By Jonathan Saul LONDON, Sept 15 (Reuters) - Hong Kong's port expects a slight rise in container shipping volumes this year despite continuing global turmoil in the sector. The global container industry, which transports everything from bananas to iPhones, is showing signs of better returns after a near-decade long slump. Nevertheless, worries over global retail … [Read more...]
VIDEO: Eleven Rescued from Sinking Cargo Ship Near Hong Kong
https://www.youtube.com/watch?v=pLA4YYnYNOI Eleven crew members were rescued from a sinking cargo ship near Hong Kong on Sunday as Tropical Storm Pakhar hit China's southern coast. Xinhua news reported that the Hong Kong Maritime Rescue Coordination Center was alerted at about 7 a.m. local time on Sunday that a cargo ship was taking on water about 64 … [Read more...]
Hong Kong Secures Shipping Hub Status with Nod to Vessel-Sharing Agreements
By Sam Whelan, Asia Correspondent (The Loadstar) - The Hong Kong Competition Commission has issued a five-year block exemption order for liner shipping vessel-sharing agreements (VSAs). However, it declined to issue a similar exemption for vessel-discussion agreements (VDAs). The order, announced on Tuesday, follows two years of legal uncertainty for shipping lines after … [Read more...]
Hong Kong Closes Beaches as Stinking Palm Oil Washes Ashore Days After Ship Collision
HONG KONG, Aug 8 (Reuters) - Hong Kong has closed more than a dozen beaches after a palm oil spill washed foul-smelling, Styrofoam-like clumps ashore, the latest major environmental disaster to blight the territory's waters. The Chinese-controlled city closed two more beaches in the south of Hong Kong island on Tuesday, bringing to 13 the total shut since two vessels … [Read more...]
Shell provides OOCL its integrated lubrication solutions for the world’s largest container ship
Orient Overseas Container Line (OOCL), one of the world's largest integrated international container transportation, logistics and terminal companies, has appointed Shell Marine to provide its integrated marine solutions, which include lubricants and services for OOCL Hong Kong. OOCL Hong Kong is the latest vessel to claim the ‘world’s largest container ship’ with a capacity of … [Read more...]