A rumoured ban on open-loop scrubbers in Chinese waters has no basis in fact claims Bimco’s regional manager for Asia, Wayne Zhuang, on good authority. Dong Leyi, state official from the China Maritime Safety Administration […]
Trans Global Projects has exited Hong Kong to consolidate operations further north in Shanghai and Dalian TGP, a U.K.-based international project logistics specialist, is aiming to further align its global network with the Chinese market […]
Ratings agency A.M.Best has applauded a recent agreement that gives qualified reinsurers in Hong Kong preferential regulatory treatment over offshore reinsurers is expected to boost Hong Kong’s standing as a risk management hub in Asia […]
Hong Kong’s Insurance Authority has completed many months of negotiations to achieve a milestone deal with the Mainland’s China Banking and Insurance Regulatory Commission that will provide valuable, preferential treatment to Hong Kong reinsurers. Under […]
As the US and China prepare to ratchet up their trade dispute the World Trade Organization’s latest report on G20 trade measures reveals a surge in trade-restrictive practices implemented between October 2017 and May 2018. […]
The fall in container volumes at the Port of Hong Kong continued in May after four months of decreasing throughput. During May 1.725m teu were handled at the port reflecting a fall of 5.4% Drilling […]
After a good start to 2018, the Port of Hong Kong has now chalked up throughput declines for two months in a row. In March the territory handled 1.6m teu, a 7.4% fall compared to […]
From 1 September 2017, Zhejiang joined other ports in the Yangtze River Delta ECA, imposing a 0.5% sulphur cap on vessels at berth. The move follows similar actions taken on 1 April 2016, by key […]
Hong Kong-based Orient Overseas Container Lines is among the latest batch of international liner firms to bow to pressure from China’s National Development and Reform Commission and the Ministry of Transport to lower terminal handling […]
E-commerce is playing an increasingly important role in the growth of logistics provider Kerry Logistics. The group cites demand momentum boosted by cross border e-commerce as particularly strong between Greater China and ASEAN. In its […]
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