Urgent call to future-proof Hong Kong port amid rising competition

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It is fair to say that with the host of challenges facing the port of Hong Kong – competition from mainland terminals; intra-terminal competition within Hong Kong and the threat of overcapacity; and the dynamically changing landscape of the deepsea container shipping industry itself – development of the port itself has been somewhat neglected. But with congestion at Asia’s second largest transhipment point, after Singapore, fast becoming a fact of daily life, terminal operators and shipping agents are calling on the local government to implement a range of policy measures, including the better rationalisation of port areas, to maintain the port’s position.