Angad Banga of The Caravel Group was elected Chairman of the Hong Kong Shipowners Affiliation on the group’s annual assembly held on November 22, 2023.
Banga succeeds Wellington Koo, of Valles Steamship, who stepped down after finishing his two-year time period as Chairman.
Richard Hext of Swire Delivery was elected Deputy Chairman, succeeding Banga. Qian Weizhong of COSCO Delivery (Hong Kong) and Wang Yongxin of China Retailers Vitality Delivery Firm Restricted have been re-elected because the Vice Chairmen.
Koo, the outgoing Chairman, thanked members for his or her assist to the Affiliation throughout his time period.
After the elections, the Affiliation hosted its annual cocktail reception, which was a significant occasion of Hong Kong Maritime Week 2023. In his opening remarks, Banga paid tribute to Koo’s management and repair: “Confronted with the challenges posed by the pandemic, distinctive native points, and an evolving regulatory framework, Wellington’s strategic acumen and steadfast dedication have bolstered our Affiliation and left an indelible influence on the whole maritime neighborhood in Hong Kong.”
Banga highlighted that the Affiliation performs a key function in supporting and including worth to its members by means of facilitating and organizing boards, advocacy initiatives and networking alternatives. “As we proceed to function throughout the maritime business, we’re aware of the challenges we face. These embody a posh regulatory setting, the crucial of environmental sustainability, the urgency for digital transformation and enhanced crew welfare. These challenges shouldn’t be considered as obstacles however as catalysts for innovation and additional resilience.
“The Hong Kong Shipowners Affiliation will additional improve our efforts to facilitate dialogue and cooperation, promote technological and environmental developments, and advocate for equitable and efficient insurance policies. Collectively, we are able to remodel these challenges into alternatives for development and improvement,” he stated.
The Hong Kong Shipowners Affiliation is without doubt one of the world’s largest ship proprietor associations, its members proudly owning, managing and/or working a fleet with a mixed carrying capability of over 223 million deadweight tonnes.