Some shipping companies are discreetly moving operations out of Hong Kong and taking vessels off its flag registry. Others are making contingency plans to do so.Behind these low-profile moves, six shipping executives said, lie concerns that their ships could be commandeered by Chinese authorities or hit with U.S. sanctions in a conflict between Beijing and Washington.
NYK, JERA, and Trelleborg Marine & Infrastructure (TMI) have jointly installed a new DynaMoor mooring system at the coal unloading berth of JERA's Hitachinaka Thermal Power Station in Ibaraki Prefecture in Japan.DynaMoor is a mooring system that reduces ship sway and surge while the vessel is at berth.