Mitsui OSK Lines (MOL) has established MOL Worldwide Logistics Ltd (MWL) in Hong Kong to lead the MOL Group’s non vessel operating common carrier (NVOCC) business.

Taiwanese-owned Hong Kong-based intra-Asia feeder line is planning an initial public offering in Hong Kong, local media reported.

BIO-UV Group, the France-based manufacturer of the fully type-approved BIO-SEA ballast water management system, has appointed Steven Matthew to head up the company’s new sales office in Hong Kong.

Hong Kong is planning a number of tax incentives to promote marine insurance, reinsurance and specialty insurance as the city tries to make up lost ground in the fight with Singapore for regional business.

Steamship Mutual P&I Club has upgraded to a full branch in Hong Kong after having maintained a presence in the in the city for almost 30 years.

The Port of Hong Kong predictably continued to see a slide in throughput in July as volumes fell 7.9% overall to 1.64m teu.

Cosco Shipping Ports has continued its strong and steady pace of growth in July, with overall throughput rising 12.1% to 8.59m teu, led by a stellar performance at its Bohai Rim ports and overseas terminals.

The apparent plight of seafarers and alleged inaction of the Hong Kong Ship Registry (HKSR) has been brought to light by a suit against the Hong Kong Marine Department (Mardep), the South China Morning Post reported.

As the world of shipping changes much more rapidly than it has done before, the transition of leadership at the International Chamber of Shipping (ICS) is also about keeping up with that change.

Hong Kong has overtaken London to take the second spot in the International Shipping Centre Development Index (ISCD), while Dubai has moved into the top five for the first time.