Port Operators

Re: Port Operators

Postby winston » Mon Nov 14, 2016 7:39 am

Relaxed mainland port rules could slice 14pc off Hong Kong’s container throughput, says report

City could lose all transshipment rights in the non-Pearl River Delta region, meaning a loss of 2.4 million containers per year

A full relaxation in the mainland’s laws prohibiting foreign-flagged vessels from moving cargo from one mainland coastal port to another, could deal a serious blow to Hong Kong’s container freight industry, according to the highly influential Hang Seng Management College (HSMC).

Before 2013, only vessels hoisting Chinese flags were allowed to conduct coastal shipping of cargo between Chinese mainland ports, according to Chinese Maritime law.

In other words, a US-registered ship, for instance, having loaded cargo in Shanghai could not immediately unload that cargo in Shenzhen.


Source: SCMP

http://www.scmp.com/business/companies/ ... -container
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Re: Port Operators

Postby winston » Fri Nov 25, 2016 5:45 am

China’s easing of cabotage rules deals serious blow to Hong Kong ports industry, say experts

“Without cabotage restrictions, most of the transshipment business will disappear from Hong Kong,” said Chung.

“Further relaxation will certainly weaken Hong Kong’s status of being an international maritime hub, or even hurt its economic growth.”


There will be 30 per cent shortage of port industry manpower in the coming five years and such a shortage will disrupt regular operations by then


Source: SCMP

http://www.scmp.com/business/global-eco ... -hong-kong
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Re: Port Operators

Postby winston » Fri Nov 25, 2016 6:15 am

Shipping alarm

by Daisy Wu

Miriam Lau Kin-yee, former transport industry functional constituency at Legislative Council, said South Korea may replace Hong Kong as the fifth busiest container port in the world.

She was speaking at a forum discussing China's 13th five-year plan.

The SAR had a container traffic of 20.1 million units last year.

She urged the government to upgrade ports and shipping service, nurture professionals and provide diversified services to promote the SARs edge to countries along the Belt and Road scheme.

Source: The Standard
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Re: Port Operators

Postby winston » Mon Dec 26, 2016 7:27 am

Singapore going the way of Venice into obscurity?

Source: The Independent

http://theindependent.sg/singapore-goin ... obscurity/
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Re: Port Operators

Postby winston » Mon Feb 20, 2017 8:15 am

Container turnover of Port of Hong Kong increased in January 2017

The container turnover of Port of Hong Kong increased by 3.5% yoy in January 2017, amounting to 1.7 million TEU, according to the preliminary report of the port authorities.

The container traffic through the main container terminals in Kwai Tsing District increased by 3.5% yoy to 1.33 million TEU, while the traffic through the other port terminals rose by 3.3% yoy to 0.400 million TEU.

The largest growth was reported in outward traffic of laden container, which increased during the first month of the year significantly and compensated the decrease in transshipment of empty containers.


The turnover of goods via Hong Kong port began to grow in August 2016 after more than two years of continuous decline.

The traffic growth in the second half allowed the port handled for the year 19.6 million TEU and close the gap with a total of 2015 to just 2.2%.

The number of visits ocean vessels decreased by almost 5%, barges – by 0.5%.


Source: Maritime Herald

http://www.maritimeherald.com/2017/cont ... uary-2017/
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Re: Port Operators

Postby winston » Mon Mar 06, 2017 7:29 am

vested in Hutch Port

Why Hong Kong’s container port may be in terminal decline, and what that would mean for a city that appears not to care

Hong Kong’s wealth has grown with the container shipping trade for five decades, but if the city’s port is allowed to decline much further it could go under, with big consequences for consumers and employment

In 2015, Hong Kong’s port was the world’s fifth biggest, still significantly larger than those of Xiamen in southern China, Rotterdam and Los Angeles.


Chinese ports are closer to the country’s factories, and they have over the past decade they have expanded and upped their game, often under Hong Kong ownership.

While Hong Kong’s container throughput has tailed off significantly since 2015, its share of total Pearl River Delta throughput has been shrinking for 15 years, from 77.8 per cent in 2001 to 45.3 per cent in 2015.


Changes in China’s rules for what is known as cabotage – the shipping term for transporting cargo between a country’s domestic ports.

Future of Hong Kong's container port industry in jeopardy

For many years, Hong Kong has benefitted from Chinese cabotage rules which (like those of many countries, including the United States) allow only Chinese-owned and -flagged vessels to carry cargo between domestic ports.

In practice, this has meant that international shipping lines opt to access Chinese ports via Hong Kong (which counts as an international, not a Chinese port under the “one country, two systems” arrangement) and so avoid the cost and risk of using a Chinese third-party carrier.

In September 2013, cabotage rules were relaxed within the Shanghai Free Trade Pilot Area, and in 2016 this relaxation was extended to the ports of Qingdao, Shenzhen and Nansha. This rule change means those ports can now do the same job as Hong Kong and act as transshipment hubs for smaller Chinese ports.

Wong’s team calculates it could result in a 14 per cent decrease in the Hong Kong port’s container throughput.


Throughput is decreasing 1 per cent to 3 per cent every year”


A 2015 report by Deutsche Bank is less optimistic, forecasting the port’s business will shrink by 50 per cent in 10 years.


Source: SCMP

http://www.scmp.com/lifestyle/article/2 ... would-mean
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Re: Port Operators

Postby winston » Sun Apr 16, 2017 7:50 am

It’s official: Hong Kong’s port is on the way out so let’s get building

For the first time, a senior government official has said in public that the city should no longer be competing in the container terminal business. That would open the way for our biggest-ever residential mega-project

Beijing-sponsored scheme called the “Greater Bay Area”

Essentially it comes down to the idea that the major cities of the Pearl River Delta should not compete but work together for the good of all because then we can move mountains ... and so on.


Hong Kong government official has finally conceded that a big container port in Hong Kong may not be part of this glorious success and we ought to concede the port business to rivals across the border which are now much better suited to it.


Source: SCMP

http://www.scmp.com/comment/insight-opi ... t-building
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Re: Port Operators

Postby winston » Sun Apr 16, 2017 8:53 pm

CAN CHINA REALLY DELIVER MALAYSIA’S SINGAPORE SLAYER?

Experts say Beijing is pouring investment into the Melaka Gateway project because it wants to secure its trade routes as part of its ‘One Belt, One Road’ initiative

BY BHAVAN JAIPRAGAS

Construction of a new deep-sea port as part of the $43 billion Malaysian ringgit (HK$75.6 billion) Melaka Gateway project, jointly developed by local and Chinese firms


In January, Port Klang unveiled plans for a $200 billion Malaysian ringgit expansion.

Port Klang and the Port of Tanjung Pelapa
s, Malaysia’s second-biggest port, handled less containers combined than the Port of Singpore in 2015.


The $12.5 billion Malaysian ringgit Kuala Linggi International Port is also being built near Melaka to handle oil tankers.

Reports say that project, which aims to steal into Singapore’s bunkering business, is also funded by Chinese investors.


Source: SCMP

http://www.scmp.com/week-asia/politics/ ... ore-slayer
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Re: Port Operators

Postby winston » Thu Aug 10, 2017 4:51 pm

by behappyalways:-

Thais called to support S$38.2 billion Kra Canal construction that will bypass S’pore ports

http://mothership.sg/2017/08/thais-call ... ore-ports/
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Re: Port Operators

Postby winston » Wed Aug 16, 2017 7:14 am

Hong Kong: Could Kwai Tsing container terminal site be the next Canary Wharf?

Daniel Shih of Colliers says the site has the potential to be developed into Hong Kong’s third central business district

Kwai Tsing port covers about 279 hectares, amounts to about 300 hectares when accessory land use is factored in.


In 2014, Kwai Tsing Port handled over 17.6 million units, roughly 80 per cent of the Hong Kong’s total container throughput.

By 2015, Hong Kong’s port had slipped to being the world’s fifth biggest.

A report by Deutsche Bank in that year forecast the port’s business would shrink by 50 per cent over the next 10 years.


Altogether, there are 24 container berths spread along a quay stretching 7,694 metres in Kwai Tsing Port, providing an estimated capacity of 21 million units per annum.


Source: SCMP

http://www.scmp.com/property/hong-kong- ... ext-canary
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