Hong Kong Receive BMT Maritime Strategic Study

Posted by George Backwell
Wednesday, April 23, 2014
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 engagement to examine the context and economic significance of Hong Kong’s maritime cluster, as well as the key challenges facing Hong Kong as an IMC. The findings, which were recently made available to the public, include strategies to maximise the development potential of key maritime activities and service areas, in particular the “contestable” services, which have been targeted by competing IMCs.

Dr. Richard Colwill, Managing Director of BMT Asia Pacific comments: “Hong Kong has a rich maritime heritage and is home to a vibrant community of ship owners, ship managers and service providers engaged in a diverse range of activities spanning the industry.  The maritime sector plays a vital role in the local economy and recognising its strategic value, governments across the region have taken an interest in developing similar clusters, requiring Hong Kong to maximise its competitive advantage."
 
Dr. Simon Su, Director and Chief Economist at BMT Asia Pacific and the study’s manager continues: “Hong Kong’s role as an IMC is expressly supported in China’s 12th National Five Year Plan and by Hong Kong’s Chief Executive, CY Leung, who recently reinforced his pledge to further strengthen the city’s position by ‘developing quality and international maritime services’.  We are extremely pleased to have had the opportunity to apply our expertise and experience in the Asia Pacific market to develop timely recommendations for shaping a bright future for Hong Kong’s maritime sector."

About BMT Asia Pacific
BMT Asia Pacific is a specialist economic, environmental, design, planning and risk management consultancy serving primarily the energy, infrastructure and transport sectors.

Through a diverse team of experts across Asia Pacific, it supports customers throughout the project lifecycle in the development of safe, efficient and sustainable systems, processes and infrastructure.

www.bmtasiapacific.com
 

 

 

Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Liberian Registry Appoints Catsiba Manager in Dubai

Fay Catsiba has joined the Liberian International Ship & Corporate Registry (LISCR) as Business Development Manager based in Dubai, U.A.E. Greece-born Fay, who

Cook Joins Horizon Shipbuilding as Operations VP

Horizon Shipbuilding, Inc. announced that Mickey Cook has joined the corporation as the Vice President of Operations for the Bayou La Batre shipyard. Cook, one of the founders of C & G Boatworks,

Mercury Marine Launches Repower Financing

Mercury Marine launched a new repower finance program that aims to make it easier for consumers to get the engine performance they want with flexible financing for a broad range of buyers.

Ports

Gladding-Hearn Delivers Third NYPD Boat

With more than a dozen patrol boats and a fireboat built by Gladding-Hearn Shipbuilding, Duclos Corporation, operating in New York Harbor, the Somerset, Mass.,

China, Sri Lanka to Launch FTA Talks

Chinese President Xi Jinping began a visit to Sri Lanka on Tuesday agreeing to open bilateral negotiations for a free trade pact as Beijing tightened its embrace

Trelleborg Report Optimistic for Port Investment

The latest 'Barometer Report' from Trelleborg's marine operations business sector, discusses the issues impacting ports and terminals around the globe, and reveals

Finance

Mercury Marine Launches Repower Financing

Mercury Marine launched a new repower finance program that aims to make it easier for consumers to get the engine performance they want with flexible financing for a broad range of buyers.

Maritime Academy Awarded DHS Grant for Arctic Training

Maine Maritime Academy receives $450,000 grant From U.S. Department of Homeland Security for ice navigation and maritime first responder courses for the Arctic Maine

Knightsbridge Closes Vessel Acquisition Transaction

Bermuda-based Knightsbridge Tankers Limited announced that it has closed the first stage of its vessel acquisition transaction. Knightsbridge has issued 31 million

Logistics

China, Sri Lanka to Launch FTA Talks

Chinese President Xi Jinping began a visit to Sri Lanka on Tuesday agreeing to open bilateral negotiations for a free trade pact as Beijing tightened its embrace

Cargo Container Security Alliance Formed

SC-integrity, Inc. (LoJack SCI) and Contguard Ltd. announced a strategic alliance designed to provide their customers with security and real-time visibility of

Mideast Crude Tanker Rates Near 3-month Low

Crude oil tanker earnings on the major Middle East route fell to their lowest in nearly three months as a slowdown in business in recent days battered rate sentiment.

Consulting

Upcoming Winter Tanker Market Same as Last Year?

Will the 2014/15 winter tanker market be a repeat of the previous one? Poten & Partners consider the question in their latest 'Poten Tanker Opinion'. As the

Caterpillar Named to Dow Jones Sustainability Indices

Caterpillar Inc. has been named to the 2014 Dow Jones Sustainability Indices (DJSI), recognizing Caterpillar as a sustainability leader in the Industrial Engineering sector.

SUNY Maritime Grads Start at Higher Salary: PayScale

What do SUNY Maritime College graduates have that Princeton, Harvard, Yale, and Columbia graduates don’t have?  Higher starting annual salaries; that’s what, answers SUNY.

 
 
Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.4769 sec (2 req/sec)