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Hong Kong

Hong Kong – maritime security update

The Hong Kong Marine Department issued a Press Release stating that security plans have been approved for 22 of the 31 Hong Kong port facilities subject to the ISPS Code. Security plans have been approved for 595 Hong Kong vessels and International Ship Security Certificates (ISSCs) have been issued to 287 of these ships. The Marine Department also issued a Notice stating that, effective 1 July, maritime security levels for Hong Kong will be posted on a special Internet site. Source: HK Law


Hong Kong Receive BMT Maritime Strategic Study

Hong Kong Port: Photo BMT

BMT Asia Pacific (BMT), a subsidiary of BMT Group Ltd, says it has completed a major strategic study - “Enhancing Hong Kong’s Position as an International Maritime Centre (IMC)”, undertaken on behalf of the Hong Kong Transport and Housing Bureau. The study aims to plot a development roadmap and strategy that will enable Hong Kong to remain a successful IMC in an increasingly competitive region. BMT explains that it conducted the IMC study utilising extensive industry


Hong Kong Joins U.S. Customs CSI

Robert C. Bonner, Commissioner of the U.S. Customs Service, today announced the signing of a declaration by Hong Kong to join the Container Security Initiative (CSI), a key U.S. Customs initiative designed to prevent global sea cargo from being exploited by terrorists to inflict harm on America and other nations of the world. "I applaud the government of Hong Kong for joining the U.S. Customs Service Container Security Initiative


HK, U.K. Sign Double Taxation Legislation

Hong Kong signed an agreement with Britain to avoid double taxation on shipping, exempting owners of Hong Kong ships from paying tax levied on cargo taken up in Britain, and vice versa. It was signed in the territory by Hong Kong Secretary for Economic Services Sandra Lee and British Consul-General James Hodge. Lee said at the signing ceremony that the pact strengthened Hong Kong's status as the international maritime center in Asia.


Transas Re-locates Hong Kong Office

In March 2009 Transas Hong Kong office was relocated to the heart of Hong Kong – Tsim Sha Tsui at the southern tip of the Kowloon peninsula. Transas Hong Kong office is one of the most important service centers providing fast and efficient onboard service on daily basis. Hong Kong Ship owners and managers own or manage about eight per cent of the world's commercial fleet - over 1,240 vessels with a combined carry capacity of about 78 million deadweight tonnes.


Use Clean Fuel in Hong Kong Waters & Save

Ocean-going vessels (OGVs) to become eligible for a 50% reduction in port facility & light dues if they switch to cleaner fuel while berthed in Hong Kong waters. "The government has been implementing a package of 22 measures, targeting various major polluting sources, with a view to improving the air quality in Hong Kong," Hong Kong Secretary for the Environment.  Reducing marine emissions is one of our priorities and the launch of the incentive scheme is a step forward to


Hong Kong Strictly Enforcing Pre-Arrival Notification Requirement

The Hong Kong Marine Department issued a statement outlining that it is strictly enforcing the requirement that vessels must submit a Pre-Arrival Notification (PAN) at least 24 hours before arriving in Hong Kong waters. Four ships were recently found to be in violation – their masters subsequently brought into court and charged. Failure to submit a timely PAN subjects the owner and the master both to a potential fine of $5,000 (HK$40,000)


36-Ton Anchor Delivered

The anchor before it is extracted.

A 36-ton anchor belonging to a historic ship, once the world’s largest, has been transported by Wilhelmsen Ships Service from Gujarat and has just arrived in Hong Kong, to be placed as the centrepiece in the new Hong Kong Maritime Museum. Wilhelmsen Ships Service Hong Kong was approached by the Norwegian ambassador in Guangzhou in early February to arrange the transportation of the anchor of the Jahre Viking/Seawise Giant which was scrapped in India this  year


Far East, South America Service Upgrade

Maersk-line-logo.gif

To further improve the service quality and to cater for the market growth Maersk Line together with service partner Hamburg Süd are pleased to announce the following changes to our service network. We are currently phasing in the SAMMAX and Santa class vessels in the current ASAS service. These vessels are custom built for this trade with a nominal capacity of 7500 teu and 1700 plugs. In conjunction with this upgrade we will open a 2nd service as from July.


MOL Adjusts Intra-Asia Service Network

MOL Liner Ltd. (MOL) announced an enhancement of its Intra-Asia service network with new rotation of “HS3” and new Japan-Strait service “HS4,” offering competitive service despite potential schedule disruption as a result of recent port congestion in the region. Renewal of “HS3” with New Feeder Service “AJS”  MOL will introduce Singapore-Jakarta feeder service (AJS is operated by MOL) to stabilize the service schedule of


China Shipping Development Orders Four VLCCs

Pic by China Shipping Development Company Limited

 Hong Kong unit of China Shipping Development, the oil and dry bulk shipping arm of state conglomerate China Shipping Group, has booked four very large crude carriers (VLCCs) at a compatriot yard.   The worth a total of $375.92m was placed with Dalian Shipbuilding Industry Co (DSIC)


Hong Kong Ferry Disaster Captain Convicted

Hong Kong and Kowloon Ferry (Pic: Star Ferry)

 The captain of Hong Kong and Kowloon Ferry’s Seasmooth passenger ferry, Lai Sai-ming, was on Saturday found guilty of 39 counts of manslaughter over the 2012 Lamma island ferry disaster.  He was also found guilty of endangering the lives of others at sea by a Hong Kong court


Logistics Suffer as U.S. Port Dispute Continues

File image: A containership unloads at the port of Oakland, CA

Dozens of ships queuing to dock due to ports dispute; Honda slowing North American car production as parts held up. A labor dispute at ports on the U.S. West Coast is disrupting supply chains across the Pacific, forcing some Asian suppliers to resort to costly air freight and pushing up


Second Bulk Shipper Files for Bankruptcy

Photo: Winland Ocean Shipping Corp

Dozens of iron ore and coal carriers idled as Baltic dry index falls to all-time low. A second dry cargo shipper has filed for bankruptcy following a collapse in freight rates that has forced many companies to idle vessels used to haul iron ore


Shanghai Retains Crown as Busiest Container Port

Shanghai Port (Image: SIPG)

China’s Shanghai retained its title as the world’s busiest container port for a fifth consecutive year after widening the gap with its closest rival Singapore, according to a report from Bloomberg.  While, Singapore handled 33


Harvey Gulf Outsources IHM to Metizoft

Photo courtesy of Metizoft

Harvey Gulf has signed a framework agreement with Metizoft on maintenance and quality assurance of the Inventory of Hazardous Materials (IHM).   Vessels with IHM documentation must be maintained at all times and reflect the actual ship sailing


Sino-Global to Acquire Tanker

RONG ZHOU

  Sino-Global Shipping America, Ltd. a shipping agency, logistics and ship management services company, today announced that it has entered into a Memorandum of Understanding (the "MOU"), between the Company and Rong Yao International Shipping Limited


OOCL Sales Up 3.5% to $5.8b in 2014

OOCL container loading on a vessel

Orient Overseas Container Line (OOCL), a Hong Kong-based container shipping and logistics service company, posted a 3.5 percent year-on-year revenue increase in 2014 to US$5.8 billion. The carrier transported 5.5 percent more containers than in the previous year.


Former US Navy Contracting Officer Arrested

Former senior federal contracting officer Paul Simpkins was arrested Tuesday for conspiracy to commit bribery in connection with his alleged role in a scheme to steer contracts and benefits to Glenn Defense Marine Asia (GDMA), a defense contracting firm headquartered in Singapore.


Hutchison Chinese Ports Assets for Sale

Image by Hutchison Port Holdings Limited

The South China Morning Post has reported Hong Kong billionaire Li Ka-shing's Hutchison Whampoa Ltd is mulling the possible sale of a 40 percent stake of Hutchison Port Holdings (HPH) to a quartet of state-owned mainland China companies.  


Gazprom holds First Investor Day in Asia

Investor Day in Hong Kong courtesy Gazprom

Gazprom held the 10th annual Investor Day for the first time in the Asia-Pacific Region – in Hong Kong (February 3) and Singapore (February 5). Taking part in the events were Andrey Kruglov and Alexander Medvedev, Deputy Chairmen of the Gazprom Management Committee; Dmitry Lyugai and


Hutchison Port Holdings Trust Sees Q4 Red

Hutchison Port Holdings Trust said on Friday it swung into loss in the last quarter of 2014 due to a HK$19 billion ($2.45 billion) impairment of goodwill, the first quarterly loss the trust has suffered since listing in 2011. The trust booked a net loss of HK$18,610


Japan Backs Beaching Yards in India

Leela Ship Recycling

Ship recycling yards in India, Pakistan and Bangladesh need to be part of the global scheme of sound ship recycling and those yards in Alang which have invested in fully upgrading their facilities to meet the terms of internationally-agreed rules should be rewarded by winning more business.


Vard Holdings 4Q & FY 2014 Results, Teleconference

Vard Holdings Limited will release its results for the fourth quarter and full year ended 31 December 2014, before market opens on Friday, 27 February 2015. Senior management will host a results teleconference, details of which are as follows: Date : Friday, 27 February 2015


Hong Kong - Macau Yacht Races

PHOTO COURTESY HEBE HAVEN YACHT CLUB

  Yacht races between Hong Kong and Macau will take place on 19 February 2015 (Thursday) and 21 February 2015 (Saturday). About 20 sailing boats are expected to participate in the races. The outbound trip from Hong Kong to Macau will start at 1000 hours on 19 February 2015 in an area






 
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