Port Operators

Re: Port Operators

Postby winston » Tue Aug 11, 2015 6:30 pm

Hong Kong must jettison its port-focused mindset

http://splash247.com/hong-kong-must-jet ... d-mindset/
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Re: Port Operators

Postby winston » Tue Aug 18, 2015 8:04 am

No stopping steady fall in Hong Kong container volumes

by Greg Knowler

Source: JOC

http://www.joc.com/port-news/no-stoppin ... 50817.html
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Re: Port Operators

Postby winston » Wed Aug 19, 2015 7:39 am

Hong Kong port July throughput down 9.5%

http://www.seatrade-maritime.com/news/a ... wn-95.html
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Re: Port Operators

Postby winston » Mon Aug 24, 2015 7:25 am

Port business falls for 13th month by Frances Sit

Hong Kong as a port faces bleak times with container throughput shrinking 9.5 percent in July when slipping for a 13th straight month an all-time worst record.

Throughput fell to 1.75 million twenty-foot equivalent units compared to 1.93 million TEUs 12 months earlier. And in the first seven months it was down a cumulative 9.1 percent to 11.94 million TEUs.

But mainland throughput rose 5.2 percent to 17.93 million TEUs in July despite slower growth in June. And throughput for the first seven months rose 5.8 percent.

Sunny Ho Lap-kee, executive director of the Hong Kong Shippers' Council, said the mainland's "ridiculously low" port prices were a major cause of the slump.

The SAR facilities as a whole now rank fifth among the busiest container ports after Singapore and Chinese ones including Shenzhen.

Hong Kong exports fell 3.6 percent in the second quarter compared to last year.

Still, Financial Secretary John Tsang Chun-wah said yesterday that yuan depreciation could boost SAR exports.

And government economist Helen Chan said SAR exports could rise as over 60 percent of goods and 90 percent of raw material re-exports originate from China.

Source: The Standard HK
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Re: Port Operators

Postby winston » Fri Aug 28, 2015 5:14 pm

Ultra-large vessels steer clear of Singapore’s outdated ports

http://sbr.com.sg/shipping-marine/in-fo ... ated-ports
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Re: Port Operators

Postby winston » Tue Sep 15, 2015 9:58 pm

As Hong Kong volumes continue dropping, Yantian sees growth

by Greg Knowler

Source: JOC.Com

http://www.joc.com/port-news/hong-kong% ... 50915.html
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China - Economic Data & News 12 (Jul 15 - Dec 16)

Postby behappyalways » Tue Nov 17, 2015 2:38 pm

Shanghai Port Struggles to Meet Global Ambitions as Trade Slumps
http://www.bloomberg.com/news/articles/ ... -tank-says
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Re: Port Operators

Postby winston » Wed Jan 06, 2016 8:34 am

In 2015, container traffic at some of the busiest ports in the world grew at its slowest rate in a half decade.

In fact, container traffic at the 30 largest ports actually shrank by 0.9 percent in the third quarter, a time of year that normally sees an uptick in activity. That was the first decline since 2009.

Part of the problem is the strengthening U.S. dollar, depressing demand for Chinese goods because of the yuan link to the dollar. But tepid economic growth is raising concerns about the stability of the global economy.

Source: Oil price Intelligence
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Re: Port Operators

Postby winston » Thu Jan 14, 2016 4:23 pm

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Re: Port Operators

Postby winston » Thu Mar 17, 2016 8:11 am

Declining Hong Kong Port Heralds a Grim Future: View

Last week, the local government reported that cargo flowing through Hong Kong dropped by 13.8 percent in 2015, capping a dismal year in which the city’s port declined to the world’s fifth-busiest, dropping behind one-time also-rans Shanghai and Shenzhen.


Trans-shipment.

By Chinese law, foreign vessels can’t carry cargo from one domestic port to another. But Hong Kong, considered an international port, is exempted from this restriction. Foreign ships can move freight from there to any number of mainland ports.

One result is that a large industry of warehouses and other infrastructure has grown up in Hong Kong to support trans-shipment, which represents 72 percent of the port’s business.

Now the Chinese government is under growing pressure from foreign cargo carriers and mainland ports to lift the restriction more broadly. When — not if — that happens, Hong Kong’s position as a super port will only recede further.


Source: GCaptain

https://gcaptain.com/declining-hong-kon ... ture-view/
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