Business Daily Media

Men's Weekly

.

Hong Kong - Sailing towards a greener tomorrow

HONG KONG SAR - Media OutReach Newswire - 19 November 2024 - Global business leaders, policymakers and innovators have dropped anchor in Asia's world city for Hong Kong Maritime Week 2024 (HKMW) (November 17 – 23), an annual flagship event comprising conferences, exhibitions and networking activities under the broad theme of "Navigating to a Greener Future".



The theme of Hong Kong Maritime Week 2024 is
The theme of Hong Kong Maritime Week 2024 is "Navigating to a Greener Future".

With over 50 industry and public events hosted by more than 80 marine organisations, this year's HKMW has attracted about 14,500 local, Mainland and international maritime professionals.

HKMW is also an opportunity for Hong Kong's maritime industry to demonstrate its commitment to reinforcing its status as an international maritime centre and expanding its high-end maritime service offerings, as underlined in last month's Policy Address announced by John Lee, Chief Executive of the Hong Kong Special Administrative Region. Among the key policy areas are the development of high value-added maritime services and developing the city as a green maritime centre.

Speaking at the Hong Kong Global Maritime Trade Summit (November 18) themed "Risk & Resilience in an Age of Disruption", Secretary for Transport and Logistics, Lam Sai-hung highlighted the city's latest achievements.

"Hong Kong is the first flag administration to introduce a green incentive scheme offering cash reward for Hong Kong registered ships attaining rating A or B in IMO (International Maritime Organization)'s carbon intensity indicator," Mr Lam said.

"We promulgated last Friday (November 15) the Action Plan on Green Maritime Fuel Bunkering and will take forward the related infrastructural development such as green maritime fuel bunker terminals, promote port emissions reduction, offer incentives to encourage green maritime fuel usage, co-operate with neighbouring ports and set up green shipping corridors with major partners."

Mr Lam added that Hong Kong would step up partnerships with Mainland and overseas institutions in nurturing maritime manpower and talent through more collaborated training and talent exchange programmes, with a view to nurturing high-quality talent.

Another theme of this year's HKMW is the development of the Guangdong-Hong Kong-Macao Greater Bay Area (Greater Bay Area). Here, Hong Kong has an important role to play thanks to its competitive advantages including a preferential tax regime for maritime services and high-quality professional services such as marine insurance, maritime law and arbitration, maritime technology, port and logistics, ship finance and ship management.

Addressing the opening of the ALMAC (November 18), Acting Chief Executive, Chan Kwok-ki, noted that Hong Kong ranked fourth in this year's International Shipping Centre Development Index, a testament to the city's strengths as an international maritime centre.

"We see long-term opportunities in Hong Kong's rise as a green and smart port. Our Action Plan on Maritime and Port Development Strategy (the Action Plan) outlines that promising future, including building green fuel-bunkering capabilities," he said.

"Combining our aviation and maritime strengths, Hong Kong has long been a major cargo gateway to and from the Greater Bay Area."

Other main events of HKMW 2024 include the inaugural Global Maritime Trade Summit in Hong Kong and a forum hosted by the IMO titled "From Waste to Wealth: Unlocking Investment Opportunities in Ship Recycling", focusing on the sustainable recycling of ships and related prospects.

Government officials around the globe and prominent leaders from the international maritime sector gathered in Hong Kong to attend Hong Kong Maritime Week 2024.
Government officials around the globe and prominent leaders from the international maritime sector gathered in Hong Kong to attend Hong Kong Maritime Week 2024.

Meanwhile, Dalian Maritime University's "Xin Hong Zhuan", the world's first intelligent research and training dual-purpose ship, is also making its debut visit to Hong Kong.

Hashtag: #hongkong #brandhongkong #asiasworldcity #maritime #gba #collaboration #business #partnering #logistics #port






The issuer is solely responsible for the content of this announcement.

News from Asia

ANDPAD Launches Vietnamese Language Support for its Cloud-Based Construction Project Management Service

Expanding Multilingual Support for Global Users TOKYO, JAPAN - Media OutReach Newswire - 26 June 2025 - ANDPAD Inc. (Head Office: Chiyoda-ku, Tokyo; CEO: Takeo Inada; hereinafter ANDPAD), which op...

Changhong Unveils Smart Living Innovations at 2025 Jakarta Expo, Bringing AI-Driven Appliances to Indonesian Homes

Exclusive Shopee partnership brings cutting-edge smart living technology to Indonesian consumers JAKARTA, INDONESIA - Media OutReach Newswire - 24 June 2025 - Changhong, a global leader in smart ...

Malaysia Launches Full-Scale Startup ASEAN Platform To Drive Regional Growth

PUTRAJAYA, MALAYSIA - Media OutReach Newswire - 26 June 2025 - Malaysia today launched the Startup ASEAN platform, marking the full-scale rollout of a bold, unified digital gateway to connect and e...

Hong Kong Civil Claim Centre Launches Free Work Injury Compensation Calculator

HONG KONG SAR - Media OutReach Newswire - 26 June 2025 - The Hong Kong Civil Claim Centre (hkcivilclaim.com) has officially launched a brand-new online feature: the Work Injury Compensation Calcu...

Deleted

This Press release has been killed

SiegFund Transforms into SiegPath: A Strategic Rebrand Paving the Way for the Future of Professional Trading

HONG KONG SAR - Media OutReach Newswire - 24 June 2025 - SiegFund, a fintech–driven proprietary trading platform, has officially completed its brand upgrade and will now operate as SiegPath, serv...

Plaza 66’s Pavilion Extension Tops Out, Opening in Second Half of 2026

Expanding Retail Space by 13% to Boost the New Consumption Economy in Shanghai HONG KONG SAR & SHANGHAI, CHINA - Media OutReach Newswire - 26 June 2025 - Hang Lung Properties Limited (SEHK sto...

New EcoFood@Mandai Development Offers Tailored Food Factory Spaces in the North

SINGAPORE - Media OutReach Newswire - 26 June 2025 - A new food factory hub, EcoFood@Mandai, has officially launched in Singapore’s northern region, bringing purpose-built factory units to a wide ...

GREE Opens Singapore Office to Drive Asia-Pacific Expansion with World-Class Air Conditioning Technologies

SINGAPORE - Media OutReach Newswire - 26 June 2025 - Global electronics manufacturer GREE has officially launched its Singapore branch, marking a key milestone in its expansion in Southeast Asia. ...

HONMA Golf Announces Annual Results for FY2024/25

Continued Gross Profit Margin and Net Operating Cash Flow improvements albeit difficult market conditions HONG KONG SAR - Media OutReach Newswire - 26 June 2025 - HONMA Golf Limited ("HONMA"; tog...

Demand for Home Batteries surges as Federal Rebate Kicks In

A leading provider of energy solutions VoltX Energy has seen a 400% increase in demand for home batteries in the past three weeks as people put d...

Why Sport Remains the Safest Bet in an Uncertain World

When Rome was in crisis, its leaders did not retreat to the Senate. They went to the circus. To the chariot races. To the gladiators. Sport was no...

THE FINE LINE WITHIN HILARIOUS SIGNAGE DESIGN FAILS

It seems like design failures still occur in today’s modern branding era, despite rigorous rounds of approvals behind the scenes. One signage show...

Deputy Announces Exclusive Global Partnership with Predelo to Bring AI to Shift-Based Businesses

Deputy, the global people platform for shift-based businesses, has announced an exclusive partnership with Predelo, an AI Decision Agent-as-a-Serv...

Leftover Budget? The Last-Minute EOFY Tip to Drive Business Success in FY25/26

The countdown is on. With just days left until EOFY, now’s the time to make your remaining 2024–2025 budget work harder and smarter. After workin...

pay.com.au appoints new CEO and Managing Director

The former COO will lead the company’s next growth phase, with ex-CEO Edward Alder transitioning into the role of Managing Director AUSTRALIA, 25...

Sell by LayBy