Hong Kong Shippers’ Council

Decline in global rankings prompts Hong Kong rethink on maritime and logistics

Hong Kong is planning to create a new transport bureau to enhance its status as an international maritime and logistics hub.
The proposed governmental move, announced this week, coincides with news that the city has fallen out of the top five maritime cities in the world, according to the annual report by Menon Economics and DNV.
Published yesterday, the 2022 report puts Hong Kong in seventh position, the top five rankings now …

The post Decline in global rankings prompts Hong Kong rethink on...

https://theloadstar.com/decline-in-global-rankings-prompts-hong-kong-rethink-on-maritime-and-logistics/

Carriers suspend some bookings as CNY holiday sparks barge disruption

Shipping lines in Hong Kong have warned of disruption and added costs following the reduction of Pearl River Delta barge connections until after Chinese New Year (CNY) next month.
“It’s disconcerting,” said Roberto Giannetta, chairman of the Hong Kong Liner Shipping Association.
“We have raised this issue with the Guangdong and Hong Kong governments on several occasions since the feeder operators raised the red flag, saying they would suspend services between Guangdong …

The post Carriers...

https://theloadstar.com/carriers-suspend-some-bookings-as-cny-holiday-sparks-barge-disruption/

Shippers kick back at ’empty promises’ from Hong Kong Seaport Alliance

The Hong Kong Seaport Alliance (HKSPA) has offered commitments to the city’s competition commission, after concerns its share of gateway cargo could be anti-competitive.
However, Hong Kong shippers describe the pledges, which include caps on service charges, as “paying lip service”.
The commission’s investigation, which began in January 2019 when the HKSPA was formed, found it was unlikely to give rise to competition concerns in the transhipment or barge markets,  as there …

The post Shippers...

https://theloadstar.com/shippers-kick-back-at-empty-promises-from-hong-kong-seaport-alliance/

Hong Kong port loses a million teu as PRD undergoes a ‘transformation’

Hong Kong’s container volumes fell by over a million teu last year, pushing the transhipment hub down to eighth place in the global container port rankings.
The port’s throughput fell 6.3%, to 18.36m teu, down more than 1.2m teu on 2018, according to figures from the Hong Kong marine department.
By comparison, Shanghai maintained its top position with a 3.1% increase in volumes, to 43.3m teu and second-place Singapore’s volumes increased 1.6%, …

The post Hong Kong port loses a million teu as PRD...

https://theloadstar.com/hong-kong-port-loses-a-million-teu-as-prd-undergoes-a-transformation/

Warning to shippers that IMO 2020 surcharges may be ‘profiteering’ by carriers

Cargo owners should be alert for IMO 2020 surcharge “profiteering” by container lines, according to the Hong Kong Shippers’ Council (HKSC).
HKSC executive director Sunny Ho said: “Shippers should note that these surcharges are on top of the normal bunker adjustment factor (BAF) and the low-sulphur fuel surcharge (LSS) carriers introduced late last year [in Hong Kong].”
He said the surcharges could not be justified because the 0.5% sulphur cap was a …

The post Warning to shippers that IMO 2020...

https://theloadstar.com/warning-to-shippers-that-imo-2020-surcharges-may-be-profiteering-by-carriers/

Competition regulators order investigation into new Hong Kong Seaport alliance

Hong Kong’s competition regulators have warned the port’s container terminal operators that the new alliance unveiled yesterday will be subject to an investigation.
The Loadstar reported yesterday that Hong Kong’s shippers had reacted with alarm to the announcement that four of the port’s five box terminal operators – Cosco Shipping Ports, Asia Container Terminals, Hongkong International Terminals and Modern Terminals – had come together to create the Hong Kong Seaport Joint …

The post Competitio...

https://theloadstar.co.uk/competition-regulators-order-investigation-into-new-hong-kong-seaport-alliance/

Shipper hackles rise as Hong Kong box terminals announce operating alliance

A new alliance of four Hong Kong major container terminal operators has been slammed as anti-competitive by local shippers.
The Hong Kong Seaport Joint Operating Alliance Agreement (HKSPA), announced yesterday, sees Cosco Shipping Ports team up with Asia Container Terminals, Hongkong International Terminals and Modern Terminals.
According to Cosco, the four companies will collaborate on the management and operation of 23 berths across Hong Kong’s Kwai Tsing terminals, with the aim of …

The post S...

https://theloadstar.co.uk/shipper-hackles-rise-as-hong-kong-box-terminals-announce-operating-alliance/

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