Shipping & Marine

Charlton Media Group acquires the Marine & Industrial Report Newspaper

The company will expand readership and create an awards program and events for the marine and offshore sectors.

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.