Greater China

Wellington Koo elected HKSOA chairman

Wellington Koo, executive director at Valles Steamship, has been elected the new chairman of the Hong Kong Shipowners Association (HKSOA), replacing Anglo-Eastern’s Bjorn Hojgaard who has completed his two-year term at the shipping body.

Angad Banga, of The Caravel Group, was elected deputy chairman this week, likely meaning he will become chairman in 2023.

Speaking with Splash for a recently published magazine looking at Hong Kong shipping, Koo, the fourth generation at the helm of privately held Valles, said the key to ensure the southern Chinese city continues to grow as a maritime hub was to entice all strands of the industry to set up there.

Koo conceded that the commercial principals, such as shipowners, managers and traders, are the most important group to try to woo back to Hong Kong.

“They are the drivers of the maritime industry and generate business for the service companies. If more of these principals are attracted to Hong Kong, related service providers, such as brokers, insurance companies and maritime law firms, will follow,” Koo said.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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