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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
A cargo ship sails towards the Bridge of the Americas, which spans the entrance to the Panama Canal, on January 22. Since 2023, persistent disruptions at maritime chokepoints including the Panama Canal have intensified inflation, prolonged shipping times and strained economies. Photo: Reuters
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

John Lee

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

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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Cathay Pacific recently said it would achieve full capacity by early 2025. Photo: Jonathan Wong
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.

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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.

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.

Many of the measures Chief Executive John Lee announced in his third policy address may take some time to show results, given the challenging geopolitical environment and Hong Kong’s slower-than-expected economic recovery. Photo: Dickson Lee
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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People at the Lo Wu border in Shenzhen. Residents who are travelling to the mainland for business, tourism and leisure can apply for multiple-entry visas valid for up to five years, authorities have said. Photo: Edmond So
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.

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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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.

Cargo ships are loaded and unloaded in Hong Kong in July 2004. Today, the city’s maritime services and shipping sectors face transformative challenges. Photo: AFP
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 slipped out of the top 10 ranking of busiest ports globally for the first time last year, finishing 11th. Photo: Sam Tsang
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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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.

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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.

A Cainiao Post station in Jiangmen, Guangdong province, seen on February 14, 2024. Photo: Simon Song
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.

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.

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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Hong Kong’s Airport Authority has offered a subsidy of up to HK$7 million a year to airlines that launch a new daily route as part of a bid to fill up extra capacity ­created by Hong Kong International Airport’s third runway. Photo: May Tse
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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The cost of shipping a 20-foot container from Shanghai to Europe has jumped by about 20 per cent over the past month to US$7,000. Photo: Xinhua
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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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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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.

An empty section of the Kwai Tsing Container Terminal on January 3. Hong Kong’s decline in a ranking of the world’s busiest ports has sparked discussion about the future of the city’s shipping industry. Photo: Sam Tsang
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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Illustration: Stephen Case
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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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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