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Hong Kong shipping and logistics

Hong Kong shipping and logistics
The latest news, analysis and opinion on Hong Kong shipping and logistics. In-depth analysis, industry insights and expert opinion.
last updated:
9 September, 2024
From left, NEXX CEO Oscar Hui, chairman Houston Huang and vice-chairman John Chan. The goal of the smart logistics technology platform is to provide flexible, cost-effective and scalable inventory storage solutions. Photo: Handout
Artificial intelligence

Ex-JPMorgan executive, local businessmen start GenAI-powered logistics platform

NEXX uses GenAI and LLMs to help warehouses reduce costs and improve efficiency.

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Middle East

Hong Kong-flagged ship drifts abandoned in Red Sea after explosion

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War and conflict

Opinion | Crisis-hit supply chains must become stronger, greener and fairer

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Transport and logistics

Indonesia a magnet for Chinese logistics, supply chain operators: SF group

A growing economy, with multilingual talent and vast geographical expanse, makes Indonesia a good choice for expansion, SF unit says.

Indonesia offers big opportunities for Chinese logistics firms seeking to grow out of cutthroat competition at home. Photo: Mia Castagnone
John Lee

Editorial | Xi puts faith in Lee to deliver on Hong Kong economic development, reform

Hong Kong chief executive on duty visit to Beijing receives praise as well as being instructed to focus on national goals and advantages under ‘one country, two systems’.

Cathay Pacific

Hong Kong’s Cathay ‘confident’ of hitting full capacity but union has doubts

Hong Kong’s flag carrier says it has ‘robust plans in place’ to recruit pilots to support rebuilding plan.

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Business of climate change

Hong Kong’s status as aviation, maritime hub faces green fuel challenge

Hong Kong has to act fast if it wants to become a green fuel hub for the aviation and maritime sectors, as both Singapore and China are way ahead, analysts say.

Illustration by Henry Wong
Business of climate change

China to lead decarbonisation of global maritime industry, analysts say

China is a step ahead because it is a world leader in electric vehicles, renewable energy and battery supply chains.

Hong Kong

Hong Kong aims to become a global green maritime fuel bunker centre

Hong Kong setting sail towards a greener future through green fuel incentives and vessel subsidies.

Hong Kong economy

Opinion | Hongkongers should support John Lee’s determination to improve things

The city’s leader has backed his promise to improve the city’s competitiveness and livelihoods with policies to protect prosperity and stability.

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Chief Executive John Lee Ka-chiu holds up a copy of the latest policy address during a press conference at the government’s headquarters in Admiralty on October 15. Lee deliver his third annual policy address on October 16. Photo: Eugene Lee
Insurance

Exclusive | Hong Kong needs a playbook to become marine insurance hub: broking giant

Hong Kong’s potential as a marine insurance hub hinges on tax incentives and easier capital raising for insurers, Willis Towers Watson CEO Carl Hess says.

Hong Kong has 2,600 ships with an aggregate 130 million gross tons, making it the world’s fourth largest register. Photo: Jelly Tse
John Lee

Editorial | John Lee’s blueprint takes Hong Kong in the right direction, but execution is key

Time is of the essence and city’s leader must strive to deliver quickly on the promises he has made in his policy address.

John Lee policy address 2024

Hong Kong extends multi-entry mainland visa for non-permanent residents to 5 years

City leader rolls out new measure aimed at boosting city’s appeal to foreign investors and reinforcing its international trading hub status.

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Insurance

Shanghai, Hong Kong ports lag global peers on services, CY Leung says

‘Drawbacks are obvious’, and both cities must upgrade to ‘wield more influence’ in global shipping, says Hong Kong’s former chief executive.

Containers sit at a terminal at the Yangshan deepwater port in Shanghai on October 10, 2024. Photo: Reuters
Hong Kong property

Hong Kong to sell second logistics site on sweetened terms after feedback

The winner is to surrender 20 per cent of the floor space to the government to ensure its financial viability, instead of 30 per cent; plot ratio reduced to lessen cost.

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The Hung Shui Kiu plot could be developed into a building with 388,685 square metres of floor space, CBRE estimates. Photo: Handout
Hong Kong

Editorial | Opportunity docks for Hong Kong in provision of maritime services

The city cannot hope to compete with China ports on cargo handling, but it leads in terms of legal, logistical and professional know-how.

Hong Kong economy

Hong Kong shouldn’t fret over port rankings, but must build services: CY Leung

Former chief executive also says more business chambers should visit mainland China to help identify new opportunities.

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Hong Kong economy

Hong Kong can emulate Shenzhen and take bolder reforms: former leader CY Leung

Shenzhen’s experience offers reference for Hong Kong in areas such as giving up low-end industries in exchange for new ones, Leung says.

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Former leader CY Leung has called for Hong Kong to take bolder, faster steps towards reform. Photo: Dickson Lee
Hong Kong courts

Ex-Airport Authority executive pleads guilty to taking HK$3.3 million in bribes

Ricky Lee, 49, also admits to handling more than HK$5.6 million in illegal proceeds linked to construction of the third runway project.

Alibaba

Goodbye slow boat to China: Alibaba logistics arm launches next-day delivery

Through a new route from the Hong Kong airport to Zhuhai, online purchases can reach buyers in Shanghai, Zhejiang and Jiangsu as fast as one day.

Business of climate change

For Hong Kong to become green-fuel transport hub, here’s what it needs to do

The city has to introduce favourable policies and make strategic investments in green hydrogen projects to secure future supplies and create an ecosystem, expert says.

Hong Kong is aiming to become a hydrogen-based green fuels supply hub for marine and air transport. Photo: Dickson Lee
Insurance

Hong Kong poised for bigger role in shipping insurance to support China’s fleet

The recently concluded third plenum highlighted Beijing’s aim to enhance Hong Kong’s status as an international shipping and trading centre, a veteran insurer and Executive Council member says.

An aerial view of Kwai Tsing Container Terminals in Kwai Chung, Hong Kong, on August 13, 2020. Photo: Winson Wong
Hong Kong economy

Editorial | Use the third runway to cement Hong Kong’s hub status

With Cathay Pacific expecting a delay in its full recovery, it is a good idea to entice other airlines to utilise the airport’s new capacity.

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China economy

Chinese exporters vying for shipping slots face months of anxiety, DHL says

Shortage of slots on container vessels leaving China, which caused a surge in freight rates, is unlikely to ease in the coming few months because shipping giants have no additional capacity, says DHL Global Forwarding.

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Business of climate change

Hong Kong’s shipping sector ‘slow to the game’ with its environmental efforts

The city’s maritime sector has ‘a lot of catching up to do’ in terms of its decarbonisation efforts, especially given fast-changing regulations and technology advances, says the Hong Kong Shipowners Association.

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Despite declining container port throughput, Hong Kong has opportunities to transition from its historical roots in the maritime industry into more value-added services like ship management and brokering. Photo: Jelly Tse
Business of climate change

World shipping’s green fuel adoption puts cart before horse as supply struggles

The global shipping industry may have put the cart before the horse as green fuel supplies lag the needs of ships that are switching to low carbon energy sources.

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View of cargo ships and containers at the Hong Kong Container Terminal, Kwai Chung. Photo: Winson Wong
Transport and logistics

Opinion | Hong Kong’s struggling port is an opportunity in disguise

Hong Kong has slipped down the ranks of the world’s busiest ports, but the city should take this development as a chance for transformation. Using the land occupied by struggling container terminals for a theme park or fintech hub could help revive the city’s economy and drive collaboration with the Greater Bay Area.

Hong Kong economy

Opinion | Forget past glories, Hong Kong must find relevance in a changing world

Hong Kong’s economic malaise is structural. China will remain a powerful economy and global player,but this does not ensure the city’s relevance unless it shapes up.

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