Wah Kwong NatPower Holdings (Wah Kwong NatPower) on Friday (15 May) said it has recently signed a Memorandum of Understanding (MoU) with Chu Kong Shipping Enterprises (Group) (CKS), a subsidiary of Guangdong Provincial Port & Shipping Group Company Limited. The two parties have agreed to establish a cooperative framework with a focus on advancing industries related to the electrification of Hong Kong’s waterborne transport. Under the MoU, the two parties will engage in in-depth discussions aligned with the shipping industry’s low-carbon transition, focusing on areas including electric vessel construction and technological innovation, charging and battery-swap networks at Guangdong–Hong Kong terminals, and the overall promotion of water transport electrification in Hong Kong. Both sides will share industry information and jointly explore relevant policy and technical developments. The MoU was signed by Mr. Vincent Ni, the General Manager of Wah Kwong NatPower. Mr. Ni noted that establishing industry-wide collaborative mechanisms is essential to translating low-carbon transition concepts into tangible outcomes. He stated that water transport electrification is a systemic endeavour that requires close coordination across the entire value chain. Wah Kwong NatPower said the cooperation with CKS reflects a shared vision for the development of water transport electrification in Hong Kong and the Greater Bay Area. The shipping industry is entering an accelerated phase of green and low-carbon transition. As a leading hub for maritime innovation, the Guangdong–Hong Kong–Macao Greater Bay Area is advancing the deployment of electric vessels alongside the development of supporting infrastructure. “At the same time, the region is building an interconnected green energy ecosystem, expanding shoreside charging networks and promoting standardisation across charging and battery-swapping systems. This coordinated approach is critical to enabling seamless cross-regional operations