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Hong Kong shipping and logistics

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

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

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

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

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 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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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 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 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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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

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

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 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.

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

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

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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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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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

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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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 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

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.

Victor Li Tzar-kuoi, chairman of CK Asset and CK Hutchison, at the announcement of CK Asset’s 2022 results. Photo: Handout

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.

Ransomware surge leaves Hong Kong logistics, finance sectors vulnerable: report

Financial services and logistics were the hardest-hit sectors in Hong Kong, while manufacturing was the most impacted across Greater China by ransomware.

Letters | Amid Red Sea attacks, Hong Kong should keep its shipping flag flying high

Readers discuss the valuable role Hong Kong’s shipping industry can play, and a recent fatal road accident.

Container ships at the Kwai Tsing Container Port in Hong Kong in October 2018. Hong Kong could leverage its neutral status at a time when ships are under attack in the Red Sea. Photo: Roy Issa

Across Victoria Harbour exhibition is a window to Hong Kong’s maritime past

Across Victoria Harbour, an exhibition at the Hong Kong Maritime Museum, shows the harbour’s role in shaping Hong Kong, through old photos, interviews, models and more.

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Stevedores at the wharf, circa 1900s. Stevedores have long played a crucial role as an essential workforce in the freight transport industry. From the 19th century, they toiled daily in harsh weather conditions, shouldering goods and shuttling between barges, ocean liners, and bustling docks, relying on crude gangplanks. Photo courtsey of Mr Dennis George Crow Dennis George Crow

Opinion | Time for Hong Kong logistics to shine amid supply chain woes

As the neutral Hong Kong shipping flag becomes increasingly attractive amid Red Sea attacks, the city should grow its own logistics brand and cultivate connections with belt and road countries such as Djibouti.

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PayCargo picks Hong Kong as Asia launch pad for payment systems as Cathay signs up

US electronic payment platform operator PayCargo is teaming up with local firm Autotoll to offer its solution to the logistics industry, banking on Asia’s biggest air cargo hub to expand its footprint.

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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
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