The Port of Hong Kong is a deepwater seaport which mainly supports the trade of containers. It is one of the busiest ports in the world as its strategic location gives access to the Far East trade routes, being at the same time the gate of China to Western trade. In 2017, the global detention rate is estimated at 2.6% ; Tokyo’s MoU rate is 3.00% while Hong Kong shows a detention rate up to 3.12%.
Hong Kong PSC Performance in 2017
Source: RISK4SEA
Detentions distribution per vessel’s type
Source:...