Ports

Port of Hong Kong loses ground to Chinese ports

The Port of Hong Kong saw the largest drop in revenue percentage-wise among major container ports in 2023.
In 2023, Maersk and Hapag-Lloyd reached an agreement to move their cargo to Shenzhen's Yantian port instead of Hong Kong, which may be a contributing factor to the latter's 2023 decline. | Photo: Kin Cheung/AP/Ritzau Scanpix
In 2023, Maersk and Hapag-Lloyd reached an agreement to move their cargo to Shenzhen's Yantian port instead of Hong Kong, which may be a contributing factor to the latter's 2023 decline. | Photo: Kin Cheung/AP/Ritzau Scanpix
by METTE GRUBE CONDRUP

The Port of Hong Kong has been hit by a significant drop in the cargo moving through its terminals. 

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