The Hong Kong government has allocated HK$20m ($2.5m) in its 2023 – 24 budget to promote the high-end maritime service industry sector.

Panama has opened a new technical office (SEGUMAR) in Hong Kong to provide support and technical advice to users of the Ship Registry

Denmark’s Lauritzen Bulkers will open a new office in Hong Kong in a move to improve its connectivity with customers in the Asia region.

Wallem Group has announced the resignation of its chief executive Frank Coles, after he has held the position for the past two-and-a-half years.

Modern Terminals Ltd (MTL) is appointing Horace Lo as group managing director as Peter Levesque leaves the Hong Kong company to join Ports America.

Leaders from the maritime, legal and banking sectors in Hong Kong see huge business potential in the Greater Bay Area and stress that governments need to listen to voices from the private sector.

CSSC (Hong Kong) Shipping Company inked a sale and leaseback deal for a floating LNG storage and regasification barge with a charterer incorporated in Hong Kong.