Get Apps
Get Apps
Get Apps
點新聞-dotdotnews
Through dots,we connect.

Key maritime merchants forum in HK helps steer course for shipping industry

Hong Kong
2024.11.24 19:06
X
Wechat
Weibo

The world's first intelligent research and training dual-purpose ship is making its debut visit to Hong Kong and open for admission as a highlight of the city's maritime week, which lasted through Saturday.

One may miss the chance to board it in person since bookings for "Xin Hong Zhuan" were instantly full days ago. The vessel, built by COSCO Shipping Heavy Industry (Dalian) Co., Ltd. for Dalian Maritime University, a key maritime institution under China's Ministry of Transport, has become the latest darling of Hongkongers.

It's far more than ordinary people who are galvanized by the latest breakthroughs in maritime technology, but business insiders and experts who know that with combined efforts from the government and industry, the sector is gaining traction among a growing number of Chinese, particularly a new generation of successors, through increasing input in maritime education.

This is especially crucial for Hong Kong as it redefines its role in the shipping industry amid changing global dynamics and fierce industrial competition, battling the brain drain and navigating a green shift.

At the World Maritime Merchants Forum (WMMF) 2024, which convened in Hong Kong on Monday, reporters met with a forum volunteer surnamed Ho, also a maritime studies major at the Hong Kong Polytechnic University, and were intrigued by her stories as she eagerly recounted what she has learned from the forum.

Echoing the view of many participants at the forum, its fourth edition here in Hong Kong starting 2021, Ho said she noticed a much stronger call for bold actions on green transition in the maritime sector than ever before as "the clock is ticking on mandatory sustainability reporting."

Corporate responsibility for sustainability reporting has come closer into focus, transforming from a point of concern to a business imperative, and that rattles those along the shipping industry and supply chains, insiders said.

"That's why we call it 'Maritime Merchants' and not just 'Maritime' forum," said Lothair Lam, WMMF chairman and general manager, noting that the forum mechanism is conducive to pooling resources and leveraging the role of the shipping sector as an important link along the value chain.

As the platform broadens, it is also expected to engage more businesses, boost cooperation and innovation across the industry and beyond, and jointly build a prosperous Hong Kong, Lam said.

Back in 2021, the nascent forum unfolded during the COVID-19 pandemic and at a time when many people were keenly concerned about the prospect of Hong Kong as an international shipping center, Wang Yongxin, president of China Merchants Energy Shipping Company Limited, also the organizer of the annual forum.

"As a Chinese central state-owned enterprise based in Hong Kong, we believe that the more trying the times are, the more we need to bring China's voice and China's solution to the world," noted Wang. "This is why we started the forum in the first place.

In September 2022, China Merchants Energy Shipping Company Limited launched its supertanker "New Aden," with sail wings cutting fuel consumption by over 7.4 percent on average annually, and has been striving toward the dual carbon goal.

After the first edition wrapped up successfully online and offline with solid technical support from China's tech giant Tencent, the Transport and Logistics Bureau of the HKSAR offered to cohost the second edition, and starting from the third edition, the WMMF was incorporated into the Hong Kong Maritime Week as a flagship event, sharing the opening ceremony with the maritime week.

Themed "Navigating the Cycles," this year's forum tackles such critical topics as the role of ship finance in industrial transformation, the implications of new carbon-tax regulations and the transformative potential of artificial intelligence in driving digital change in shipping, sending a clear and compelling statement of humanity's commitment to sustainability.

"Over the years, the forum has increasingly emerged as a signature event promoting the global shipping industry chain," said Chan Kwok-ki, acting chief executive of the Hong Kong Special Administrative Region (HKSAR) government, when addressing the opening ceremony of Hong Kong Maritime Week 2024 cum World Maritime Merchants Forum 2024.

As a gateway to Asia as well as one of the world's busiest and most efficient ports, Hong Kong has been adjusting itself to a plethora of new requirements in the maritime industry, and has been actively engaging regional and global partners in fueling a green shift.

The WMMF, coupled with the maritime week, is just one example and a calling card of Hong Kong's maritime endeavors. In June, the HKSAR government launched the Green Incentive Scheme, the first of its kind in the world, which is carbon intensity indicator-related. Last week, the HKSAR government promulgated the Action Plan on Green Maritime Fuel Bunkering, mapping out a clear roadmap to build Hong Kong into a high-quality green maritime fuel bunkering center.

"Talent is also critical to our future success. We will continue to invest in maritime service talent development, strengthening our collaboration with international marine insurance organizations. We will also expand the Maritime and Aviation Training Fund to cover more green energy courses and marine insurance examinations," Chan said.

Expecting more like-minded young people to join her, Ho believed the WMMF is like a pier from which her own career dream and the maritime vision of Hong Kong and beyond can set sail.

(Source: Xinhua)

Related News:

InvestHK promotes HK's advantages and opportunities in maritime and logistics industry during Hong Kong Maritime Week 2024

InvestHK and GBA Development Office jointly promote business opportunities in GBA in Kuala Lumpur

InvestHK updates 'New Capital Investment Entrant Scheme' rules and related application documents

Tag:· shipping industry·dual-purpose·intelligent research·COSCO

Comment

Video
More >>
100 Ways To Drool | Egg-baked pancake The egg-baked pancake is a traditional street snack from Chengdu, Sichuan Province, China.
100 Ways To Drool
2026.10.14 17:40
Ningboese Lineage in HK | Chao Kuang-piu family's deep dive into tech innovation ignites a new engine for Ningbo-HK synergy The Chao family, a prominent Hong Kong family of Ningbo origin, has played a significant role in advancing industrial development and technological innovation in the Chinese mainland. The family's legacy reflects the pioneering spirit of Ningbo merchants and highlights opportunities for stronger Ningbo-Hong Kong collaboration in technological innovation and industrial upgrading.
Video
2026.10.14 11:30
OMG | What does school lunch look like in China? School lunches — a daily ritual for millions of students across China. But what does it actually look like on the ground? The rice falls off the spoon two seconds after being placed in the bowl. Each student can choose their own portion size. We take you inside Chinese school canteens to see how lunchtime really works. Let's take a look!
OMG
2026.10.14 09:35
Not an Outsider EP31 | 'Rich culture will forge its path': French Actor Laurent Bàn optimistic about Chinese musical development Under the spotlight, he is the troubadour Gringoire, and also the madly jealous Salieri. But in the hearts of Chinese audiences, he has a warmer name – "Lao Hang Ban" (a playful phonetic rendition of his name, meaning "Old Flight").
Not An Outsider
2026.10.13 19:21
Opinion
More >>
Opinion | Behind the double 'World's No. 1': How world-class hospitality is forging a new chapter for HK tourism Bar Leone in Central, Hong Kong, was crowned the world's best bar for the second consecutive year. Barely three weeks earlier, Rosewood Hong Kong likewise retained its No. 1 ranking, becoming the only hotel to successfully defend the title since the list was founded. Bars and hotels are two mirrors of the hospitality industry. That both "world's best" titles have fallen to Hong Kong in the same year is no coincidence—it is an objective affirmation by international professional juries of the city's service standards and business environment.
Kevin Lau
2026.10.15 09:25
Opinion | Here's what Trump's Russian diesel ploy is all about US President Donald Trump has provoked outrage by announcing a plan to import diesel from the Russian Federation. The plan, widely condemned by allies and other American politicians, is a slap in the face to the massive sanctions imposed on Moscow by Washington following its invasion of Ukraine in 2022.
Tom Fowdy
2026.10.14 18:00
Opinion | Asian Games: HK demonstrates its prowess Tony Kwok says city's success demonstrates merits of the "one country, two systems" policy
Opinion
2026.10.11 10:53
Opinion | Nobel Peace Prize—Denied twice, will Trump start another war? Once again, Trump the warmonger, misses out on the Nobel Peace Prize. That leaves him hopping mad. He calls the decision to give the award to Navi Pillay, a former UN human rights chief "disgraceful and embarrassing". I shudder to think what Trump will do next year when the big bad bully is denied his coveted prize a third time. Will he go berserk, and start another war just to spite Norway? With Trump, nothing is too far-fetched.
Philip Yeung
2026.10.10 20:15
Deepline
More >>
Deepline | 1 in 10 claim social benefits: US media says welfare system is crushing Britain Ahead of UK Chancellor Healey's first budget for the Burnham government, Britain's troubled welfare system has once again become a media focus. The Wall Street Journal said in an article on the 11th that the UK's welfare system is "crushing" the country.
Deepline
2026.10.14 17:30
Deepline | HK attracts global fashion names as KIM JONES picks city for first flagship store Hong Kong's unique role as a gateway connecting the Chinese mainland with the rest of the world is making it a preferred destination for international brands seeking to expand their presence in Asia. KIM JONES, the eponymous fashion label founded by renowned British designer Kim Jones OBE, is set to open its first-ever retail flagship store in HK in the second half of 2027, signalling international brands' confidence in the city's core commercial districts, consumer spending power and role as a global gateway.
Deepline
2026.10.14 13:35
Deepline | Chinese innovation and engineering take center stage at the Aichi-Nagoya Asian Games The Aichi-Nagoya Asian Games came to a close on Oct. 4 after a two-week competition, with China topping the gold medal table for the 12th consecutive edition.
Deepline
2026.10.08 18:05
Deepline | Service upgrades and diverse entertainment make 'hospitality capital' golden brand shine brighter The seven-day National Day Golden Week is drawing to a close. In the first five days, Hong Kong received nearly 1.266 million visitor arrivals, of which about 1.127 million were mainland visitors. This is set to exceed the Immigration Department's estimate of about 1.29 million mainland visitors for the entire Golden Week, and is expected to bring about HK$1 billion in direct consumption benefits.
Deepline
2026.10.06 17:09
Hong Kong
More >>
Opinion | Behind the double 'World's No. 1': How world-class hospitality is forging a new chapter for HK tourism Bar Leone in Central, Hong Kong, was crowned the world's best bar for the second consecutive year. Barely three weeks earlier, Rosewood Hong Kong likewise retained its No. 1 ranking, becoming the only hotel to successfully defend the title since the list was founded. Bars and hotels are two mirrors of the hospitality industry. That both "world's best" titles have fallen to Hong Kong in the same year is no coincidence—it is an objective affirmation by international professional juries of the city's service standards and business environment.
Kevin Lau
2026.10.15 09:25
China's finance ministry outlines key agenda items for APEC Finance Ministers' Meeting China's Ministry of Finance has introduced the key agenda items and expected outcomes of the APEC Finance Ministers' Meeting scheduled on Oct. 20 and 21 in Hong Kong.
Hong Kong
2026.10.14 20:12
Lam Tin Station hit by faults for two consecutive days: MTR says to follow up with in-depth investigation MTR Kwun Tong Line Lam Tin Station was hit by two consecutive incidents yesterday (Oct. 13) afternoon and this morning (Oct. 14), disrupting services. MTR representatives met reporters at Lam Tin Station at 12:30 pm today.
Hong Kong
2026.10.14 17:18
Joey Yung adds third show to 2027 Kai Tak concert run, tickets go on sale Nov. 13 Hong Kong Cantopop star Joey Yung will perform an additional show on Jan. 18, 2027, at Kai Tak Stadium, ahead of her previously announced concerts on Jan. 22 and 23. Tickets will go on general sale on Nov. 13, with UnionPay cardholders eligible for priority booking from Nov. 9.
Lifestyle
2026.10.14 16:22
China
More >>
OMG | What does school lunch look like in China? School lunches — a daily ritual for millions of students across China. But what does it actually look like on the ground? The rice falls off the spoon two seconds after being placed in the bowl. Each student can choose their own portion size. We take you inside Chinese school canteens to see how lunchtime really works. Let's take a look!
OMG
2026.10.14 09:35
Foreign executive: Believe Chinese and US leaders will meet again within the year, China has become global advanced testing ground for development The 38th Shanghai Mayor's International Business Leaders' Advisory Council (IBLAC) meeting was held on Oct. 11, bringing together 42 top international entrepreneurs from 14 countries around the world at the Grand Halls to offer advice on the theme of "Promoting Innovative Development of Shanghai's Service Industry." Many attending European and American executives converged on the topic of AI, saying China and the US can work together to address the challenges of AI development, with Shanghai being an ideal application scenario.
China
2026.10.13 13:15
Ningboese Lineage in HK | 'Shipping magnate' gives back through education: Three generations of Pao family's patriotism and educational dream In the summer of 2024, President Xi Jinping responded to Anna Pao Pui-hing, Ronald Chao Kee-young, and other Hong Kong entrepreneurs of Ningbo descent, affirming the patriotic and hometown-loving traditions of the Ningbo Merchants Group and encouraging them to integrate into the national reform and opening-up agenda.
Video
2026.10.13 12:05
Watch This | Wild Siberian tigers, Amur leopards thrive in NE China With a combination of cutting-edge technology and on-the-ground patrols, some special felines are thriving at the Northeast China Tiger and Leopard National Park! Find out how conservation efforts are helping wild Siberian tigers and Amur leopards flourish.
China
2026.10.13 09:15
More
More >>
Caricature: Allied trade tensions grow as EU weighs risks of becoming Washington's next target The United States has escalated a tariff dispute with Canada, triggering fresh concerns over trade tensions among close Western allies and adding pressure on partners that could be caught in the crossfire.
Dot Dot Pic
2026.09.27 18:10
Journalist's View | He gives a thumbs-up 'you are in great spirits': Truly understand what it means to stand with HK I’ve lost count of how many times I’ve met the Chief Executive, John Lee.
Editors' Pick
2026.09.18 15:55
Journalist's Hands-on Experience | On the road to Xizang's disaster zone A reporter travels from Dingri County to the front line of the landslide-hit Gyirong Port in Xizang, witnessing rescue vehicles rushing through rain and fog after National Highway 216 was largely reopened. Along the 260-kilometer journey, the reporter speaks with local residents and rescue workers about worsening weather, helicopter operations and ongoing search-and-rescue efforts, before reaching the junction of National Highway 216, where access remains restricted to rescue vehicles.
Editors' Pick
2026.09.03 12:13
Journalist's View | There's no such thing as a 'Caotai Team' — It's just another way to encourage innovation On May 25, Chinese novelist Yu Hua posted a short video on social media titled "What Is a Caotai Team?" In the clip, Yu and three very different people shared their stories: a 16-year-old middle school student who taught himself documentary filmmaking; a food delivery rider who has been delivering for eight years while writing for 38 years and is now known as a "delivery poet"; and a young man from a small town who builds model airplanes by hand.
Editors' Pick
2026.05.29 19:06
Click for more
< Go back
Search Content 
Content
Title
Keyword
New to old 
New to old
Old to new
Relativity
No Result found
No more
Close
Light Dark