Hong Kong port's star status in the alliance universe is on the wane
Hong Kong’s status as one of the world’s premier container gateways and transhipment hubs is ...
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
The extent to which Hong Kong’s container facilities should be expanded has been the subject of the sort of intense debate for more than a decade. Originally on the drawing board was Container Terminal 10, but given that CT9, opened nearly 10 years ago, has never been fully utilised, and the fact that growth at what used to be the entrepot to China has slowed to a snail’s pace as China has built up its own export gateways, focus is switching to maximising the use of existing facilities in Hong Kong. The port will, ultimately, need more space though.
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