Diana Shipping Wins TC Contract from Ausca
Diana Shipping , a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Ausca Shipping Limited, Hong Kong, for one of its Panamax dry bulk vessels, the m/v Dione. The gross charter rate is US$10,350 per day, minus a 5% commission paid to third parties, for a period of minimum 14 months to about 17 months. The charter is expected to commence on January 23, 2018.
Hong Kong to Host Global Maritime Forum Inaugural Annual Summit
Hong Kong is chosen to host the Global Maritime Forum’s inaugural Annual Summit on 3-4 October 2018. The high-level meeting will convene key industry leaders with policymakers, experts, NGOs and other influential decision-makers and opinion shapers. Their task will be to share their ideas on the challenges facing the maritime industry and to develop practical proposals to optimise global seaborne trade, thereby increasing sustainable long term economic development and human wellbeing. “We look forward to welcoming the world’s maritime decision-makers to Hong Kong.
MV Werften Cuts First Steel for Crystal Endeavor
Shipbuilder MV Werften said it has begun building Crystal’s new luxury expedition yacht, Crystal Endeavor, with first steel cut on January 15 at its shipyard in Stralsun, Germany. Set to debut in 2020, Crystal Endeavor will be Crystal’s largest and most spacious purpose-built Polar Class ship featuring all-suite, butler-serviced accommodations, and adventure in polar regions and other remote destinations. Employees and guests watched as the flame cutter was launched by Genting Hong Kong Chairman and CEO…
Suspect Involved in N. Korean Oil Smuggling Released on Bail
A court in Taiwan has released on bail a man prosecutors allege to have made false declarations in the case of a Hong Kong-flagged tanker suspected of transferring oil to North Korea in violation of international sanctions. The man, surnamed Chen, said the vessel was bound for Hong Kong, despite knowing it was bound for international waters to traffic oil products, the prosecutors' office in the southern city of Kaohsiung said on Wednesday. "The suspicion of crime is great," it said in a statement…
Hong Kong to Hainan Dao Yacht Race
A yacht race from Hong Kong to Hainan Dao will take place on 16 October 2014 (Thursday). About 20 yachts are expected to participate in the race. The race will start at 1320 hours on 16 October 2014 off the Causeway Bay Typhoon Shelter, and follow an easterly route through the harbour, Tathong Channel and Lo Chau Mun, thence to Hainan Dao. Masters, coxswains and persons-in-charge of vessels navigating in the vicinity of the race route should proceed with caution, giving practical consideration to the contestants.
Thomas Miller Acquires Brookes Bell
UK-based international provider of insurance services Thomas Miller has acquired international marine consultancy business Brookes Bell for an undisclosed sum. Brookes Bell is a marine technical and surveying consultancy with offices in Liverpool, London, Glasgow, Shanghai, Hong Kong and Singapore. It has served the marine and energy industries since 1903, providing specialist services in areas including emergency response, casualty investigation, salvage and wreck removal operations, scientific cargo expertise, forensic engineering and expert witness services.
All Set for Hong Kong - Macau Yacht Races
Yacht races between Hong Kong and Macau will take place on 26 September (Saturday) and 28 September 2015 (Monday). About 25 sailing boats are expected to participate in the races. The outbound trip from Hong Kong to Macau will start at 1000 hours on 26 September 2015 in an area south-east of Lamma Island (in the vicinity of Yuen Kok Light). (b) Course 2 – a south-westerly route through the southern boundary of the Hong Kong Special Administrative Region, thence to Macau if the wind is coming from the south.
Hong Kong Terminals Mark 200 Million TEU
Hutchison Port Holdings' (HPH) Hong Kong assets marked a significant milestone with cumulative throughput of 200 million teu. Excerpts from his speech: "For decades, Hong Kong has been a major hub port in the region. For the past 10 years (2005-2014), the average annual throughput at the Hong Kong Port was some 23 million TEUs. This is indeed a highly impressive performance having regard to the physical size of the Kwai Tsing Container Terminals. The efforts made by different parties operating the Hong Kong Port must be recognised.
Hong Kong and UK Strengthen Maritime Ties
Representatives of the British and Hong Kong maritime business sectors have agreed to forge a closer working relationship. Under the terms of a new Memorandum of Understanding, Maritime London and the Hong Kong Maritime & Port Board (HKMPB) will cooperate in a range of areas including promotional activity, training and sharing of best practice for maritime business services. The agreement was signed in London during London International Shipping Week by Chan Fan, Frank, JP, Secretary for Transport & Housing…
Panama Says Sunken Iranian Tanker had Papers in Order
The Iranian tanker that sank after a collision in the East China Sea, causing the worst oil ship disaster in years, had its paperwork in order, according an initial review by maritime authorities in Panama, whose flag it was sailing under. The large tanker Sanchi (IMO:9356608) sank on Sunday after crashing into the freighter CF Crystal (IMO:9497050) and drifting ablaze for days. The ship's crew of 30 Iranians and two Bangladeshis are believed to have been killed. Fernando Solorzano…
HK Shipping Industry Needs Direction Say Group
A group of shipping sector directors urge the future direction of HK's maritime industry to be set out and implemented by the government. A blueprint setting out the future direction of Hong Kong's maritime industry should be prepared and the government should then commit to implementing the plan if Hong Kong is to stave-off competition from other regional shipping sectors, says a group of shipping directors, as reported by the South China Morning Post. At present the Hong Kong shipping register is the world's fourth-largest. The proposal, which includes signing more double tax agreements with potential trading partners, tax incentives for companies planning to incorporate in 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 Shipping Register Crossing 100 Million Gross Tonnage
The Hong Kong Shipping Register has crossed of 100 million gross tonnage, informed the Secretary for Transport and Housing, Professor Anthony Cheung Bing-leung. To Hong Kong, it’s more than a vote of confidence, Anthony said. Hong Kong’s maritime tradition is almost two centuries old. Hong Kong served as a port of registry under the UK Ship Register since the 1840s until the establishment of the autonomous Hong Kong Shipping Register in 1990 under the administration of the Marine Department.
Hill Dickinson to operate as single entity in Hong Kong
International law firm Hill Dickinson has announced that its application to operate as a single entity in Hong Kong has been approved by the Law Society of Hong Kong following the completion of a three year period of association with a local Hong Kong firm, as required by local regulations. Currently operating as Hill Dickinson Hong Kong LLP in association with Laracy & Co, the transition will marry the two firms together as one single Hong Kong firm under the name Hill Dickinson Hong Kong, taking effect from 1 April 2017.
Hong Kong Lags Behind Singapore In Logistics, Study Finds
Despite having the world's largest and most advanced air cargo facilities and one of the busiest container ports, Hong Kong lags behind Singapore in providing sophisticated third party logistics (3PL) services, a study says. The study, "Economic Impacts of Logistics Center Development in Hong Kong", urged the Hong Kong government to help the private sector in developing Hong Kong's logistics industry to catch up with logistics hubs in the region. The study said an investment of $603 million per year over five years to develop 3PL services would be necessary for Hong Kong to catch up with hubs such as Singapore. The Singapore government actively supported the logistics industry with land premium concessions…
Hong Kong Receive BMT Maritime Strategic Study
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…
Bunker Supplier Aegean Expands to Hong Kong
Greek-based Aegean Marine Petroleum Network Inchas to offer oil fuel bunker supply service in Hong Kong. New York-listed interntaional bunker supplier Aegean Marine Petroleum Network Inchas announce plans to expand its global network for the physical supply of marine fuel by establishing operations in Hong Kong. Aegean says that it expects to initially deploy one double-hull bunkering tanker to its new service centre in Hong Kong, from Singapore, by 30 September, noting that Hong Kong generates about 5-million tonnes in annual marine fuel sales. The company’s president, Nikolas Tavlarios, said, "We are pleased to once again expand our global network for the physical supply of marine fuel by strengthening our strategic presence in the Far East.
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. Transas Hong Kong Limited new address: Unit 1214, Houston Centre 63 Mody Road Tsim Sha Tsui (East) Kowloon, Hong Kong Tel: +852 28151603 Fax: +852 28151690 E-mail: firstname.lastname@example.org (www.transas.com)
Makin Island Concludes Hong Kong Visit
The amphibious assault ship USS Makin Island (LHD 8) departed Hong Kong April 11, following a scheduled port visit. The four-day visit allowed nearly 2,500 Sailors and Marines assigned to the ship and embarked 11th Marine Expeditionary Unit the opportunity to experience Hong Kong's culture and engage with the community. The ship hosted a reception for distinguished guests April 10, to recognize the prosperous partnership between the United States and the People's Republic of China and Special Administrative Region of Hong Kong.
Hong Kong Establishes New Maritime Body
Hong Kong is to establish a new government body - Hong Kong Port and Maritime Board - this year that oversees the local maritime sector, in a bid to enhance the city’s shipping sector. Hong Kong's chief executive Leung Chun-ying in his annual policy address for this year announced that the government will merge the existing Maritime Industry Council (MIC) and the Port Development Council (PDC) to form a new Hong Kong Maritime and Port Board. The board, to be chaired by the Secretary for Transport and Housing…
CMES Fleet Adds Bulk Carriers
The delivery and naming ceremony of PACIFIC MERIT, an energy-saving and environment-friendly bulk carrier with 64 thousand DWT, tailor-made by China Merchants Energy Shipping (CMES), was held in Chengxi Shipyard on 4 January 2018. Capt. Zhao Yaoming, Vice President of CMES and President of Hong Kong Ming Wah Shipping, and Lu Ziyou, the President of Chengxi Shipyard, attended and witnessed the ceremony. On the same day, CMES held the naming and delivery ceremony for the 44th VLCC NEW PRIME in Dalian COSCO KHI Ship Engineering…
Asia Plays Intricate Role In Marine Fuels
The International Bunker Industry Association (IBIA) pointed out the role that Asia will play in the future of the marine fuels industry. As announced at IBIA's recent Bunkering in Asia" conference held in Hong Kong, Asia's leading bunker hubs, include Singapore and Hong Kong, where annual bunker deliveries topped 18 metric tons and three metric tons respectively in 1998. The conference was opened by Stephen Ip, secretary for economic services, Hong Kong Special Administrative Region, who stressed Hong Kong's role as a replenishment port in Asia.
Fleet of 14 Ferries Sold
New World Development Co has agreed to buy a fleet of 14 ferry vessels, a depot and ancillary assets from Hong Kong Ferry (Holdings) for HK$155 million. The purchase accompanied the transfer of ferry licenses for eight Hong Kong ferry routes to New World from Hong Kong Ferry. New World said it would fund the purchase from internal resources. Hong Kong Ferry said it would focus on property development and investment after the end of its licensed passenger ferry services.