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Hong Kong to mandate OGVs to use compliant fuels while berthing

2015-03-12 01:00:00| Ship Technology

Hong Kong Government is to bring into effect a new regulation mandating the use of clean fuels by ocean-going vessels (OGVs) while at berth, in order to reduce emissions.

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Hong Kong January Retail Sales: Grinding Through The Drought

2015-03-04 11:59:42| Jewelry - Topix.net

Hong Kong January sales came in worse than consensus estimate. While some may blame the calendar shift of the Chinese New Year to be responsible for the weak sales, I would point out these weak sales also highlight the challenges that HK retailers face without the influx of mainland shoppers.

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Genting Hong Kong to acquire Crystal Cruises for $550m

2015-03-04 01:00:00| Ship Technology

Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK Line) has agreed to sell its subsidiary luxury cruise line Crystal Cruises to Genting Hong Kong (GHK), for $550m in cash.

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Hong Kong firms must break their family ties

2015-02-15 13:11:51| Logistics - Topix.net

The strange demise of the importance of Hong Kong Chinese family companies comes at a time when the city desperately needs to reinvigorate its business and innovation culture and redirect its investment priorities. How a new generation creates new wealth for the city will be crucial to determining Hong Kong's role in China and the rest of the world.

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As public hearing wraps, Jetstar Hong Kong awaits word of its fate

2015-02-15 01:53:00| Airlines - Topix.net

A public hearing on the fate of proposed budget carrier Jetstar Hong Kong ended yesterday, leaving the Air Transport Licensing Authority to give out its verdict on whether the carrier meets the Basic Law requirement of having its principal place of business in the city. The airline, owned in equal parts by Australia's Qantas Airways, Shanghai-based China Eastern Airlines and local conglomerate Shun Tak Holdings, has been grounded due to regulatory hurdles for more than two years after its planned launch in 2012.

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