The Hong Kong Shipowners Association

Another great day of golf! The #HKSOA Golf Society’s Spring Meeting was held at Fanling on the New Course on 24th April. Congratulations to Gareth Jones for winning the Cup, which he keeps for one year and returns it next year with his name engraved on the base. Find more winners here! https://lnkd.in/e4cjgMbD #hksoa Benny Wu

We are glad to partner with #DBTHK, who hosted a UK Maritime Investment Breakfast Session on the 19th of April in Hong Kong. Over 30 guests from the Hong Kong local shipping industry joined the event. It was a pleasure to have Prof Tim and Prof Julia from the University of Liverpool and Ms Sarah and Mr Graham from UK Shipping Concierge who shared their insights about UK maritime education, ports, decarbonisation, taxation and government policies. At the event, # HKSOA Managing Director Ms. Sandy Chan also spoke to the delegates about how #HKSOA, often dubbed the "Voice of Asia," is contributing to the Hong Kong Maritime industry and representing Hong Kong at Global, Regional, National, and Local levels. #dbthk, #ukshippingconcierge, #universityofliverpool, #hksoa, #hongkongshipownersassociation #voiceofasia Chris Woodward @Stephen M. Anita Irving Sarah Leonard Capt. Nittin Handa (AFNI, ACIArb) Ulphia C. Julia Balogun Graham Candy Corin Wilson Eric Cheung, CFA, MsBA

Splash Maritime and Offshore News (splash247.com) Olivia Lennox-King Tim Huxley The Caravel Group The Foreign Correspondents' Club, Hong Kong #Hongkongshipping https://lnkd.in/dvNXrWGJ

The ICS Barometer 2023/24 Survey aims to capture the views of maritime leaders across the globe on factors impacting #risk and #resilience, using #data led insights to gain an insight into issues like existing and emerging #fuels, #geopolitical risk, #public and #private funding. Therefore, if you are a C-Suite (+) leader in the maritime industry, make sure to complete the ICS Barometer Survey 2023/24 to have your voice heard! Access the survey via ICS Maritime Barometer Survey 2023 - 2024 (https://lnkd.in/gy9atsz5) or Scan the QR Code #maritimeindustry #leadership

During the Annual Analysts Luncheon hosted by the #HKSOA, Mr Tim Huxley, Chairman of Mandarin Shipping, gave his deep insights to the members in his aptly titled speech "2024 - Will the Dragon Roar?" Take a look at his presentation speech here! https://lnkd.in/ewgD7gnt

On 17th January, #HKSOA and PwC Hong Kong jointly hosted a seminar on the BEPS2.0 Pillar Two-Impact on shipping businesses. The OECD Inclusive Framework has adopted a two-pillar solution to address challenges arising from the digitalisation of the economy. Pillar Two introduces a global minimum Effective Tax Rate (ETR) for multinational groups with consolidated revenue over €750m. Several jurisdictions, including EU countries, Japan, and South Korea, have already announced the implementation of GloBE rules and a Domestic Top-up Tax of 15% in 2024. Jurisdictions which offer preferential shipping tax regimes, including Hong Kong and Singapore, will start implementing Pillar Two in 2025. GloBE rules provide an exclusion for International Shipping Income and Qualified Ancillary International Shipping Income. It is, however, common for shipping groups to have income streams that do not fall within the exclusion scope. Shipping groups should take action now to assess the potential impact of Pillar 2 on their different streams of income and plan ahead for the way forward. PWC Tax experts @florachan and @ivanlam shared their deep insights on the issue and potential implications on the shipping business. They gave valuable advice to the members on the way forward. The event was very well received by the industry and was well attended by the Association members. #hksoa #maritimehongkong #bepspillartwo

On the 13th of December, a seminar, "The EU ETS Scheme Explained"  was arranged for members to prepare themselves for the scheme commencing on 1/1/2024 for any ship on a voyage to an EU port of trading between EU ports.  The seminar was presented by "Aither", a Swiss-based company that has been in the business of trading EU EAUs since 2010. It was very well attended, and members were fully appraised of the scheme, including details of how to register for a Maritime Operators Holding Account. #hksoa #euets https://lnkd.in/eeT2T-Ty

Mr Angad Banga becomes chair of the Asian Shipowners’ Association

International Chamber of Shipping Secretary General, Guy Platten, will be a keynote speaker at the World Maritime Merchants Forum, occurring from the 20th - 22nd of November 2023 in Hong Kong. Guy Platten will be speaking from 14:30 - 15:30 (UTC+8) on how 'Economic regionalism is reshaping the shipping landscape' For more information head over to https://wmmhk.com/zh-CN China Merchants Energy Shipping Co., Ltd. The Hong Kong Shipowners Association BIMCO #WMMHK

The use of AI in maritime operations has been gaining attention in recent years as the maritime industry faces various challenges and opportunities in the digital era. AI can help improve the safety, efficiency, and profitability of maritime operations by automating tasks, optimizing processes, and providing insights. I look forward to moderating and listening to our esteemed panelist Swapnodeep Mondal Kirsi Tikka, Ph.D. Osher Perry on challenges and opportunities in using AI in maritime operations and how AI can help in making our operations safer, profitable and environmentally sustainable. Register now https://lnkd.in/eaPrte9E Date: 14th November Time: 15:30 to 18:00 hrs. HK time Venue: United Conference Centre, Admiralty, Hong Kong Kevin Brunn Martin Cresswell Capt. Nittin Handa (AFNI, ACIArb) Gautam Ramaswamy (they/them/their) Jagmeet Singh Makkar Aalok Sharma ROY, Kaushik - Govt. Adviser, Juror, LLM, CMMar, CMarTech, FIMarEST, FNI, FCILT, FHKIMT Brian Yam Brian Wan, MICS The Hong Kong Shipowners Association ShipIn Systems Anglo-Eastern Pacific Basin Shipping Limited Seaways Ship Management (HK) Limited Ardmore Shipping Corporation Foreship Ltd.