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Hong Kong slipped to the world's 10th largest container port!
Date:2024-04-15 Readers:
From the world's top slipped to the world's tenth largest container port in Hong Kong, will usher in a new blow. It is reported that a major shipping alliance has removed Hong Kong from the two major ocean routes from Asia to the west coast of the United States in 2025, and can only continue to provide services from Asia to the east coast of the United States, raising questions about whether Hong Kong can maintain its status as a shipping centre. However, the Hong Kong Liner Shipping Association Chairman Luo Zhenlin (Roberto Giannetta) does not agree, said Hong Kong's container throughput is declining, but in the Asian regional market, the world's largest shipping market share is rising.

Alan Murphy, chief executive of Danish maritime data analytics firm Sea-Intelligence, wrote earlier this month that a coalition of major shipping lines is restructuring global port operations to improve scheduling, with one trend being to centralise operations into larger but fewer hubs, with Hong Kong being the first "victim". "Hong Kong has become the first "victim" of this trend, and is fast being removed from the list of East-West transhipment ports by all the major shipping lines, as the Trans-Pacific Network Overview 2025, published late last month by THE Alliance, one of the three major maritime alliances, has removed Hong Kong from the list of ports for transhipment to the West Coast of the Pacific and the Pacific Northwest of the US. Hong Kong has been removed from the Pacific Southwest and Pacific Northwest routes to the west coast of the United States and retained only in the Asia-US East Coast route.

Secondly, the overview of another alliance, Gemini, points out that Hong Kong is not included in the list of deep-sea calls; and the network of the Ocean Alliance also shows that the number of direct calls to Hong Kong ports will be drastically reduced from 11 last year to six this year.

In addition, the latest Liner Shipping Connectivity Index (LSCI) provided by the United Nations Conference on Trade and Development (UNCTAD) also shows that Hong Kong's connectivity has been declining over the past decade, with the fourth quarter of last year having fallen to the rock bottom of 388, and the first quarter of this year having rebounded only marginally to 390, but the overall trend has been deteriorating.

With the shipping giant Maersk (Maersk) and Hapag-Lloyd (Hapag-Lloyd) signed the Gemini co-operation agreement in February next year, Shenzhen Yantian port will become the alliance to Europe and the United States of America's main port of South China, it is believed that part of the throughput handled by Hong Kong's ports may be shifted to Yantian, coupled with the other cargoes will be rerouted to Southeast Asia, Hong Kong's status as an entrepot It is believed that some of the throughput handled by the Hong Kong port may be shifted to Yantian.


https://www.cnss.com.cn/html/gkdt/20240415/352880.html

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