ICS Opens China Liaison Office in Hong Kong
The global trade association for shipowners and operators, International Chamber of Shipping (ICS) opened its China Liaison Office in the Hong Kong Special Administrative Region (SAR) on Tuesday, 21 November, during a reception hosted by the Hong Kong Shipowners Association.Liu Xiaoming, the Deputy Minister of Transport from the People’s Republic of China, Huang Liuquan, the Deputy Director of Hong Kong, Macau Affairs Office of State Council of the People’s Republic of China, and Frank Chan…
Hong Kong Kicks-off Maritime Week 2018
The "Hong Kong Maritime Week 2018" (HKMW 2018), a major annual event of the maritime and port industries in Hong Kong, unveiled on Saturday (November 18) with the "Hong Kong orienteering race.According to a government press release, the third edition of Hong Kong's Maritime Week oragnised by the Hong Kong Maritime and Port Board (HKMPB) with co-organisers, the Hong Kong Shipowners Association and the Hong Kong Maritime Museum, runs from 18 to 24 November and features over 50 events comprising both industry and outreach.Officiating at the opening ceremony of the HKMW 2018…
ICS Names Cresswell Marine Committee Chairman
The Board of Directors of the International Chamber of Shipping (ICS) has appointed Martin Cresswell, Technical Director of the Hong Kong Shipowners Association, as the new Chairman of the ICS Marine Committee. He succeeds Peter Bond (Cyprus Shipping Chamber) who recently stood down following four years of service as Chairman of ICS’s principal technical committee. “The Marine Committee is very much the engine room of ICS, overseeing the work of the many ICS technical committees and the development of policy positions which we represent at IMO meetings…
Wah Kwong Maritime's Chao is 2018 CMA Commodore
Award to be presented March 14, 2018 at the conclusion of the CMA’s Shipping 2018 Annual Conference and Exposition. Ms. Sabrina S. M. Chao, Executive Chairman of Wah Kwong Maritime Transport Holdings Ltd. has been named as the Connecticut Maritime Association (CMA) Commodore for the year 2018. Ms. Chao follows a long succession of influential maritime industry leaders as Commodore. The 2018 Commodore Award will be presented on March 14, 2018 at the Gala Dinner marking the conclusion of the annual Connecticut Maritime Association conference and trade exposition…
Shippers Brace for IMO's New SOx Rules
IMO to decide whether to introduce rules in 2020, or 2025; EU, China already pushing for stricter regulation. The global shipping industry is bracing for a key regulatory decision that could mark a milestone in reducing maritime pollution, but which could nearly double fuel costs in a sector already reeling from its worst downturn in decades. The shipping industry is by far the world's biggest emitter of sulphur, with the SOx content in heavy fuel oil up to 3,500 times higher than the latest European diesel standards for vehicles.
BIMCO Awards Leadership, Innovation, Pioneering Business Strategy
BIMCO today presented three awards to recognise and celebrate excellence in the global shipping industry among both companies and individuals in the industry – following BIMCO’s conference in Shanghai. This year the importance of leadership, innovation and pioneering business strategy in shipping were clearly recognised by the judges in the choice of winners. BIMCO President Philippe Louis-Dreyfus chose to give the BIMCO President’s Award to the Tung family from Hong Kong, who run OOCL among other companies.
Shipping Unscathed as China Flights Raise South China Sea Tension
China's growing military presence in the South China Sea has drawn warnings from the United States that Beijing is seeking to exert control over one of the world's most important sea lanes, but so far the shipping industry seems less concerned. Beijing has been increasingly assertive in staking its claim to almost the whole of the sea, though which trillions of dollars of trade passes each year. This month China landed its first test flights on a new 3,000 metre (10,000 ft) runway it has built on a reef in the Spratly Islands, drawing protests from Vietnam and the Philippines which have overlapping claims in the area. Despite the diplomatic tensions, merchant shipping says operations are, as yet, unaffected.
Hong Kong's Maritime Industry in Cross Road
The total port cargo throughput of Hong Kong has seen a sharp decrease of 13.8% in 2015, amounting to 256.6 million tonnes, according to the Hong Kong Census and Statistics Department. It is the biggest year-on-year drop in the past 10 years. Further statistics from the department shows that year-on-year decrease in port cargo throughput were also recorded in 2009 and 2012, falling 6.3 percent and 2.9 percent respectively, when the world economy was hit by financial tsunami and Europe's debt crisis. Within this total, inward and outward port cargo decreased by 7.5% and 17.4% respectively.
LISW15 Lines Up Speakers
London International Shipping Week 2015 (LISW15) is pleased to announce the line up, so far, of high level government and industry speakers for the official LISW15 Conference being held at the Grosvenor House Hotel on London’s Park Lane, on Thursday 10th September. The conference will begin with Jeremy Penn, Chairman of the LISW15 Steering Group and Chief Executive of The Baltic Exchange, formally welcoming everyone to the event before handing over to The Rt Honourable The Lord Mayor of the City of London, Alderman Alan Yarrow who will then address the Conference alongside a Senior UK Government Minister. This session will focus on World…
Brexit: What Next for Shipping Markets?
For many in shipping, the Brexit was unexpected. Many believe that Brexit’s impact on the shipping industry will be more or less neutral. The UK Chamber of Shipping remained neutral on the question of Britain's departure during the runup to the vote. It issued a statement emphasizing the industry's importance in all events. "We are still an island nation that has to make its way in the world through buying and selling, and the shipping industry is here for that purpose . . . shipping moves 95 percent of the UK's international trade and we don't see that changing," the organization said.
HK Shipping Tycoon George Chao Dies
Following a long illness George Chao, a shipping legend in Hong Kong and president of Wah Kwong Maritime Transport, died, aged 76, in hospital. WAH Kwong Maritime Transport Holdings, established 64 years ago, is now one of the largest privately owned shipowners in Hong Kong. George Chao is one of four sons of T.Y. Chao, the founder of Wah Kwong, and father of Sabrina Chao, the current chairman of the company. The Chao family represents one of the most prominent of Hong Kong’s shipping dynasties. Wah Kwong is a founding member of the Hong Kong Shipowners Association (HKSOA).
DNV GL bags Two Lloyd’s List Awards
DNV GL was recognized for its leadership and ability to innovate when it received both the “Classification Society” and the “Innovation Award” at the 2014 Lloyd’s List Asia Awards held on 30 October. This is the second year in a row that DNV GL has won the award for best Classification Society. “We are delighted and proud to receive these awards. They acknowledge the meaningful commitments DNV GL staff around the world have made over the past year. We remain dedicated to expanding…
Hong Kong Shipping Group Wants Aid to Arrested Ship's Crew
The Hong Kong Shipowners Association (HKSOA) on Thursday called on the city's authorities to provide assistance to the crew of a Hong Kong-flagged coal ship off the east coast of Australia that is running out of food and fuel. Local Australian media and Great Britain's Guardian newspaper reported this week that the Five Stars Fujian, a 180,000 deadweight tonne capsesize class coal carrier, has been sitting in the middle of the Great Barrier Reef for the past month with supplies diminishing and salaries going unpaid. The HKSOA said in a statement that the ship was under detention by the Australian Maritime Safety Authority (AMSA), off the port of Gladstone, for breaches of the Maritime Labour Convention relating to lack of provisions and unpaid wages.
Hong Kong Shipowner Issues Funds to Detained Vessel
The owners of Five Stars Fujian have at last paid for much-needed supplies to the Hong Kong vessel, which has been detained by the Australian Maritime Safety Authority since August 12, reports local media. The Five Stars Fujian has been detained off the port of Gladstone in by the Australian Maritime Safety Authority after inspectors found the company had breached the Maritime Labour Convention over the insufficient food and unpaid wages for the Chinese crew. Local Australian media and Great Britain's Guardian newspaper reported earlier this week that the capsesize class coal carrier…
Free Hong Kong ECDIS Workshops
The United Kingdom Hydrographic Office (UKHO) brings to HK its free-attendance workshop on ECDIS regulations and procedures. This free workshop will present the "Admiralty Guide to policy and procedures for the operational use of ECDIS" and will provide expert guidance on the regulatory requirements governing the adoption of ECDIS, as well as the onboard safety management systems and bridge procedures required to fulfill SOLAS carriage obligations. These workshops will benefit anyone involved in managing the integration of ECDIS into their ships, including managers, owners, ship personnel, regulators and auditors. Following on from the UKHO’s highly regarded Digital Integration Workshops…
ICS issues wake up call for shipbrokers
Shipbrokers may soon have to show evidence of professional qualifications, warns the Institute of Chartered Shipbrokers (ICS). Speaking at the Hong Kong Shipowners' Association on April 11, James Freeland, president of the ICS, pointed out that unlike other professions that deal with money, such as accountants and stockbrokers, shipbrokers are not required to pass any exams. "If shipbrokers don't wake up to this situation and do something about it, they may find themselves suddenly having restrictions imposed on them by regulatory bodies such as the Financial Services Authority in the UK," he warns. This may involve having to show evidence of attaining recognised professional qualifications. Part of the problem is the ease with which shipbrokers can set up shop.
Big Hitters Out in Force for ICS Conference
Shipping industry “big hitters” will be out in force for this year’s ICS Shipping Conference, being held by the International Chamber of Shipping at the British Library, London, on Wednesday September 11. Proceedings will be overseen by ICS Chairman, Masamichi Morooka. This year’s ICS event is being held in conjunction with the inaugural London International Shipping Week, which will see the worldwide maritime community gather in the U.K. capital for a multitude of events and meetings from September 9-13.
Clarksons Appoint New Prospective Chairman
Leading shipping services group, Clarkson PLC, says that James Hughes-Hallett will join the Board as a Non-Executive Director with immediate effect and will take over as Chairman from 1 January 2015 when Bob Benton will retire from the Board. Clarksons explain that James Hughes-Hallett brings a wealth of experience in the world of shipping, transportation, offshore and global trade, having worked for the Swire group since 1976. He is currently chairman of John Swire & Sons Limited, a Non-Executive Director of Cathay Pacific Airways Ltd, Swire Pacific Ltd and Swire Properties Ltd.
Opinion: ABS President Discusses Bulk Carrier Safety
ABS President and CEO, Robert Somerville recently discussed Bulk Carrier Safety at a conference in London. His speech, in part, follows. It was in the tumultuous period when the tanker industry was still trying to adjust to OPA90, to the mandate for double hulls, to the uncertainties of COFRs and all the rest of the restrictions that were being placed on their operations. It was also a time when there had been a casualty, with a small amount of pollution, involving a bulk carrier. Of course the incident was portrayed by the media as another "tanker" casualty. That owner was very, very frustrated. That it was not just tanker operators who had been thrust into an entirely different ballgame. It was the industry.
ABS President Comments on Bulk Carrier Safety
At the Seatrade International Maritime Convention in London, ABS President and CEO, Robert Somerville commented on Bulk Carrier Safety.It was in the tumultuous period when the tanker industry was still trying to adjust to OPA90, to the mandate for double hulls, to the uncertainties of COFRs and all the rest of the restrictions that were being placed on their operations.It was also a time when there had been a casualty, with a small amount of pollution, involving a bulk carrier.Of course the incident was portrayed the media as another “tanker” casualty.That owner was very, very frustrated.His basic argument was that his dry bulk brethren just “didn’t get it.”That it was not just tanker operators who had been thrust into an entirely different ballgame.
ABS Elects New Council
At the 150th Annual Meeting of the Members of ABS, three industry leaders were elected to the ABS Council. Following the Annual Meeting, the ABS Council met and elected industry leaders to both its Marine and Offshore Technical Committees. Individuals serving on the ABS Council and the Technical Committees help guide the class society in fulfilling its mission of promoting the security of life, property and the natural environment. “Classification represents the concept of self-regulation for the marine and offshore industry,” said ABS President and CEO Christopher J. Wiernicki.
Organizations Protest the Detention of Seafarers in Korea
Organizations from across the world’s shipping industry issued a vigorous joint protest at the continuing unjust and unreasonable detention of two merchant ships’ officers from the tanker Hebei Spirit who were recently acquitted by a South Korean court as being innocent of all charges of violating the nation’s ocean pollution law, following last year’s oil spill when a floating crane collided with the Hebei Spirit. The Round Table of international shipping associations (BIMCO, International Chamber of Shipping (ICS), International Shipping Federation (ISF), INTERCARGO and INTERTANKO), the International Transport Workers’ Federation (ITF)…
Unusually, Shipping Coalition Demands an ECA
A coalition of shipping companies wants the Pearl River Delta cleaned up and turned into a low emission zone. The call, from the Hong Kong Liner Shipping Association (HKLSA) and the Hong Kong Shipowners’ Association (HKSA) in conjunction with 17 shipping companies came along with a renewed, one-year pledge from the shipping companies to burn only low-sulfur fuels while berthed in Hong Kong, reports the China Daily. The coalition wants low sulfur emissions mandated by laws by January 2014. But in the meantime, the coalition is also recommending that authorities provide incentives, such as a 50 percent cut in port fees for vessels that come into voluntary compliance, prior to the January 2014 deadline. The alliance wants to increase its reach, beyond Hong Kong however.