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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
Hong Kong Chief Executive John Lee (left) briefs Chinese President Xi Jinping in Beijing on the economic, social and political situation in Hong Kong. Photo: Handout
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

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Business of climate change

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

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.

A cargo ship near Qingdao Port. Photo: Agence France Presse
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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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.

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.

The airport’s HK$141.5 billion expansion project started in 2016 and includes a new 3.8km runway. Photo: May Tse
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.

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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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Transport and logistics

Editorial | Sinking Hong Kong port calls for new routes to growth

With city’s reputation as the world’s busiest container port just a memory, a plan to revive it as an international maritime hub that has the Greater Bay Area on its doorstep raises hopes.

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A worker secures stacked containers on a ship in Hong Kong’s Kwai Tsing Terminals in March 2021. Photo: EPA-EFE
Hong Kong

Hong Kong falls out of world’s top 10 busiest ports for the first time

Hong Kong, once the world’s busiest port, was knocked to 11th place in 2023 by Dubai’s Jebel Ali port, while Shanghai and Singapore retained the top two spots, according to data from Alphaliner.

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Container volumes have been declining at Hong Kong port for the past seven years. Above, a general view of Kwai Chung container terminal. Photo: Jelly Tse
Victor Li

CK Hutchison’s Victor Li and Canning Fok step aside as managing directors

Li and Fok will stay on as co-executive directors, while Fok will serve as deputy chairman and chairman of its telecoms arm.

Blockchain

Hong Kong’s CBDC trial and Ant’s blockchain are helping to digitise shipping

Hong Kong’s Global Shipping Business Network has finished a prototype of its first electronic bill of lading in collaboration with Ant Group’s ZAN blockchain unit.

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