Hong Kong is accelerating its efforts to become an international green shipping hub.

March 10, 2026, 9:00 AM
People's Daily-People's Daily Overseas Edition
291
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Highlights at a glance
The article reported the completion of Hong Kong's first single green methanol filling business, marking a substantial step in the development of green shipping. In the face of pressure from the International Maritime Organization's carbon pricing and the European Union's carbon trading system, major ports around the world are competing to carry out green fueling business. The Hong Kong Special Administrative Region government has shown firm determination to achieve breakthroughs in the filling of liquefied natural gas, biodiesel and green methanol in the short term through the release of the "Green Marine Fuel Filling Action Plan", and set clear emission reduction targets. In order to support the transformation, Hong Kong has implemented relevant laws and regulations and incentive schemes, and has made use of its unique advantages of "relying on the motherland and connecting the world" to integrate the green fuel supply chain in the mainland and deepen cooperation with mainland cities (such as Shenzhen). In addition, Hong Kong, with its status as an international financial center and high-end maritime services ecosystem (including ship registration, insurance and arbitration), provides capital and professional services to support the green transformation of the shipping industry. Through the coordination of policies, infrastructure and industrial chain, Hong Kong is committed to building a full-chain green shipping ecology integrating raising, trade, financing and legal services, so as to consolidate and enhance the competitiveness of its international shipping center.