Hong Kong

Hong Kong

Drewry’s benchmark spot rate from Hong Kong to Los Angeles remained at $1,800 per 40-foot container for a second week.
Drewry spot rates stay steady before August GRI
The Drewry benchmark spot rate from Hong Kong to Los Angeles dropped $100 this week to $1,800 per FEU.
Drewry trans-Pacific benchmark loses ground before planned August rate hike
Drewry’s benchmark spot rate from Hong Kong to Los Angeles rose to $1,900 per 40-foot container this week.
Eastbound trans-Pacific spot rates fall short of goals
Drewry’s benchmark spot rate from Hong Kong to Los Angeles stood at $1,800 per 40-foot container this week
Drewry trans-Pacific rate falls in between peak surcharges

Press Releases

Maersk to move China office from HK to Beijing
Maritime News
Kalmar's Shanghai factory delivers its 1,000th reachstacker to Wing Wah Container Depot Co., Ltd., Hong Kong
Civic Exchange’s Energy Forum 15
Trade Data
FedEx Expands SenseAware Service to Hong Kong
FedEx
FedEx Recognized as Best All Cargo Airline
FedEx
Hactl Stages Seventh International Forklift and Pallet Building Competition
Hong Kong Air Cargo Terminals Limited (HACTL)
Hactl Wins DHL-SCMP Hong Kong Business Award, Enterprise Award
Hong Kong Air Cargo Terminals Limited (HACTL)

Zencargo’s new funding a further sign of digital forwarder maturation

17 May 2021
A new funding round for Zencargo is a further signal that the digital forwarding model has legs in a market where turning to a logistics provider to incorporating data in planning decisions has become the norm.
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Hong Kong quarantine lifted for cargo crew: Cathay Pacific
16 Apr 2021
The removal of quarantine rules for fully vaccinated Hong Kong-based air freight crew is a relief for airlines like Cathay Pacific, which estimates the operational constraints caused by the regulation has added more than $100 million to its monthly costs in Q1.
Cosco sees fourfold rise in 2020 net profit on fleet growth, strong demand
30 Mar 2021
Cosco joins other carriers in posting strong profit figures for 2020 due to the rebound in rates and volumes in the second half of last year.
OOCL latest carrier to post record 2020 profit
26 Mar 2021
OOCL has continued to invest in new ships and services, placing an order last year for 12 23,000-TEU vessels for delivery during 2023-2024.
Kerry Logistics sells warehousing interests in move to shed assets
25 Mar 2021
Kerry Logistics will sign warehouse management agreements with each of the nine individual warehouse companies it is selling to current parent company Kerry Holdings; the facilities are located in some of the prime industrial areas of Hong Kong.
Hong Kong hopes to lure bigger ships, more cargo from increased bridge limit
25 Jan 2021
Without easing the air draft limits under the Tsing Ma bridge, ships calling at Hong Kong and the western Shenzhen ports face a lengthy transit south of Hong Kong through Chinese waters.
Singamas debt deal offers hope for wider PIL restructuring
11 Dec 2020
The decision by Singamas shareholders offers hope that a bigger debt rehabilitation plan put forward by PIL will be accepted by the carrier’s other creditors and approved by Singapore’s high court at meetings early next year.
Hong Kong container terminals agree to cap handling charges
02 Nov 2020
The price caps are among five commitments made by Hong Kong terminal operators to ensure the Hong Kong Seaport Alliance can continue to operate.
Hong Kong competition watchdog seeks deal on terminal costs
13 Aug 2020
Shippers and forwarders fear cargo-related charges in Hong Kong could surge given that terminal members of the Seaport Alliance handle about 90 percent of box cargo at Kwai Chung container port.
Easing of bridge draft limit encourages larger ship calls along Pearl River Delta
08 Jul 2020
Easing the height limit under Hong Kong’s Tsing Ma bridge ends a six-year campaign by the Hong Kong Liner Shipping Association. The structure spans the main shipping channel between Hong Kong’s Kwai Chung container port and the Shekou and Chiwan container terminals in western Shenzhen.
OOCL’s Pinna retires, leaves colorful legacy
26 May 2020
Adrian Pinna, who retired this spring, had a style harkening back to what some consider the good old-days of container shipping, before a relatively young industry took on a more buttoned-up style.