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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.
The Panama Canal will remain neutral despite recent agreements to enhance security cooperation between Panama and the United States, a Panamanian official says. Photo: AFP
Hong Kong economy

‘Total misperception’ Panama Canal under China’s influence, official says

Panama has to do ‘very, very good job’ in explaining to US administration that there is no foreign interference, vice-minister says.

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Hong Kong politics

CK Hutchison defends Panama ports concession, breaking silence on controversy

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Hong Kong economy

Can Panama’s audit give Hutchison a way out of geopolitical storm?

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Hong Kong politics

How can Beijing antitrust probe affect Panama deal if Hutchison delays signing?

Market regulator empowered to put limits on sale or even halt deal under Anti-Monopoly Law, legal experts explain.

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The Chinese (R) and Hong Kong (L) flag. Photo: AFP
Hong Kong politics

Hutchison’s Panama deal: Beijing warns of coercion that hurts countries

Beijing’s top office on Hong Kong also shares another scathing article over deal by Li Ka-shing’s conglomerate.

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Hong Kong politics

‘Don’t act in concert with US hegemony’: Beijing signals anger over Hutchison deal

HKMAO shares scathing piece that warns Hong Kong tycoon Li Ka-shing’s conglomerate against making ‘historic mistakes’.

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Hong Kong economy

Exclusive | Hutchison, government in talks to see if there’s any way out as deadline nears

Sources say Hong Kong government approached Hutchison immediately after learning on March 4 about the surprise deal to sell its port operations.

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CK Hutchison is caught in a Catch-22 situation of its own making, legal and political analysts say. Photo: Sam Tsang
Hong Kong politics

Eyebrows raised over Hong Kong’s Richard Li in Beijing, observers say

Younger son of tycoon Li Ka-shing rubbed shoulders with elites on weekend in nation’s capital, but observer says Beijing sees him as separate to controversial deal.

Hong Kong politics

Hutchison’s Panama ports exit inevitable: analysts

CK Hutchison has kept silent on the sale but defends the move via a column on news website using a property agent’s byline, says the agent.

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Hong Kong politics

Devil in the details of the Hutchison-BlackRock Panama ports deal

Hong Kong-based port operator has to contend with local politics and mounting pressure from US, which wants to reduce mainland Chinese influence.

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Sailors wave the China and Panama flags during a visit by Chinese President Xi Jinping to the Latin American country in 2018. Photo: Reuters
Mergers & Acquisitions

Hutchison stays mum on plan to sell port assets amid Panama spat, China rebuke

No event that might require disclosure was identified, Hutchison said, leaving the onus on shareholders to question the directors at its AGM on May 22.

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The entrance of the Balboa Port in Panama. Photo: Reuters
Hong Kong economy

Black eye for BlackRock-Hutchison Panama ports deal? Not so easy, say experts

Legal tools to smash the sale are not really available as Hong Kong is a very free place for business, observers say.

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Hong Kong economy

BlackRock, buyer of Hong Kong Hutchison’s Panama ports, in the spotlight

Elite US institutional investor has a significant presence in Hong Kong but has kept a studiously low profile.

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Hong Kong economy

Can Hong Kong’s Hutchison ride out storm over Panama ports deal after Beijing attack?

Experts say Hutchison, part of tycoon Li Ka-shing’s empire, is now caught in a dilemma and might end up being punished by both the United States and China.

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Hutchison Port Group has a 90 per cent stake in the Balboa and Cristobal docks at either end of the Panama Canal. Photo: AP
Hong Kong politics

Top Beijing office runs scathing attack on Panama deal by Hong Kong’s Hutchison

Conglomerate under fire over bombshell announcement it is selling Panama Canal port operations in deal led by US firm BlackRock.

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The Hutchison Port Group owns 43 container ports in 23 countries, including a 90 per cent stake in the Balboa and Cristobal docks at either end of the Panama Canal. Photo: Reuters
Mergers & Acquisitions

Li Ka-shing’s Hutchison steps back from global ports amid trade war

CK Hutchison said it would sell 80 per cent of its stakes in 43 ports in 23 countries, including Panama but excluding mainland China and Hong Kong.

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Hong Kong property

Singapore’s Mapletree wins tender for Hong Kong logistics site

Unit of Temasek Holdings-owned company, the sole bidder, pays about US$473 million for the parcel.

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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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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
Middle East

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

An official described the cargo aboard the ASL Bauhinia container ship as ‘dangerous’. The cause of the fire was not immediately clear.

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War and conflict

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

A fundamental rethink is needed as global supply chains flounder amid war and attacks, geopolitical tensions and climate shocks.

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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’.

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
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.

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.

About 5,000 ocean-going vessels visit Hong Kong every year. Photo: Winson Wong
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.

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