Shipping & Marine
Hong Kong needs to act to keep its global maritime hub status afloat
As of 2023, Hong Kong maintains a 2.4% share of the world fleet in terms of vessel numbers.
Hong Kong needs to act to keep its global maritime hub status afloat
As of 2023, Hong Kong maintains a 2.4% share of the world fleet in terms of vessel numbers.
Sustainable fuels not a silver bullet for shipping decarbonisation – experts
The shipping industry can only achieve a 2.8% emission reduction, even if it uses 54% of the world’s renewable energy.
HK port congestion likely to drive up freight rates
Container spot rates are at a new all-time high at the end of the second quarter.
Keppel, Sembcorp start talks on possible merger
Keppel is also in talks with Temasek on selling its legacy rigs.
Hong Kong exports likely to grow 15% in 2021
The HKTDC reported export confidence rose for the 5th consecutive quarter.