Hong Kong, UK Agree on Stronger Maritime Ties

Representatives of the British and Hong Kong maritime business sectors have signed an agreement to forge a closer working relationship.

Under the Memorandum of Understanding, signed on September 12 during London International Shipping Week, Maritime London and the Hong Kong Maritime & Port Board (HKMPB) will co-operate in a range of areas including promotional activity, training and sharing of best practice for maritime business services.

“Both the UK and Hong Kong look beyond their borders and provide world beating maritime expertise to global shipowners, traders and charterers. This agreement is designed to help both London and Hong Kong businesses collaborate and prosper with the support of their respective representative bodies,” Lord Mountevans, Maritime London Chairman, said.

London and Hong Kong are key international shipping and trading hubs with “a shared outward looking and entrepreneurial spirit. Both serve regions beyond their own borders and both have an exciting future,” Chan Fan, Frank, JP, Secretary for Transport & Housing, Hong Kong Government, said.

“We are delighted by the prospect of a closer working relationship than ever before,” Chan added.

Trading and logistics are a major economic pillar for Hong Kong, accounting for 22% of its GDP, while the UK maritime business services sector, which includes shipbroking, financial, legal, education and insurance services, contributes GBP 3.5 billion to the UK economy.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Dec 2019 >>
MTWTFSS
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

Offshore Energy Exhibition and Conference (OEEC) 2020

The three-day event includes an exhibition where an expected 600+ supply chain companies…

read more >

Maritime Reconnaissance and Surveillance Technology

As varied threats in the Mediterranean Sea continue to proliferate, the need to advance…

read more >

2nd GREENTECH IN SHIPPING GLOBAL FORUM

Forum you will find out from the regulators, government bodies and major ports’ representatives what the near…

read more >

7th Annual Arctic Exchange

Every year the Exchange invites delegates from across the globe to come together to listen to key senior management teams…

read more >