
{"id":34407,"date":"2022-10-18T08:56:14","date_gmt":"2022-10-18T08:56:14","guid":{"rendered":"https:\/\/sms-bridges.com\/staging\/?p=34407"},"modified":"2022-10-19T05:38:20","modified_gmt":"2022-10-19T05:38:20","slug":"wah-kwong-charting-a-course-for-ever-expanding-horizons","status":"publish","type":"post","link":"https:\/\/sms-bridges.com\/staging\/wah-kwong-charting-a-course-for-ever-expanding-horizons\/","title":{"rendered":"Wah Kwong: Charting a course for ever-expanding horizons"},"content":{"rendered":"\n<p>Seven decades of experience and expertise in the business, however, have certainly given Wah Kwong its share of industry advantage. As it celebrates its 70th anniversary this year, the Hong Kong-based shipping company is all set to steer strategically into the future, as smoothly and seamlessly as possible.<\/p>\n\n\n\n<div><a href=\"https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-1.jpg\" class=\"td-modal-image\"><figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1400\" height=\"933\" src=\"https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-1.jpg\" alt=\"\" class=\"wp-image-34415\" srcset=\"https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-1.jpg 1400w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-1-300x200.jpg 300w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-1-1024x682.jpg 1024w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-1-768x512.jpg 768w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-1-150x100.jpg 150w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-1-600x400.jpg 600w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-1-696x464.jpg 696w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-1-1392x928.jpg 1392w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-1-1068x712.jpg 1068w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-1-630x420.jpg 630w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-1-1260x840.jpg 1260w\" sizes=\"(max-width: 1400px) 100vw, 1400px\" \/><figcaption>Wah Kwong Executive Chairman <strong>Hing Chao<\/strong>, convener of the 2021 GBA Maritime Forum | \u00a9 Wah Kwong<\/figcaption><\/figure><\/a><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">Anchored by a lasting legacy<\/h3>\n\n\n\n<p>Since 1952, Wah Kwong has robustly invested in, owned and operated maritime assets. The company has a rich legacy as a shipowner, which it melds with a forward-thinking approach to ship ownership and ship management. With the third generation of the founding family at the helm, the company continues to be built on trust, steered by innovation, and driven by passion.<\/p>\n\n\n\n<div><a href=\"https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-2.jpg\" class=\"td-modal-image\"><figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"1400\" height=\"1050\" src=\"https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-2.jpg\" alt=\"\" class=\"wp-image-34416\" srcset=\"https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-2.jpg 1400w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-2-300x225.jpg 300w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-2-1024x768.jpg 1024w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-2-768x576.jpg 768w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-2-150x113.jpg 150w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-2-600x450.jpg 600w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-2-696x522.jpg 696w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-2-1392x1044.jpg 1392w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-2-1068x801.jpg 1068w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-2-560x420.jpg 560w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-2-1120x840.jpg 1120w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-2-80x60.jpg 80w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-2-160x120.jpg 160w\" sizes=\"(max-width: 1400px) 100vw, 1400px\" \/><figcaption>Deck and engineering officers undergo position-fixing training aboard the Great Spirit. | \u00a9 Wah Kwong<\/figcaption><\/figure><\/a><\/div>\n\n\n\n<p>Since 2020, Wah Kwong\u2019s office in Qianhai, Shenzhen, has supported its asset management business, boosted efforts at recruiting seafarers, overseen shipbuilding activities in shipyards and proven vital to growth and operations amid the pandemic.<\/p>\n\n\n\n<p>\u201cOur Greater Bay Area office has really blossomed; we currently have over 60 people, looking to grow to 80 to 100 within the next two to three years,\u201d said Hing Chao, executive chairman of the company. In addition, Chao notes that they have \u201cbeen talking very closely with the Shenzhen government about aligning policies and creating better mechanisms of cooperation\u201d to further propel growth in the sector.<\/p>\n\n\n\n<div><a href=\"https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-3.jpg\" class=\"td-modal-image\"><figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"1400\" height=\"934\" src=\"https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-3.jpg\" alt=\"\" class=\"wp-image-34410\" srcset=\"https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-3.jpg 1400w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-3-300x200.jpg 300w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-3-1024x683.jpg 1024w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-3-768x512.jpg 768w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-3-150x100.jpg 150w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-3-600x400.jpg 600w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-3-696x464.jpg 696w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-3-1392x929.jpg 1392w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-3-1068x713.jpg 1068w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-3-630x420.jpg 630w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-3-1259x840.jpg 1259w\" sizes=\"(max-width: 1400px) 100vw, 1400px\" \/><figcaption>Crew members of the Light Venture compare notes at the Cheng Xi Shipyard in China\u2019s Jiangsu province. | \u00a9 Wah Kwong<\/figcaption><\/figure><\/a><\/div>\n\n\n\n<p>Within the Greater Bay Area, Wah Kwong is committed to nurturing industry talent for the maritime economy while being good stewards of environmental soundness in the shipping sector. To jump-start these objectives, the company has partnered with Shenzhen Ocean University.<\/p>\n\n\n\n<figure class=\"wp-block-pullquote\"><blockquote><p>Since the beginning of the company\u2019s history, we\u2019ve been about making connections. So, while we\u2019re strengthening our presence in the Greater Bay Area, we\u2019re also looking to increase our footprint beyond.<\/p><cite><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-white-color\"><strong>Hing Chao<\/strong>, Executive Chairman of Wah Kwong<\/mark><\/cite><\/blockquote><\/figure>\n\n\n\n<div class=\"wp-block-image\" style=\"margin-top:-15px;margin-bottom:25px\"><figure class=\"aligncenter size-full is-resized\"><a href=\"http:\/\/www.wahkwong.com.hk\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-logo.jpg\" alt=\"\" class=\"wp-image-34414\" width=\"221\" height=\"43\" srcset=\"https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-logo.jpg 400w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-logo-300x58.jpg 300w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-logo-150x29.jpg 150w\" sizes=\"(max-width: 221px) 100vw, 221px\" \/><\/a><\/figure><\/div>\n\n\n\n<p>\u201cWe\u2019ve always taken pride in being a good employer and giving opportunities to promote career advancement. Now, sustainability is coming into greater focus, as a core aspect of our operations. Our sustainability policies across ESG are now much more comprehensive,\u201d he said, referring to environmental, social and governance goals.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Ever-expanding horizons<\/h3>\n\n\n\n<div><a href=\"https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-4.jpg\" class=\"td-modal-image\"><figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1400\" height=\"933\" src=\"https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-4.jpg\" alt=\"\" class=\"wp-image-34411\" srcset=\"https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-4.jpg 1400w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-4-300x200.jpg 300w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-4-1024x682.jpg 1024w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-4-768x512.jpg 768w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-4-150x100.jpg 150w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-4-600x400.jpg 600w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-4-696x464.jpg 696w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-4-1392x928.jpg 1392w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-4-1068x712.jpg 1068w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-4-630x420.jpg 630w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-4-1260x840.jpg 1260w\" sizes=\"(max-width: 1400px) 100vw, 1400px\" \/><figcaption>Officer opening the bunkering valve aboard \u201cCS Hunan Venture\u201d | \u00a9 Wah Kwong<\/figcaption><\/figure><\/a><\/div>\n\n\n\n<p>Wah Kwong is likewise dedicated to establishing solid global connections, driven by its desire to expand throughout Asia and the West.<\/p>\n\n\n\n<p>\u201cSince the beginning of the company\u2019s history, we\u2019ve been about making connections. So, while we\u2019re strengthening our presence in the Greater Bay Area, we\u2019re also looking to increase our footprint beyond. In May, we opened a branch office in London to help us conduct business activities in Europe, and we are also looking to open an office in Singapore,\u201d Chao noted.<\/p>\n\n\n\n<div><a href=\"https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-5.jpg\" class=\"td-modal-image\"><figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1400\" height=\"818\" src=\"https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-5.jpg\" alt=\"\" class=\"wp-image-34412\" srcset=\"https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-5.jpg 1400w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-5-300x175.jpg 300w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-5-1024x598.jpg 1024w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-5-768x449.jpg 768w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-5-150x88.jpg 150w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-5-600x351.jpg 600w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-5-696x407.jpg 696w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-5-1392x813.jpg 1392w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-5-1068x624.jpg 1068w, https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2022\/10\/GBA-China22-Wah-Kwong-photo-5-719x420.jpg 719w\" sizes=\"(max-width: 1400px) 100vw, 1400px\" \/><figcaption>(1982) Wah Kwong orders the world\u2019s largest bulk carrier at the time &#8211; 263,000 DWT \u201cHitachi Venture\u201d | \u00a9 Wah Kwong<\/figcaption><\/figure><\/a><\/div>\n\n\n\n<p>The company credits much of this expansion to its early ties with Japan. To date, Wah Kwong maintains close ties with Japanese shipyards and trading houses, with prominent shipping companies and charterers, as well as with financial institutions.<\/p>\n\n\n\n<p>\u201cWe\u2019ve worked very closely with Japanese companies since the beginning. We\u2019re very proud of this legacy; it\u2019s something we want to maintain. I see continued collaboration with Japan in so many different ways: ship newbuilding, for sure; the renewable energy sector; shipping asset management; cooperation in pool activities; and ship finance among many others.\u201d<\/p>\n\n\n\n<p class=\"has-text-align-center\"><strong><a href=\"http:\/\/www.wahkwong.com.hk\/\" target=\"_blank\" rel=\"noreferrer noopener\">www.wahkwong.com.hk<\/a><\/strong><\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>It takes guts, gumption and a game plan to navigate the oft-tricky waters of just about any business \u2014 especially in the expansive, ever-evolving maritime sector. While it is an industry steeped in time-tested tradition, it is also one that is tossed by tumultuous tides.<\/p>\n","protected":false},"author":7,"featured_media":34413,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advgb_blocks_editor_width":"","advgb_blocks_columns_visual_guide":"","footnotes":""},"categories":[600,292,259,658,123],"tags":[506],"class_list":{"0":"post-34407","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-600","8":"category-articles","9":"category-bridging-japan","10":"category-gba-china-jt","11":"category-shipping-logistics","12":"tag-industrial"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Wah Kwong: Charting a course for ever-expanding horizons - Bridges Magazine<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sms-bridges.com\/staging\/wah-kwong-charting-a-course-for-ever-expanding-horizons\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wah Kwong: Charting a course for ever-expanding horizons - Bridges Magazine\" \/>\n<meta property=\"og:description\" content=\"It takes guts, gumption and a game plan to navigate the oft-tricky waters of just about any business \u2014 especially in the expansive, ever-evolving maritime sector. 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