Li and Fok will stay on as co-executive directors, while Fok will serve as deputy chairman and chairman of its telecoms arm.

Hong Kong’s Global Shipping Business Network has finished a prototype of its first electronic bill of lading in collaboration with Ant Group’s ZAN blockchain unit.

Financial services and logistics were the hardest-hit sectors in Hong Kong, while manufacturing was the most impacted across Greater China by ransomware.

Readers discuss the valuable role Hong Kong’s shipping industry can play, and a recent fatal road accident.

Across Victoria Harbour, an exhibition at the Hong Kong Maritime Museum, shows the harbour’s role in shaping Hong Kong, through old photos, interviews, models and more.

US electronic payment platform operator PayCargo is teaming up with local firm Autotoll to offer its solution to the logistics industry, banking on Asia’s biggest air cargo hub to expand its footprint.

With fourth deficit in five years being estimated to be over HK$100 billion, Chan expected to deliver measures to boost income, cut expenditures and develop new industries.

Westwell, a Chinese developer of AI chips for autonomous vehicles, plans to invest HK$300 million (US$39.36 million) in the next five years to attract global talent to its new international HQ in Hong Kong.

Westwell, which makes AI chips and autonomous vehicles for the logistics industry, inaugurates on Tuesday its international headquarters in Hong Kong as a springboard to global expansion.

With Filipinos shopping online more than ever, rental growth for industrial space in Manila is likely to rise between 3 per cent and 5 per cent this year after jumping nearly 40 per cent last year, Knight Frank says.

State-backed China Merchants Group will manufacture WIndWings, which cuts fuel consumption and carbon emissions.

Readers discuss how the city can attract tourists from the Muslim world, lure expats back from the Middle East, and secure its status as a shipping hub.

The action plan on maritime and port development strategy, unveiled by the Transport and Logistics Bureau on Wednesday, lays out key areas of focus, including developing Hong Kong as a green and smart port.

From pharmaceuticals to horses to massive oil pipes, Cathay Pacific’s cargo division delivers hi-tech and efficient air transport of all kinds of goods to every corner of the planet.

Hundreds of operators forced out of sites in New Territories to make way for development, but government only offering financial compensation, not relocation.

Traffic will reach 80 per cent of pre-pandemic levels this year, financial secretary tells the Asian Logistics, Maritime and Aviation Conference (ALMAC), where a Ministry of Transport official underlines Beijing’s support for Hong Kong’s status as an international logistics centre.

DHL Express has unveiled a HK$3.2 billion (US$409.7 million) expansion of its hub in Hong Kong, in a show of confidence in the city’s position as an international logistics centre.

The sector needs more smart technology to thrive and maintain the city’s status as an international trade centre, experts say ahead of the annual Asian Logistics, Maritime and Aviation Conference.

Insufficient port infrastructure and policy incentives are hindering the proliferation of carbon capture and storage retrofit projects on vessels, according to Hong Kong-based shipowner Wah Kwong Maritime Transport.

As the world’s ‘shipping mecca’, China is in a strong position to manufacture and install wind-assisted propulsion technology, says the CEO of a UK-based company that offers an automated sail system capable of slashing fuel use by up to 30 per cent.

Hong Kong’s largest shipping fuel supplier has achieved a first for China by refuelling an ocean-going vessel using a climate-friendly marine biofuel mix. It must continue its search for other affordable long-term alternatives, says a senior executive.

The tanker, Chinagas Legend, was en route from Singapore to the US. Canal sources said 6 other tugboat crew members had been rescued and taken to hospital.