Hongkong International Terminals (HIT) has refuted market rumours that the entire site of terminal 9 at Kwai Tsing Container Terminal has been decommissioned.
HIT, a joint venture between Hutchison Ports and COSCO Shipping Ports, stated that only the north part of the terminal, covering a 19-hectare area, was decommissioned. This began in 2020 and was completed in 2022.
Hong Kong’s container throughput has slowed since the Covid-19 pandemic, and it has been predicted that 2023 volume will drop to...
