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Caravel’s Angad Banga new HKSOA Chairman

Photo: HKSOA Angad Banga new Chairman of HKSOA
Angad Banga, the Chief Operating Officer for Caravel Group, has been appointed as the new Chairman of Hong Kong Shipowners Association (HKSOA).

Banga succeeds Wellington Koo of Valles Steamship, who has completed his two-year term. 

Faced with the challenges posed by the pandemic, unique local issues, and an evolving regulatory framework, Wellington’s strategic acumen and steadfast commitment have reinforced our Association and left an indelible impact on the entire maritime community in Hong Kong,” Banga said. 

As we continue to operate within the maritime industry, we are acutely aware of the challenges we face. These include a complex regulatory environment, the imperative of environmental sustainability, the urgency for digital transformation and enhanced crew welfare. These challenges should not be viewed as obstacles but as catalysts for innovation, new ideas and change,” he said.

The Hong Kong Shipowners Association will further enhance our efforts to facilitate dialogue and cooperation, promote technological and environmental advancements, and advocate for equitable and effective policies. Together, we can transform these challenges into opportunities for growth and development,” continued Banga.

HKSOA is one of the world’s largest shipowner associations, with its members owning, managing and operating a fleet with a combined carrying capacity of over 223 million dwt.