News / HPH results sum up Hong Kong port woes, but terminals alliance brings hope

© Khunaspix Dreamstime.

The long-term decline in container volumes at the port of Hong Kong has again been highlighted with the release of Hutchison Port Holdings Trust’s (HPH Trust) nine-month results.

However, some hope for the maritime hub’s future may be on the horizon, following the “tremendously successful” launch of the Hong Kong Seaport Alliance (HKSPA) by HIT (Hongkong International Terminals), COSCO-HIT, Asia Container Terminals and Modern Terminals.

HPH Trust operates the three Kwai Tsing terminals in Hong Kong and, in mainland China, Yantian International ...