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

Etiqa Insurance Singapore Launches "Live Ready With You" Brand Campaign that brings Readiness to Life in Uncertain Times

Etiqa reaffirms its commitment to being there for Singaporeans during life’s unexpected moments, inspired by real-life experiences and emotional storiesSINGAPORE - Media OutReach Newswire - 15 Sep...

OROJIN™️ Makes Global Debut at BIOHK 2025 to Lead The Future of Preventive Medicine

Breakthrough Chewable Chlorogenic Acid Tablet Designed To Support Immunity, Cellular Vitality and Metabolism.HONG KONG SAR - Media OutReach Newswire - 15 September 2025 - OROJIN™️, the breakth...

Finex Trader Wins BYD M6 in Get X2 Promo

JAKARTA, INDONESIA - Media OutReach Newswire - 15 September 2025 - Finex, an acclaimed Indonesian broker, announces the grand winner of the Get X2 promo, a 2025 New Year’s promotion celebrating s...

CIFTIS rides new wave of cultural consumption

BEIJING, CHINA - Media OutReach Newswire - 15 September 2025 - The culture and tourism services exhibition hall was among the most vibrant venues at the 2025 China International Fair for Trade in ...

China's innovative service sector unlocks fresh int'l cooperation potential, says Australian accounting expert

BEIJING, CHINA - Media OutReach Newswire - 15 September 2025 - The transition of China's service sector toward innovation and cutting-edge technologies is opening new avenues for global cooperatio...

AI innovation injects new momentum into China's services trade

BEIJING, CHINA - Media OutReach Newswire - 15 September 2025 - Amid the buzz of the ongoing 2025 China International Fair for Trade in Services (CIFTIS), a robot dog is stealing the show...

Services trade emerges as key engine for China's high-quality development

BEIJING, CHINA - Media OutReach Newswire - 15 September 2025 - The services trade is becoming an increasingly crucial engine for China's economic growth and has substantial potential, driven by te...

Jennings Unveils Its Experience Center: A Tactile, Design-Driven Approach to Laminate Selection

SINGAPORE - Media OutReach Newswire - 15 September 2025 - Jennings Trading Enterprise Pte Ltd has officially opened its new Experience Center at Kranji Green, Singapore. More than just a showcas...

China advances services trade, unlocking opportunities for global collaboration

BEIJING, CHINA - Media OutReach Newswire - 15 September 2025 - Amid global trade headwinds, China is sending fresh signals that it will further advance trade in services, providing strong momentum...

Services trade surges as China embraces smart technologies, openness

BEIJING, CHINA - Media OutReach Newswire - 15 September 2025 - In Shougang Park, a former ironworks site in western Beijing, new technologies from AI to cloud computing and green innovation are on...

Manny Shah: Is your business disappearing from Google? You’re not alone

Small business owners across Australia are panicking as their websites vanish from Google’s front pages overnight. According to Manny Shah, cofounde...

MR Roads named Queensland Finalist in the 2025 Telstra Best of Business Awards

MR Roads, co-founded by Daniel Mikus and James Rolph, has been announced as a Queensland finalist in the prestigious 2025 Telstra Best of Business...

AWS research shows strong AI adoption momentum in Australia, with startups outpacing large enterprises in innovation

Amazon Web Services (AWS), an Amazon.com company, released new research revealing that while artificial intelligence (AI) adoption continues to acce...

Changing the World One Bite At a Time: IKU Turns 40

One of Australia’s first plant-based, chef-led eateries and now ready meal provider IKU is celebrating its 40 year anniversary with the business e...

Three generations marking 45 years in hot-air balloons

Australia’s leading hot-air balloon company is celebrating 45 years in the sky and its 700,000th passenger, driven by the passion of father-son du...

Workplace DMs, Reinvented: Deputy Messaging, Purpose-Built For Shift-Based Teams

Deputy, the global people platform for shift-based businesses, has launched Deputy Messaging, a fully integrated, real-time communication tool designe...

Sell by LayBy