 1st, ocean-going vessels are required to switch to clean fuel while berthing in Hong Kong. The switch comes as Hong Kong comes to grips with air pollution caused by container vessels to the surrounding areas, especially in the vicinity of the the Kwai Chung Container Terminals (KCCT). Under the Air Pollution Control Regulation, […]

  • 8 June 2015

    The Port of Hong Kong handled 68.4 million tonnes of cargo in the first quarter of 2015, a 1% decrease compared to the same period a year earlier, according to the statistics released by the city’s Census & Statistics Department. Within this total, inward port cargo decreased 3% to 41.9 million tonnes, while outward port cargo rose 3% to […]

  • 9 August 2019

    Law firm Mayer Brown advised CLP Power Hong Kong on the Hong Kong offshore LNG terminal project, which involves the use of floating storage and regasification unit (FSRU) technology for the first time in Hong Kong.

  • 28 April 2016
    Business & Finance

    Hong Kong-based container terminal operator COSCO Pacific Limited has seen its profit drop by 25.8 percent to USD 42.9 million, against USD 57.9 million recorded in the same period in 2015. The terminal operator’s revenues for the period decreased to USD 128.6 million, compared to USD 131.6 million a year earlier. However, COSCO Pacific recorded a slight increase of […]

  • 28 August 2017

    Port operations in Hong Kong have resumed but congestion and delays can be expected at the terminals following the passing of typhoons Hato and Pakhar, GAC told World Maritime News. Last week, port operations in the region were suspended as a result of the strong winds and heavy rains caused by the two typhoons. Since […]

  • 11 January 2019

    The Competition Commission investigates the recently created terminal operator alliance.

  • 12 October 2015

    The Hong Kong Shipping Register passed the 100 million gross tonnage mark at the end of September with a total of 2,449 ships registered. The register is the fourth largest in the world. The Hong Kong Marine Department said that as a result of the register’s quality control system, the Port State Control detention rate of […]

  • 12 October 2015

    The Hong Kong Shipping Register passed the 100 million gross tonnage mark at the end of September with a total of 2,449 ships registered. The register is the fourth largest in the world. The Hong Kong Marine Department said that as a result of the register’s quality control system, the Port State Control detention rate of […]

  • 7 May 2020
    Authorities & Government

    Adding offshore wind to Hong Kong’s energy mix is currently hindered by technical and financial issues, according to the latest information from official sources in Hong Kong. Namely, a representative in the Hong Kong Legislative Council, Kenneth Leung, filed a question regarding the government’s offshore wind plans on 6 May. Leung asked whether the government […]

  • 20 April 2015

    Unionised dockworkers in Hong Kong are calling for industrial action if their demands for a 8.5% pay rise and a dialogue with contractors are not met, the South China Morning Post reports.  Contractors and terminal operators have until Thursday next week to respond to the demands, otherwise the Union of Hong Kong Dockers might organise a […]

  • 9 January 2019
    Business & Finance

    CHT, ACT, HIT and MTL have decided to collaborate together in order to better use their terminal assets.

  • 23 July 2007

    Hong Kong has moved a step closer to becoming a port of call for 2008-09 following a round of meetings this week between Volvo Ocean Race organisers and government representatives. The latest development follows the recent confirmation of Qingdao as an Asian stopover. The race’s commercial director George Blake said negotiations were at an advanced […]

  • 24 December 2015
    Business & Finance

    The Hong Kong Liner Shipping Association has filed a request for block exemption from Hong Kong’s competition regulations that entered into force on Monday, December 14th outlawing inter alia vessel-sharing agreements. The association’s request joins numerous others from various industry branches seeking exemption from the regulation. The association believes Hong Kong should follow the example […]

  • 6 October 2015
    Business & Finance

    Bernhard Schulte Shipmanagement (BSM) said that it has reached the milestone of operating 50 fully managed vessels from its centre in Hong Kong with the handover of Interlink’s MV Priority – quintupling the BSM Hong Kong’s fully managed fleet from just 10 vessels in early 2011 to 50 vessels in less than five years. “For […]