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Hong Kong losing ground in Asian port race

Once the world's largest container port, Hong Kong now faces another dive once the announced container alliance between Maersk Line, MSC, and CMA CGM starts operating.

The Port of Hong Kong, which back in 2000 - 2004 held the title as the world's busiest container port, lost 3.3 percent of its revenue in 2013. The biggest decline among the world's 20 largest ports, according to a survey performed by Alphaliner.

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