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HK to set up joint body to build up maritime services sectorHK to set up joint body to build up maritime services sector

Hong Kong is planning to set up an inter-departmental body to provide a one-stop shop for the maritime sector and aims to equal London as an international shipping service hub, local media reported.

Vincent Wee, Hong Kong and South East Asia Correspondent

February 19, 2014

1 Min Read
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According to the South China Morning Post, the new maritime bureau is expected to also include port development but will focus on promoting shipping services, such as ship management as well as brokerage, finance and insurance services.

"What we should do now is to upgrade Hong Kong to be on par with London as an international shipping service hub," lawmaker Miriam Lau Kin-yee was quoted as saying. "Let's forget about attracting more containers to go through Hong Kong" especially since Shenzhen had already overtaken the city as the third-busiest port in the world last year, she added.

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About the Author

Vincent Wee

Hong Kong and South East Asia Correspondent

Vincent Wee is Seatrade's Hong Kong correspondent covering Hong Kong and South China while also making use of his Malay language skills to cover the Malaysia and Indonesia markets. He has gained a keen insight and extensive knowledge of the offshore oil and gas markets gleaned while covering major rig builders and offshore supply vessel providers.

Vincent has been a journalist for over 15 years, spending the bulk of his career with Singapore's biggest business daily the Business Times, and covering shipping and logistics since 2007. Prior to that he spent several years working for Brunei's main English language daily as well as various other trade publications.

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