Podcasts about hong kong convention

India's ship recycling market remains a cornerstone of global green recycling, combining scale, compliance, and experience. In this episode of Inside the Markets from GMS Podcasts, Jamie Dalzell speaks with Kiran Thorat, Head of GMS India Office, about the current sentiment in Alang, market pricing trends, and how India continues to lead through discipline and compliance. As South Asia experiences slower activity and price corrections, Indian recyclers are showing remarkable patience and readiness. With over 110 Hong Kong Convention–compliant yards, India remains the preferred destination for safe and transparent ship recycling. Kiran discusses how the industry is maintaining full operational capability, managing staff and infrastructure, and preparing for a modest recovery heading into year-end 2025. Key Highlights: • Current pricing correction and sentiment across Alang • How Indian yards maintain full staff and HKC compliance during slow phases • Challenges in negotiations between shipowners and end buyers • India's continued global leadership with over 110 HKC-certified yards • Outlook for Q4 2025 and early signs of recovery post-Diwali • Kiran Thorat's message to the global ship recycling community India's steady, compliance-driven approach continues to anchor confidence in global ship recycling. With disciplined operators, transparent processes, and a focus on safety, Alang remains at the forefront of responsible ship dismantling and green steel recovery. Follow GMS Podcasts for market intelligence and regional updates from our country heads in Asia, the Middle East, and Europe. Subscribe to the GMS Podcasts and follow GMS on LinkedIn for future updates and discussions.

Japan's ship recycling market continues to demonstrate stability and foresight amid a softer global environment. In this episode of Inside the Markets from GMS Podcasts, Jamie Dalzell, Head of GMS Singapore Office , speaks with Amit Malhotra, Head of GMS Japan Office, about how Japanese shipowners are adapting to new compliance standards under the Hong Kong Convention and preparing for long-term sustainability. With steel prices easing to the high USD 300s and limited recycling activity across the subcontinent, Japan remains focused on responsible recycling, IHM maintenance, and the gradual adoption of the GMSSustainable Ship and Offshore Recycling Program (SSORP). Key Highlights: Current market pricing and activity across Japan and South Asia Japanese owners' disciplined approach to recycling and compliance The growing role of SSORP in IHM and sustainable ship management Outlook for steam turbine LNG carrier recycling in 2025–2026 How GMS supports owners with structured and compliant recycling strategies Japan's calm and deliberate market strategy offers valuable insight into how long-term vision and technical integrity continue to guide responsible ship recycling. Follow GMS Podcasts for market intelligence and regional updates from our country heads in Asia, the Middle East, and Europe. Subscribe to the GMS Podcasts and follow GMS on LinkedIn for future updates and discussions.  

In this Week 42 edition of the GMS Weekly Podcast, we review another turbulent week in the global ship recycling markets, shaped by volatile currencies, a softening steel market, and shifting regional sentiment across India, Bangladesh, Pakistan, and Turkey. Global Market Overview Freight markets strengthened slightly as the Baltic Dry Index gained just over 1%, supported by Capesize, Panamax, and Dry segments. Oil prices continued to slide, closing near USD 57.38 per barrel, down 8% month-on-month and 18% year-on-year. Currencies stayed under pressure across the Sub-continent: the Indian rupee hovered near Rs 88.02 per USD, the Pakistani rupee weakened to PKR 283.6, the Bangladeshi taka slipped to BDT 122, and the Turkish lira traded close to TRY 42. Steel plate prices fluctuated across regions, with India around USD 389 per ton, Pakistan steady near USD 614, and Bangladesh holding around USD 519. Bangladesh After brief optimism, Chattogram slowed again. Local recyclers paused new purchases despite steel holding near USD 519 per ton and the taka weakening to BDT 122 per USD. Inventories continued to build while the market waited for political clarity and a new government direction. India Alang remained quiet as steel plates fell to USD 389 per ton and the rupee traded near Rs 88 per USD. Over 120,000 LDT of vessels arrived, but buyers mostly stayed away ahead of Diwali. Sentiment remains weak despite steady arrivals. Pakistan Inflation and cheaper Iranian steel imports pushed domestic plate prices down to USD 614 per ton. The rupee depreciated to PKR 283.6 per USD, and no yards have yet achieved Hong Kong Convention accreditation. Most buyers remain cautious and on hold. Turkey The Turkish lira closed around TRY 42 per USD. Offers were steady, but activity was limited as the year-end approaches and tonnage supply remains tight. Market Sentiment Volatility, inflation, and regulatory uncertainty continue to shape the global ship recycling landscape. India faces pricing pressure, Bangladesh is cautiously reawakening, Pakistan struggles with inflation and compliance, and Turkey stays muted.   For full details, vessel rankings, and port positions, download the GMS Weekly on our website or mobile app. Follow GMS on LinkedIn, Facebook, Instagram, and Twitter for daily updates.

Asia's recycling markets are shifting, but Korea is staying steady. In this Seoul special of Inside the Markets from GMS Podcasts, host Jamie Dalzell speaks with Gyungbae Gil, Head of the GMS Korea Office, to explore how Korean shipowners are navigating a volatile environment with patience, discipline, and a long-term view. Gyungbae explains how falling steel prices, fluctuating currencies, and uneven regional demand are reshaping the recycling landscape. With freight markets still firm, most Korean owners are keeping vessels trading and preparing for future compliance under the Hong Kong Convention. Key Discussion Points Market Pulse: steel prices under pressure with India around USD 390 per ton, Bangladesh USD 520, and Pakistan USD 610 per ton Currency Impact: a weakening Indian rupee near 89 per USD is keeping buyers cautious across South Asia Owner Strategy: Korean shipowners continue trading longer amid firm freight rates with limited tonnage recycled in recent months Compliance Focus: increased attention on HKC certified yards as ESG reputation drives recycling decisions Regional Outlook: India remains active but soft, Bangladesh cautious, and Pakistan strong on pricing but lacking HKC certification Forecast: a quiet end to 2025 expected with more recycling likely once freight softens and prices stabilize From Seoul to shipyards across the subcontinent, the message is consistent. Trade now, recycle responsibly later. Follow GMS Podcasts for market intelligence and regional updates from our country heads in Asia, the Middle East, and Europe. Subscribe to the GMS Podcasts and follow GMS on LinkedIn for future updates and discussions.

In this Week 41 edition of the GMS Weekly Podcast, we review another dramatic week across global ship recycling, marked by geopolitical uncertainty, volatile currencies, and weakening steel fundamentals across India, Bangladesh, Pakistan, and Turkey.   Global Market Overview • Global markets endured a turbulent week as renewed Middle East tensions and wider economic jitters weighed on sentiment. • Oil prices fell further to around USD 59.81 per barrel, nearly 18 percent lower than the same time last year. • The Baltic Dry Index rose slightly by 13 points, supported by Capesize and Panamax gains, while smaller vessels softened overall. • Currencies remained under pressure across the sub-continent, with the Indian rupee approaching 89, the Pakistani rupee at 283.20, and the Turkish lira at 41.82 to the dollar. • Steel plate prices fluctuated across regions, with most markets showing mild declines through the week.   Regional Highlights Bangladesh: Activity is finally showing signs of recovery after nearly two quarters of an HKC-induced standstill. A few well-priced sales, including a Capesize bulker, were concluded from cash-buyer inventories as local recyclers with open credit lines returned to action. The Taka weakened to about BDT 121.55 per USD, and steel plates held steady near USD 519 per ton. Market sentiment is cautiously improving as attention shifts toward national elections scheduled for early 2026.   India: Fundamentals continue to weaken. Steel prices slipped another USD 7 per ton to around USD 391, while the rupee eased to Rs 88.75 per USD, moving closer to the Rs 90 mark. Despite this, activity stayed strong with more than 10 vessels totaling nearly 120,000 LDT arriving in Alang this week, including the Bow Cedar and Shaurya II. India remains the region's volume leader but continues to face pricing pressure.   Pakistan: The headline says it all: War = 2 / HKC = 0. Despite adopting the Hong Kong Convention more than eight months ago, no yard has yet achieved accreditation. Ongoing border tensions and tariff uncertainty are straining local economics. The Pakistani rupee weakened to PKR 283.20 per USD, while steel plates eased to about USD 616.80 per ton. With little new tonnage arriving, Gadani yards remain largely inactive.   Turkey: The Turkish lira lost another 30 basis points to close at TRY 41.82 per USD. Although local recyclers remain relatively steady, tonnage availability is limited as most deep-sea units continue heading for sub-continent destinations instead of EUSRR-regulated yards.   Market Sentiment: Volatility, political uncertainty, and fluctuating currencies continue to define the ship-recycling landscape. India holds the fort, Bangladesh is gradually reawakening, Pakistan struggles with instability, and Turkey keeps sliding lower. For full details, vessel rankings, and port positions, download the GMS Weekly on our website or mobile app. Follow GMS on LinkedIn, Facebook, Instagram, and Twitter for daily updates.

In this Week 38 edition of the GMS Weekly Podcast, we cover the latest ship-recycling market trends, freight activity, steel prices, and key port updates from India, Bangladesh, Pakistan, and Turkey. This week's theme: September Serene? Global Market Overview Freight activity stayed mixed as the Baltic Dry Index held steady: Capesize gained about 1 percent, while Panamax and Supramax fell nearly 2 percent and 3 percent. Oil prices moved only slightly higher, with WTI crude closing at USD 62.74 per barrel, still down 1.4 percent for the month and 10.8 percent year on year. Currency markets softened: Indian rupee firmed to INR 88.09, Pakistani rupee to PKR 283.44, Bangladeshi taka to BDT 121.74, while Turkish lira slipped to TRY 41.41. Steel plate prices were steady across major recycling hubs: India USD 448 per ton, Pakistan USD 619 per ton, Bangladesh USD 519 per ton. Bangladesh Activity remains sporadic. Recyclers focused on larger LDT and LNG units as smaller ships drew little interest. One fresh LDT tanker arrival broke the quiet. The taka eased to BDT 121.74 and steel plate prices held at USD 519 per ton. With February 2026 elections ahead and infrastructure demand weak, most recyclers stay cautious. India Alang stayed the busiest yard, recording about 84 K LDT of arrivals including several OFAC-listed or sanctioned units that other markets rejected. Prime Minister Modi's visit to Bhavnagar caused partial shutdowns, but demand held firm. The rupee strengthened to INR 88.09 and steel plate prices remained flat at USD 448 per ton. India continues to lead LNG recycling sales. Pakistan Gadani logged a third straight week of no arrivals. DASR certification and slow Hong Kong Convention yard upgrades continue to limit activity. Still, fundamentals are strong: PKR strengthened to 283.44 and steel plate prices remain near the industry high at USD 619 per ton. Progress on HKC compliance could allow a market rebound later this year. Turkey The market remained quiet. The lira weakened further to TRY 41.41, import steel prices fell for a second consecutive week, and recycling activity stayed minimal. Beach Breakdown Global freight markets steadied and steel prices were unchanged. India saw the most arrivals, Bangladesh stayed selective, Pakistan waited for yard approvals, and Turkey remained subdued. For full details, vessel rankings, and port positions, download the GMS Weekly on our website or mobile app. Follow GMS on LinkedIn, Facebook, Instagram, and Twitter for daily updates.

In this Week 37 edition of the GMS Weekly Podcast, we cover the latest ship recycling market trends, freight activity, steel prices, and key port updates from Bangladesh, India, Pakistan, and Turkey. This week's theme: Governing Goof-Ups! Global Market Overview Freight activity strengthened as the Baltic Dry Index rose 7.4 percent, with Capesize up 1.0 percent, Panamax 0.4 percent, and Supramax 0.5 percent. Oil prices moved higher, with WTI crude closing at USD 62.74 per barrel. Currency markets weakened: Indian rupee fell to INR 88.28, Pakistani rupee to PKR 284, Bangladeshi taka to BDT 122.02, and Turkish lira to TRY 41.33. Steel plate prices were steady across major recycling hubs: India USD 448 per ton, Pakistan USD 625 per ton, Bangladesh USD 519 per ton. Bangladesh Conditions remain bleak. Political uncertainty and slow Hong Kong Convention approvals continue. Only one 30 K LDT LNG carrier arrived. Recyclers face unsold inventories, and although inflation eased to 8.28 percent, ship recycling activity remains minimal. India Alang saw an influx of more than 155K LDT, including two large 33K LDT LNG carriers and several tankers. Despite this, a record-low rupee and tariff concerns kept buyers cautious. Steel plate prices held at USD 448 per ton and overall sentiment stayed restrained. Pakistan Gadani recorded no arrivals for the second week. Plate prices remained high at USD 625 per ton. Provisional DASRs and slow Hong Kong Convention yard upgrades kept buyers ready but inactive. The Pakistani rupee weakened to PKR 284. Turkey Activity stayed quiet. Red tape remains an issue, the lira slipped to TRY 41.33, and no market sales were reported. Beach Breakdown Freight markets strengthened and steel prices were unchanged. India had notable LNG arrivals, while Bangladesh, Pakistan, and Turkey experienced another subdued week.   For full details, vessel rankings, and port positions, download the GMS Weekly on our website or mobile app. Follow GMS on LinkedIn, Facebook, Instagram, and Twitter for daily updates.

In this Dubai special of Inside the Markets from GMS Podcasts, host Jamie speaks with Simos, Head of the GMS Dubai Office, to examine the latest developments in ship recycling and pricing across India, Pakistan and Bangladesh. Dubai's position at the centre of tanker trading and ship disposal offers a unique perspective on market opportunities and risks. Discussion highlights include: India's recycling activity facing pressure from a weakening rupee near 88, new tariffs and steady steel prices around 430 dollars per ton, while maintaining more than 100 HKC-compliant yards Pakistan's steady rupee at approximately 283, plate prices rising to about 625 dollars per ton, and a 12 billion rupee plan to create a model green yard cluster at Gadani by 2026 Bangladesh's slowdown with steel at about 519 dollars per ton, only 21 active yards despite 18 HKC approvals, and political focus on elections scheduled for early 2026 Freight support that keeps bulk carriers trading and delays supply, while older crude and product tankers in the Middle East approach the end of their trading life The impact of the Hong Kong Convention as IHMs, recycling plans and yard checks become standard, adding process steps but lowering risk Dubai's role in structuring forward deliveries, leasebacks and other value unlocking strategies for regional owners This episode provides detailed market intelligence for shipowners, brokers and recyclers navigating currency risk, regulatory change and freight dynamics. Follow GMS Podcasts for market intelligence and regional updates from our country heads in Asia, the Middle East, and Europe. Subscribe to the GMS Podcasts and follow GMS on LinkedIn for future updates and discussions.

In this episode of the Inside the Markets series from GMS Podcasts, we focus on India – the anchor of South Asia's ship recycling industry and home to the world's largest cluster of Hong Kong Convention–compliant yards. Despite sanctions, tariffs, and global trade headwinds, India continues to attract complex tonnage, including LNG carriers and tankers, while providing owners with predictable, compliance-driven recycling solutions. Jamie Dalzell, Head of the GMS Singapore Office, speaks with Kiran Thorat, Head of the GMS India Office, about how Alang's recyclers are navigating shifting prices, U.S. tariffs, sanctions risk, and growing international scrutiny while still maintaining India's leadership in global ship recycling. The discussion covers: Current pricing spreads across India, Pakistan, and Bangladesh, with Pakistan leading but India offering stability How compliance and HKC-certified yards keep India attractive to international shipowners The rise of LNG and tanker recycling in Alang, and how India manages complex vessels safely The impact of U.S. tariffs, sanctions, and Chinese steel exports on India's market and plate prices Regional outlook: Bangladesh's flat market, Pakistan's comeback, and India's compliance advantage Flash Forecast: Most likely ship types, destination choices, and biggest risks heading into Q4 From LNG carriers to overaged tankers, Kiran shares frontline insight into how India is balancing opportunity and risk in today's volatile market. Follow GMS Podcasts for market intelligence and regional updates from our country heads in Asia, the Middle East, and Europe. Subscribe to the GMS Podcasts and follow GMS on LinkedIn for future updates and discussions.  

In this first episode of the Inside the Markets series from GMS Podcasts, we focus on South Korea, one of Asia's most data-driven shipping markets. Gyungbae Gil, Head of the GMS Korea Office, shares insights on how Korean shipowners are approaching recycling and acquisitions in today's firm freight market. The discussion covers the increasing number of older Korean-owned LNG carriers being sent for recycling, the country's readiness for Hong Kong Convention compliance, and shifts in secondhand trading patterns. Listeners will gain a clear view of how local market dynamics connect to global ship recycling and sale & purchase activity. Key points discussed in this episode include: Recycling trends in Korea's LNG sector HKC compliance readiness and yard options Secondhand market activity and pricing outlook This episode offers local insight with global market relevance, helping industry players navigate recycling, compliance, and asset sales in one of the world's key maritime hubs. This episode offers local insight that supports strategic planning for recycling, fleet renewal, and compliance in one of the world's key maritime hubs. Follow GMS Podcasts to hear more from our country heads in Japan, Greece, the Middle East, and other major shipping markets.   Subscribe to the GMS Podcast and follow GMS on LinkedIn for future updates and discussions.    

In Episode 6 of the GMS Hong Kong Convention Podcast Series, Ingrid and Henning examine how the Sustainable Ship and Offshore Recycling Program (SSORP) is helping shipowners and ship recycling yards meet regulatory and ESG expectations under the Hong Kong Convention. This episode explains how SSORP provides a full-cycle approach, from Inventory of Hazardous Materials (IHM) preparation to post-recycling documentation. It also highlights the program's role in supporting yards across India, Bangladesh, and Pakistan, and the real-world systems that have been developed for compliance, supervision, and transparency. Key discussion points include: The SSORP process, from vessel planning to final reporting How SSORP has provided technical assistance to yards seeking Hong Kong Convention Statements of Compliance Free safety awareness sessions conducted for over 10,000 yard workers in South Asia The importance of trained, on-site supervisors for monitoring dismantling and safety SSORP's role in enabling the issuance of the first International Ready for Recycling Certificate (IRRC) under the new HKC regime How owners can meet ESG and investor requirements using verified, structured data from SSORP activities This conversation is relevant to shipowners, compliance officers, financial institutions, and regulatory stakeholders navigating end-of-life vessel recycling in South Asia.   GMS Mobile App: https://onelink.to/gms-app Linkedin: https://www.linkedin.com/company/gms-leadership X: https://x.com/GMS_Leadership Instagram: https://www.instagram.com/gms__leadership Facebook: https://www.facebook.com/gmsleadership/

This episode of the Lloyd's List Podcast was brought to you by Veson. Visit veson.com for more information. MOST end-of-life ships usually meet their demise on the beaches of the Indian subcontinent or Aliaga in Türkiye, with the ship recycling industry not being known for a culture of safety or environmental consciousness. But the long-term efforts of NGOs, regulators, flag states, shipowners and the recycling industry have done much to improve things in recent years. This culminated in the landmark Hong Kong Convention for the safe and environmentally sound recycling of ships entering into force on June 26 this year. Lloyd's List markets editor Rob Willmington spoke to recycling industry stakeholders to find out why the Hong Kong Convention is so significant and what its implementation means for shipowners. At the same time, we asked following three years of negligible ship recycling because of strong shipping markets, when will the sale of old ships finally start to pick up again? Joining Rob on this week's episode are: Anil Sharma, chief executive, GMS Tone Knudsen Fiskeseth, principal consultant, Environment Advisory, DNV Nikos Mikelis, chairperson, Ship Recycling Alliance Hitesh Vyas, vice-president Middle East and green recycling coordinator, Wirana

In this Week 30 edition of the GMS Weekly Podcast, we cover the latest updates in global ship recycling. India takes the lead with a series of large LNG vessel deals, strong yard occupancy, and improving fundamentals. Pakistan continues to secure tonnage, while Bangladesh faces slow approvals and reduced yard activity. We explore regional shifts, currency fluctuations, delivery timelines, and the broader impact of the Hong Kong Convention on subcontinent recyclers. We cover: India's Momentum: Two Moss-type LNGs sold for over USD 640 per LDT. Alang receives over 107,000 LDT in one week, driven by non-ferrous-rich tonnage. Pakistan Holds Position: Gadani sees en bloc dry bulk acquisitions with bunkers onboard. Local steel prices remain high, and the Rupee shows modest recovery. Bangladesh Slows Down: No new arrivals reported. Delays in cutting permissions and weak domestic demand continue to affect sentiment. Turkey Remains Quiet: The Lira weakens further. No vessel arrivals, despite falling interest rates and slight economic easing. Also in this episode: Freight market outlook as the Baltic Dry Index shows further gains How currency movements are shaping buyer behavior What to expect in August as HKC compliance increases across yards   Subscribe to GMS Weekly for complete demo pricing, port-by-port vessel positions, and tonnage intelligence: https://www.gmsinc.net/get-in-touch?#SubscribeToGMS   GMS Mobile App & Social Links: GMS Mobile App: https://onelink.to/gms-app LinkedIn: https://www.linkedin.com/company/gms-leadership X (Twitter): https://x.com/GMS_Leadership Instagram: https://www.instagram.com/gms__leadership Facebook: https://www.facebook.com/gmsleadership/

In Episode 5 of the GMS Hong Kong Convention Podcast Series, Ingrid and Henning unpack the confusion that persists, even after the Hong Kong Convention (HKC) has entered into force. With overlapping rules from Basel, EUSRR, and flag states, many shipowners are still asking: Can I recycle this vessel safely, without facing legal or regulatory fallout? Drawing from the GMS HKC Webinar Series, this episode features insights from Sveinung Oftedal, Nikos Mikelis, Anaëlle Boudry, and George Novak, who highlight the regulatory tension, legal risks, and practical workarounds for responsible shipowners. Learn what really works and what to watch out for when navigating the global compliance maze. Key Topics Covered: Why HKC isn't enough on its own How Basel Convention and EU SRR create overlapping controls The role of flag states, port states, and OECD departure points What Article 11 means and why harmonization still lags How HKC-aligned ship recyclers are being penalized despite compliance What shipowners must document to stay legally protected   GMS Mobile App: https://onelink.to/gms-app Linkedin: https://www.linkedin.com/company/gms-leadership X: https://x.com/GMS_Leadership Instagram: https://www.instagram.com/gms__leadership Facebook: https://www.facebook.com/gmsleadership/

Expert Talks on Green Ship Recycling & Hong Kong Convention Compliance - GMS & the Liberian Registry Wednesday, July 23, 2025 - Episode # 9 As the world’s leading cash buyer of ships for recycling, GMS leads the Green Ship Recycling movement. With Dr. Anand Hiremath overseeing compliance with the Hong Kong Convention through their Sustainable Ship and Offshore Recycling Program (SSORP), join us as we break down its history and impact on the global market. Featuring: Dr. Anand Hiremath, Chief Sustainability Officer – GMS Mr. George Novak, VP Commercial – LISCR About GMS: Founded in 1992 and headquartered in Dubai, GMS is world’s largest buyer of ships and offshore vessels for recycling.We take an innovative approach to nurture sustainable ship and offshore recycling industries by working closely with owners of ships and offshore vessels, while investing and training ship recycling yards and their workers on Hong Kong Convention (HKC) compliant best practices. We also invest in multiple ways to upgrade the ship recycling industry in the Indian Subcontinent. For more information please visit: www.gmsinc.net About LISCR: The Liberian Registry was established in 1948 and has been an industry leader since its founding. We are committed to maritime safety, environmental standards, and service excellence. This is why shipowners around the world trust us as their Flag of choice. For more information please visit: www.liscr.com Expert Talks Webinar Series. The "Expert Talks" webinar series features leading industry experts who share their insight on a variety of topics relevant to the maritime industry.

In Episode 4 of the GMS Hong Kong Convention Series, Ingrid and Henning move the focus from yard-level transformation to strategic impact. The central question: Can compliance with the Hong Kong Convention unlock capital, reduce risk, and create real commercial value? This episode explains how ESG-aligned recycling, supported by frameworks like the Sustainable Ship and Offshore Recycling Program (SSORP), is reshaping how the industry defines success. With practical insights from shipowners, flag states, and financial institutions, listeners will understand how transparency, traceability, and verified metrics are now essential in maritime decision-making. This conversation is relevant for shipowners preparing for green financing, insurers assessing risk, or regulators tracking how ESG moves from reporting to real-world implementation.   Key Points: ESG expectations in ship recycling and why they matter now How HKC compliance improves access to financing and insurance The role of SSORP in supporting audit-ready and verifiable reporting What stakeholders like flags and banks expect from shipowners today How data-driven ESG reporting can provide a competitive edge   GMS Mobile App: https://onelink.to/gms-app Linkedin: https://www.linkedin.com/company/gms-leadership X: https://x.com/GMS_Leadership Instagram: https://www.instagram.com/gms__leadership Facebook: https://www.facebook.com/gmsleadership/

In this third episode of the GMS Hong Kong Convention Series, Ingrid and Henning focus on the critical role of recycling yards under the Hong Kong Convention, which came into force on 26 June 2025. Listeners will hear how yards across India, Bangladesh, Pakistan, and Türkiye are transforming, with hundreds now HKC-certified or actively upgrading to meet international standards. This episode explains how yard-level improvements, supported by Ship Recycling Facility Plans and third-party audits, contribute to global ESG goals and build trust across the maritime value chain. The episode also highlights GMS's Sustainable Ship and Offshore Recycling Program (SSORP), which supports recycling yards and shipowners alike through training, documentation, and carbon reporting, with verification by LRQA. For shipowners, financiers, insurers, and regulators, HKC-ready yards offer more than compliance; they reduce risk, protect investments, and enhance transparency. Key points: Yard-level progress and capacity growth in key recycling countries Why HKC-compliant yards benefit owners, financiers, and insurers How SSORP supports ground-level implementation and ESG audits Real-world impact of cultural change, training, and certification

In this episode of GMS Weekly, hosts Henning, Ryan, Grace, and Ingrid break down the major market movements in global ship recycling for Week 27 (July 4, 2025). With the Hong Kong Convention now officially in force, South Asia's ship recycling landscape is shifting fast. India holds steady with over 100 HKC-compliant yards, while Bangladesh and Pakistan scramble to upgrade amid declining prices and tighter tonnage supply. We cover: Macroeconomic pressures: oil at USD 66.5/barrel, inflation woes, and a falling Baltic Exchange. Subcontinent sentiment: India's predictability, Bangladesh's sub-USD 400/LDT offers, and Pakistan's early upgrade efforts. Turkey's ongoing regulatory red tape and a fire incident dampening its yard activity. Stay ahead with our analysis of: Regional pricing trends Compliance dynamics under HKC Where to position your vessels next Subscribe to GMS Weekly for complete demo pricing, port-by-port breakdowns, and vessel intelligence: https://www.gmsinc.net/get-in-touch?#SubscribeToGMS   GMS Mobile App: https://onelink.to/gms-app Linkedin: https://www.linkedin.com/company/gms-leadership X: https://x.com/GMS_Leadership Instagram: https://www.instagram.com/gms__leadership Facebook: https://www.facebook.com/gmsleadership/

In this second episode of the GMS Hong Kong Convention Series, Ingrid and Henning dive into what the HKC's entry into force on 26 June 2025 really means for shipowners. From compliance requirements to commercial benefits, this episode breaks down the practical steps shipowners must take now. Learn why an Inventory of Hazardous Materials (IHM) is essential, how to select an HKC-compliant yard, and where documentation plays a crucial role. They also explore how the Sustainable Ship and Offshore Recycling Program (SSORP) supports owners through every stage, with verified ESG data, carbon footprint tracking, and certified procedures from LRQA. If you are an owner, this episode is your roadmap to stay compliant, protect your brand, and lead the market shift toward responsible recycling. Key Points: What HKC compliance means now that it's in force Immediate action items for shipowners (IHM, yard selection, documentation) SSORP's role in supporting full HKC compliance Commercial and ESG advantages for early movers Next Episode: How ship recycling yards are upgrading for HKC and what that means for the entire maritime chain.  

In the final episode of the GMS podcast series on the Hong Kong Convention, we look ahead to what happens after HKC enters into force on June 26, 2025. Will the Convention deliver its promise of safe and sustainable ship recycling globally? Or will legal conflicts with the Basel Convention slow down its impact? Host Henning speaks with Dr. Nikos Mikelis and Dr. Anand Hiremath about what the maritime industry needs to prepare for now. Key questions explored: What changes for shipowners, flag states, and recycling yards after June 2025 How certified yards in India, Bangladesh, and Turkey are preparing Risks from overlapping regulations, especially Basel's Ban Amendment Whether global capacity is enough to meet demand for compliant recycling The future role of technology, ESG reporting, and traceability tools What governments must do next to resolve legal uncertainty This is an essential conversation for anyone involved in maritime operations, ESG, policy, or ship end-of-life planning. Join the Final GMS Webinar: Charting the Future On June 26, 2025, GMS is hosting a key live webinar session: “Charting the Future: Can the Competing Requirements of the Two Conventions Be Aligned?” This session features international regulators, policymakers, and industry leaders discussing the HKC–Basel conflict and how to ensure a practical path forward. Register here: https://us06web.zoom.us/webinar/register/9417485435018/WN_kLd2bjyvRxuaO3ZnZ1o3jg One registration gives you access to all three parts of the webinar series. Subscribe to the GMS Podcast and follow GMS on LinkedIn to stay informed.

Episode 1: The Origin Story of the Hong Kong Convention This episode launches the GMS exclusive podcast series on the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (HKC). Host Henning is joined by Dr. Nikos Mikelis, former senior official at the IMO and key contributor to the HKC, and Dr. Anand Hiremath, Chief Sustainability Officer at GMS, to explore: Why existing international regulations failed to address unsafe ship recycling What led the IMO to create a new, ship-specific framework How the Hong Kong Convention was developed from the ground up What “safe and environmentally sound” recycling actually means in practice This episode provides critical background for understanding the Convention before it enters into force on June 26, 2025.   Register for the GMS HKC Webinar Series To mark this milestone, GMS is hosting a live three-part webinar series: “HKC Compliance: What the Maritime Industry Needs to Know” The first session, “From Convention to Transformation”, takes place on June 25, 2025. Register here: https://us06web.zoom.us/webinar/register/9417485435018/WN_kLd2bjyvRxuaO3ZnZ1o3jg Join global maritime leaders, policymakers, and industry stakeholders as they discuss HKC implementation, legal conflicts with Basel, and the future of ship recycling. Stay updated on future episodes by subscribing to the GMS Podcast and following GMS on LinkedIn.

Ingrid and Henning kick off the GMS Hong Kong Convention Series with a clear look at how the new regulations will reshape ship recycling. They trace the story from adoption in May 2009 to the moment the final ratifications locked the Hong Kong Convention into force on 26 June 2025. Along the way you will hear why early movers such as Norway, Japan, and four pioneering Indian yards matter; how ClassNK helped craft practical yard procedures; and where the EU's existing rules sit in the bigger picture. Key points • Entry-into-force timeline and criteria • Benefits for owners, cash buyers and recycling yards • How HKC can deliver greener results than current EU regulation Next episode: What shipowners need to do before 26 June 2025

The 14th Business of IP Asia Forum (BIP Asia Forum), jointly organised by the Hong Kong Special Administrative Region Government and the Hong Kong Trade Development Council, and the 16th Entrepreneur Day (E-Day), hosted by the HKTDC, are held at the Hong Kong Convention and Exhibition Centre on 5-6 December 2024. The two events feature forums, exhibitions, competitions, workshops, and business matching sessions. More than 160 global intellectual property (IP) owners, users, experts, industry leaders, venture capitalists, and other prominent figures have gathered to discuss IP commercialisation, valuation and branding, cross-industry applications, emerging trends in innovation and technology (I&T), opportunities in the Greater Bay Area, ASEAN, and international prospects. Over 400 start-ups and innovative projects are showcased their products and technologies. DesignInspire, held concurrently on 5-7 December 2024 at the Hong Kong Convention and Exhibition Centre, brings together global design and creative leaders, trendsetting brands, associations, and academies to promote next generation creativity through a series of interactive exhibits, design masterpieces, and award-winning projects.

ENERGY TRANSITION, ASSET PRESERVATION, & FLEET RENEWAL Moderator: Mr. Sau Weng Tang, President for Greater China – Lloyd’s Register Panelists: • Mr. Tim Ponath, CEO – NSB Group • Mr. Martin Fruergaard, CEO – Pacific Basin • Capt. Jianfeng Zhou, Managing Director – Wah Kwong Maritime Transport Holdings Ltd. World Maritime Merchants Forum - Capital Link Hong Kong Forum Tuesday, November 19, 2024 Hong Kong Convention and Exhibition Centre - Hong Kong Hosted by: Capital Link & China Merchants Group In partnership with DNV and in cooperation with the Hong Kong Maritime Port and Board during the 2024 Hong Kong Maritime Week, and with the support of BIMCO, HKSOA and ICS.

THE SHIPOWNER’S PERSPECTIVE Moderator: Mr. Martin Tony Chen, Business Development Director, Hong Kong and Taiwan – DNV Maritime Panelists: • Dr. Anil Sharma, Founder and CEO – GMS/ Lila Global • Mr. Gautam S. Chellaram, Chairman – KC Maritime • Mr. Xue Mingyuan, Executive Director & CEO – SITC International Holdings Co., Ltd. • Ms. Charis Plakantonaki, Chief Strategy Officer – Star Bulk Carriers Corp. (NASDAQ: SBLK) • Mr. Hing Chao, Executive Chairman – Wah Kwong Maritime Transport Holdings World Maritime Merchants Forum - Capital Link Hong Kong Forum Tuesday, November 19, 2024 Hong Kong Convention and Exhibition Centre - Hong Kong Hosted by: Capital Link & China Merchants Group In partnership with DNV and in cooperation with the Hong Kong Maritime Port and Board during the 2024 Hong Kong Maritime Week, and with the support of BIMCO, HKSOA and ICS.

THE NEW ENERGY LANDSCAPE PRESENTATION Presented by: Mr. Shen Tao, Director, Global Sustainability - Eastern Hemisphere – ABS World Maritime Merchants Forum - Capital Link Hong Kong Forum Tuesday, November 19, 2024 Hong Kong Convention and Exhibition Centre - Hong Kong Hosted by: Capital Link & China Merchants Group In partnership with DNV and in cooperation with the Hong Kong Maritime Port and Board during the 2024 Hong Kong Maritime Week, and with the support of BIMCO, HKSOA and ICS.

INVESTING IN SHIPPING - JVs, M&A AND INDUSTRY CONSOLIDATION Moderator: Mr. Guan Jian, Partner, Foreign Legal Consultant – Watson Farley & Williams Panelists: • Mr. Steven Xiao, Managing Partner – Equator Fund • Mr. Pankaj Khanna, CEO – Heidmar Inc. • Mr. Kenneth Lam, Founder & CEO – SeaKapital Limited World Maritime Merchants Forum - Capital Link Hong Kong Forum Tuesday, November 19, 2024 Hong Kong Convention and Exhibition Centre - Hong Kong Hosted by: Capital Link & China Merchants Group In partnership with DNV and in cooperation with the Hong Kong Maritime Port and Board during the 2024 Hong Kong Maritime Week, and with the support of BIMCO, HKSOA and ICS.

LEADING THROUGH INDUSTRY TRANSFORMATION Moderator: Mr. Mike Salthouse, Head of External Affairs – NorthStandard Panelists: • Mr. Emanuele Grimaldi, Chairman – International Chamber of Shipping (ICS); President & MD; Managing Director – Grimaldi Euromed SpA; Grimaldi Group • Dr. Martin Kröger, CEO – German Shipowners’ Association (VDR) • Mr. Bud Darr, EVP, Maritime Policy and Government Affairs – MSC Group World Maritime Merchants Forum - Capital Link Hong Kong Forum Tuesday, November 19, 2024 Hong Kong Convention and Exhibition Centre - Hong Kong Hosted by: Capital Link & China Merchants Group In partnership with DNV and in cooperation with the Hong Kong Maritime Port and Board during the 2024 Hong Kong Maritime Week, and with the support of BIMCO, HKSOA and ICS.

THE EVOLVING LANDSCAPE OF SHIP FINANCE Moderator: Mr. David Beaves, Consultant – Hill Dickinson Panelists: • Ms. He Fang, Deputy General Manager – CSSC Hong Kong Shipping Co. Ltd. • Mr. TC Wong, CFA, SVP, Corporate Banking, APAC – DNB Bank ASA • Mr. Martin Hugger, Managing Director – Meerbaum Capital Solutions Inc. World Maritime Merchants Forum - Capital Link Hong Kong Forum Tuesday, November 19, 2024 Hong Kong Convention and Exhibition Centre - Hong Kong Hosted by: Capital Link & China Merchants Group In partnership with DNV and in cooperation with the Hong Kong Maritime Port and Board during the 2024 Hong Kong Maritime Week, and with the support of BIMCO, HKSOA and ICS.

OPENING REMARKS Mr. Liu Chun-san, JP, Under Secretary for Transport and Logistics – Transport and Logistics Bureau of the Government of Hong Kong Special Administrative Region World Maritime Merchants Forum - Capital Link Hong Kong Forum Tuesday, November 19, 2024 Hong Kong Convention and Exhibition Centre - Hong Kong Hosted by: Capital Link & China Merchants Group In partnership with DNV and in cooperation with the Hong Kong Maritime Port and Board during the 2024 Hong Kong Maritime Week, and with the support of BIMCO, HKSOA and ICS.

OPENING KEYNOTE REMARKS Mr. Remi Eriksen, Group President and CEO – DNV World Maritime Merchants Forum - Capital Link Hong Kong Forum Tuesday, November 19, 2024 Hong Kong Convention and Exhibition Centre - Hong Kong Hosted by: Capital Link & China Merchants Group In partnership with DNV and in cooperation with the Hong Kong Maritime Port and Board during the 2024 Hong Kong Maritime Week, and with the support of BIMCO, HKSOA and ICS.

OPENING REMARKS Mr. Liu Chun-san, JP, Under Secretary for Transport and Logistics – Transport and Logistics Bureau of the Government of Hong Kong Special Administrative Region World Maritime Merchants Forum - Capital Link Hong Kong Forum Tuesday, November 19, 2024 Hong Kong Convention and Exhibition Centre - Hong Kong Hosted by: Capital Link & China Merchants Group In partnership with DNV and in cooperation with the Hong Kong Maritime Port and Board during the 2024 Hong Kong Maritime Week, and with the support of BIMCO, HKSOA and ICS.

OPENING KEYNOTE REMARKS Mr. Remi Eriksen, Group President and CEO – DNV World Maritime Merchants Forum - Capital Link Hong Kong Forum Tuesday, November 19, 2024 Hong Kong Convention and Exhibition Centre - Hong Kong Hosted by: Capital Link & China Merchants Group In partnership with DNV and in cooperation with the Hong Kong Maritime Port and Board during the 2024 Hong Kong Maritime Week, and with the support of BIMCO, HKSOA and ICS.

ENERGY TRANSITION, ASSET PRESERVATION, & FLEET RENEWAL Moderator: Mr. Sau Weng Tang, President for Greater China – Lloyd’s Register Panelists: • Mr. Tim Ponath, CEO – NSB Group • Mr. Martin Fruergaard, CEO – Pacific Basin • Capt. Jianfeng Zhou, Managing Director – Wah Kwong Maritime Transport Holdings Ltd. World Maritime Merchants Forum - Capital Link Hong Kong Forum Tuesday, November 19, 2024 Hong Kong Convention and Exhibition Centre - Hong Kong Hosted by: Capital Link & China Merchants Group In partnership with DNV and in cooperation with the Hong Kong Maritime Port and Board during the 2024 Hong Kong Maritime Week, and with the support of BIMCO, HKSOA and ICS.

THE EVOLVING LANDSCAPE OF SHIP FINANCE Moderator: Mr. David Beaves, Consultant – Hill Dickinson Panelists: • Ms. He Fang, Deputy General Manager – CSSC Hong Kong Shipping Co. Ltd. • Mr. TC Wong, CFA, SVP, Corporate Banking, APAC – DNB Bank ASA • Mr. Martin Hugger, Managing Director – Meerbaum Capital Solutions Inc. World Maritime Merchants Forum - Capital Link Hong Kong Forum Tuesday, November 19, 2024 Hong Kong Convention and Exhibition Centre - Hong Kong Hosted by: Capital Link & China Merchants Group In partnership with DNV and in cooperation with the Hong Kong Maritime Port and Board during the 2024 Hong Kong Maritime Week, and with the support of BIMCO, HKSOA and ICS.

THE NEW ENERGY LANDSCAPE PRESENTATION Presented by: Mr. Shen Tao, Director, Global Sustainability - Eastern Hemisphere – ABS World Maritime Merchants Forum - Capital Link Hong Kong Forum Tuesday, November 19, 2024 Hong Kong Convention and Exhibition Centre - Hong Kong Hosted by: Capital Link & China Merchants Group In partnership with DNV and in cooperation with the Hong Kong Maritime Port and Board during the 2024 Hong Kong Maritime Week, and with the support of BIMCO, HKSOA and ICS.

INVESTING IN SHIPPING - JVs, M&A AND INDUSTRY CONSOLIDATION Moderator: Mr. Guan Jian, Partner, Foreign Legal Consultant – Watson Farley & Williams Panelists: • Mr. Steven Xiao, Managing Partner – Equator Fund • Mr. Pankaj Khanna, CEO – Heidmar Inc. • Mr. Kenneth Lam, Founder & CEO – SeaKapital Limited World Maritime Merchants Forum - Capital Link Hong Kong Forum Tuesday, November 19, 2024 Hong Kong Convention and Exhibition Centre - Hong Kong Hosted by: Capital Link & China Merchants Group In partnership with DNV and in cooperation with the Hong Kong Maritime Port and Board during the 2024 Hong Kong Maritime Week, and with the support of BIMCO, HKSOA and ICS.

THE SHIPOWNER’S PERSPECTIVE Moderator: Mr. Martin Tony Chen, Business Development Director, Hong Kong and Taiwan – DNV Maritime Panelists: • Dr. Anil Sharma, Founder and CEO – GMS/ Lila Global • Mr. Gautam S. Chellaram, Chairman – KC Maritime • Mr. Xue Mingyuan, Executive Director & CEO – SITC International Holdings Co., Ltd. • Ms. Charis Plakantonaki, Chief Strategy Officer – Star Bulk Carriers Corp. (NASDAQ: SBLK) • Mr. Hing Chao, Executive Chairman – Wah Kwong Maritime Transport Holdings World Maritime Merchants Forum - Capital Link Hong Kong Forum Tuesday, November 19, 2024 Hong Kong Convention and Exhibition Centre - Hong Kong Hosted by: Capital Link & China Merchants Group In partnership with DNV and in cooperation with the Hong Kong Maritime Port and Board during the 2024 Hong Kong Maritime Week, and with the support of BIMCO, HKSOA and ICS.

LEADING THROUGH INDUSTRY TRANSFORMATION Moderator: Mr. Mike Salthouse, Head of External Affairs – NorthStandard Panelists: • Mr. Emanuele Grimaldi, Chairman – International Chamber of Shipping (ICS); President & MD; Managing Director – Grimaldi Euromed SpA; Grimaldi Group • Dr. Martin Kröger, CEO – German Shipowners’ Association (VDR) • Mr. Bud Darr, EVP, Maritime Policy and Government Affairs – MSC Group World Maritime Merchants Forum - Capital Link Hong Kong Forum Tuesday, November 19, 2024 Hong Kong Convention and Exhibition Centre - Hong Kong Hosted by: Capital Link & China Merchants Group In partnership with DNV and in cooperation with the Hong Kong Maritime Port and Board during the 2024 Hong Kong Maritime Week, and with the support of BIMCO, HKSOA and ICS.

The 16th Hong Kong International Wine & Spirits Fair, organised by the Hong Kong Trade Development Council, was held at the Hong Kong Convention and Exhibition Centre on 7-9 November 2024. More than 600 exhibitors from 20 countries and regions, including 17 pavilions, participated in this year's Fair, representing Asia, Europe and the Americas in addition to Hong Kong and Mainland China, further promoting Hong Kong as a regional trading hub for wine and spirits. The three-day fair attracted more than 8,200 trade buyers from 61 countries and regions.

Organised by the Hong Kong Trade Development Council, the Hong Kong Electronics Fair (Autumn Edition) was held at the Hong Kong Convention and Exhibition Centre on 13-16 October 2024. Together with the concurrent electronicAsia, the two fairs brought together some 3,200 exhibitors from 19 countries and regions and attracted more than 60,000 industry buyers from 136 countries and regions.

Organised by the Hong Kong Trade Development Council and co-organised by the Hong Kong Optical Manufacturers Association (HKOMA), the 32nd Hong Kong International Optical Fair brings together over 700 exhibitors from 17 countries and regions, with the physical exhibition running from 6 to 8 November at the Hong Kong Convention and Exhibition Centre. Under the theme of “Seeing is Believing”, the Fair provides a one-stop promotion and procurement platform for the industry.

Organised by the Hong Kong Trade Development Council, the 26th Hong Kong International Lighting Fair (Autumn Edition) was held at the Hong Kong Convention and Exhibition Centre on 27-30 October 2024, while the 9th Hong Kong International Outdoor and Tech Light Expo took place from 29 October to 1 November 2024 at AsiaWorld-Expo. Together with the 19th Eco Expo Asia, the three exhibitions attracted some 60,000 buyers from 150 countries and regions, signifying Hong Kong's status as an international conference and exhibition centre.

The 9th Belt and Road Summit, co-organised by the Government of the Hong Kong Special Administrative Region and the Hong Kong Trade Development Council (HKTDC) is held at the Hong Kong Convention and Exhibition Centre place on 11-12 September 2024. Themed “Building a Connected, Innovative and Green Belt and Road”, this year's Summit brings together more than 90 key officials and business leaders from Belt and Road countries and regions to engage in discussions on leveraging Hong Kong's unique advantages to jointly explore Belt and Road markets and uncover cooperation opportunities.

The 34th HKTDC Food Expo is held from 15 to 19 August 2024 at the Hong Kong Convention and Exhibition Centre concurrently with the HKTDC Beauty & Wellness Expo and HKTDC Home Delights Expo. The three shows along with the Food Expo PRO, Hong Kong International Tea Fair and International Conference of the Modernization of Chinese Medicine and Health Products (ICMCM) bring together some 1,860 exhibitors from 30 countries and regions.

People watch a Peking Opera performance by Zheng Xiao during the launch ceremony for Beijing theme city promotion activities at the 34th Hong Kong Book Fair at the Hong Kong Convention and Exhibition Centre in Wan Chai on July 17, 2024.2024年7月17日，第34届香港书展在香港会议展览中心开幕，北京首次作为主题城市参展。书展上，观众们还能欣赏北京京剧院国家一级演员、梅派传人、著名京剧表演艺术家梅葆玖入室弟子郑潇女士表演京剧《贵妃醉酒》。This year's Hong Kong Book Fair, which has made Beijing the theme city for the first time, is showcasing nearly 10,000 high-quality books from the Chinese mainland through cultural communication activities, offering an opportunity for readers to explore the country's rich literature, culture and history.北京作为今年的主题城市首次参加香港书展，通过文化传播展示近万本来自中国大陆的优质图书，为读者提供探索中国丰富文学、文化和历史的机会。With the theme "Film and Television Literature", the 34th Hong Kong Book Fair opened on Wednesday at the Hong Kong Convention and Exhibition Centre and will close on Tuesday. It will feature over 600 seminars and cultural activities, and has attracted 760 exhibitors.第34届香港书展以“京港携手筑梦·书香共绘华章”为主题，7月17日正式开幕，将持续至7月23日，将举办600多场研讨会和文化活动，展览总计吸引约760家展商参与。With Beijing as the theme city, this year's mainland pavilion has set out a dedicated area exhibiting the capital's publishing achievements and development accomplishments in recent years.今年书展继续设置中国内地展馆，并首度以北京作为主题城市，展示北京近年来的出版和发展成就。The Beijing exhibition area spans about 150 square meters. In addition to showcasing nearly 3,000 books published by Beijing agencies, it features more than 100 cultural and creative products that highlight both Beijing and traditional Chinese culture. Visitors also have the opportunity to appreciate ancient book restoration techniques, which have been listed as national intangible cultural heritage.北京展馆面积约150平方米，除汇集北京地区出版机构近三年出版的新书和畅销书等近3000册外，同时集中展示展销具有京味文化和中华优秀传统文化特色的文创产品，并设有国家级非物质文化遗产古籍修复技艺展示区。Twelve cultural organizations from Beijing, including Beijing Publishing Group, are attending the fair, and distinguished cultural scholars and writers from Beijing and Hong Kong have been invited to engage with readers.本届香港书展携12家北京地区出版文化单位集体亮相中国内地馆。"It feels like revisiting an old friend," said Wang Heling, a representative from Beijing Publishing Group. She said that unlike previous years, when each publisher was responsible for its own books, this time there was a remarkable sense of unity among Beijing publishers.北京出版集团主题分公司总经理王曷灵表示：“感觉就像重逢一位老友。”与往年每个出版机构都负责自己的书籍不同，这次北京各大出版机构之间有一种团结的感觉。Wang said her team had started to prepare for the event in April, adding that the exhibited books underwent several rounds of screening to ensure they can reflect the characteristics of Beijing. She expressed the hope that the event will help to deepen cultural exchanges between Beijing and Hong Kong.她的团队从4月份就开始为这次活动做准备，展出的书籍经过了几轮筛选，确保能够反映北京特色。王曷灵表示，希望此次活动能深化北京与香港的文化交流。Lu Peizhao, editor-in-chief at Guangxi Publishing Media Group, said his team had participated in several Hong Kong Book Fairs.广西出版传媒集团副总编辑卢培钊表示，他的团队参加了几次香港书展。He said his team had prepared about 700 books and cultural and creative products for this year's fair, including many books with traditional culture themes.今年他们团队为香港书展准备了约700本图书和文创产品，其中包括许多以传统文化为主题的书籍。"We can feel the passion from Hong Kong residents," Lu said. "Compared to book fairs on the mainland, I think the Hong Kong Book Fair garners a higher level of social attention and public participation."卢培钊表示：“我们能感受到香港市民的热情，与内地的书展相比，我认为香港书展吸引了更多的社会关注和公众参与。”Zheng Xiao, from Beijing's Jingju Theater Company, attended the fair for the first time and was invited to give a short performance.北京京剧院国家一级演员、梅派传人、著名京剧表演艺术家梅葆玖入室弟子郑潇女士受邀参加此次香港书展，并表演了京剧《贵妃醉酒》。She said it allowed her to feel the enthusiasm from Hong Kong residents, and said she wanted to deepen Hong Kong residents' understanding of traditional Chinese culture, particularly the younger generation.她表示感受到了香港居民的热情，希望能够加深香港市民，尤其是年轻一代，对中国传统文化的理解。The mainland exhibition area has set up a thematic exhibition of books, with a focus on the display and sale of works by President Xi Jinping and related study materials, such as the first two volumes of Selected Readings from the Works of Xi Jinping, and the four volumes of Xi Jinping: The Governance of China.内地展馆设立图书展示展销区，重点展示习近平主席著作及相关学习资料，如《习近平著作选读》前二卷、《习近平谈治国理政》全四卷等。It also features books that introduce the practice of socialism with Chinese characteristics, as well as ancient classics and cultural series that encapsulate the fundamental values of traditional Chinese culture.此外，馆内还收录了介绍中国特色社会主义实践的书籍，以及概括了中国传统文化基本价值的古代经典和文化丛书。In line with its film and TV literature theme, related literary works from the mainland are also on sale, including White Deer Plain, Blossoms Shanghai and To the Wonder.与影视文学主题相呼应，内地相关文学作品也在发售中，包括《白鹿原》、《繁花》和《我的阿勒泰》。More than 30 original animation books from the mainland, such as Hello and Forbidden City, are also appearing for the first time at the thematic exhibition.《你好呀！故宫》等30余本内地原创动画书籍也首次亮相此次书展。Readers showed great interest in mainland books. Louis Tsang, a 76-year-old attendee, said he decided to set aside at least half a day to explore the mainland exhibition area this year, as he believed that the books were rich in traditional Chinese culture.不少香港市民对大陆书籍表现出极大的兴趣。76岁的香港市民Louis表示，由于今年书展的书籍包含浓厚的中国传统文化，他决定至少留出半天时间参观内地展馆。Tsang said he appreciated the displays at the mainland pavilion, including the intangible cultural heritage experience, but said the provision of more explanations would enhance the experience, as it would allow visitors to gain a deeper understanding of the connotations behind the exhibits.他赞扬内地馆的展览还有非物质文化遗产的新奇体验，如果能够提供展览解说，参展者们也能更深入地了解展品背后的内涵。Accountant Irene Tse said she has attended the book fair for 27 years. She often takes a day off on the first day of the fair to see the exhibition, as it's usually less crowded.香港会计Irene表示，她参加书展已有27年了。她通常在开展的第一天请假去书展，这个时间书展的人流量较小。Tse said she had been eager to explore the Beijing exhibition area and expressed keen interest in mainland books, especially those about culture and history. She said texts written in vernacular and literary Chinese are more expressive than those in Cantonese.Irene表示她热衷于探索北京展馆，并对以文化和历史为主题的内地书籍表现出浓厚的兴趣。用白话和简体中文写书比粤语更具表现力。Tse said she had also noticed that the books showcased in the mainland pavilion are of higher quality than before.她还注意到内地展馆的书籍质量较以往来说更高了。Book fairn.书展Peking Operan.京剧White Deer Plainn.《白鹿原》Blossoms Shanghain.《繁花》To the Wondern.《我的阿勒泰》Hello and Forbidden Cityn.《你好呀！故宫》

Jointly organised by the HKSAR Government and Hong Kong Trade Development Council, the 13th edition of Business of IP Asia Forum was held on 7-8 December 2023 at the Hong Kong Convention and Exhibition Centre with great success, featuring over 90 international IP experts sharing their insights, and attracting more than 2,500 participants who explored how IP and innovation enhance business growth. For more information, please visit: Business of IP Asia Forum https://bipasia.hktdc.com Asia IP Exchange https://www.asiaipex.com #entrepreneurship #innovation #marketopportunities

We travel to Singapore to discuss the demolition sector after new global rules on recycling ships safely and in an environmentally friendly manner became law. Mohammed Zahirul Islam of PHP Ship Breaking and Recycling Industries, Anil Sharma of GMS, Wolfram Guntermann of Hapag-Lloyd, Kumiko Iwasa of the Japanese Shipowners' Association, Anette Ronnov of Wallenius Wilhelmsen, Jesselynn Lai of AP Moller-Maersk and Sotiris Raptis of the European Community Shipowners' Associations spoke at the TradeWinds Ship Recycling Forum.

The seventh Belt and Road Summit, jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), drew to a successful close on the 1st of September 2022. The summit saw more than 80 senior government officials and business leaders from the Belt and Road region gathered to share their insights under the theme “Heralding a New Chapter: Collaborate and Innovate”. For the first time, the summit was held in a hybrid format, overcoming geographical boundaries by allowing those who were unable to attend in person to participate virtually. Close to 20,000 attendees representing over 80 countries and regions participated online or at the physical event. The eighth Belt and Road Summit will be held on 13-14 September 2023 at the Hong Kong Convention and Exhibition Centre, we hope to see you there.

The results of the 2021 Election Committee's subsector ordinary elections in China's Hong Kong Special Administrative Region (HKSAR) were unveiled on Monday morning as 364 of 412 candidates were elected as members in 13 subsectors of the Election Committee.▲ Staff members work at a counting station in Hong Kong, south China, Sept 19, 2021. Photo/XinhuaThe Election Committee is endowed with important functions under the improved electoral system, including nominating candidates for the Chief Executive election, electing the Chief Executive designate, nominating candidates for the Legislative Council (LegCo) election, and electing 40 LegCo members.After the voting hours of the elections ended at 6:00 pm on Sunday, the HKSAR Chief Executive Carrie Lam said the elections, the first after improvements to Hong Kong's electoral system, are particularly meaningful.The elections show that the HKSAR implements the principle of "patriots administering Hong Kong" in its political system, safeguards national sovereignty, security and development interests, and ensures the successful implementation of "one country, two systems," she said.▲ Chief Executive of the Hong Kong Special Administrative Region Carrie Lam receives an interview after inspecting a polling station at Hong Kong Convention and Exhibition Center in Hong Kong, south China, Sept 19, 2021. Photo/XinhuaOut of the 1,500 seats of the Election Committee, 325 people were determined to be validly registered as ex-officio members, 156 people were validly nominated to be members of the Election Committee and 603 candidates were uncontested, while 412 candidates competed for 364 seats.The actual number of members of the Election Committee will be fewer than 1,500 due to the LegCo election yet to be held and the overlapping status of some ex-officio members.The five-year term of the new Election Committee will start on Oct 22 of this year and end on Oct 21, 2026.