Hong Kong Update March 2003 Issue
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HK Container Port Sets New Record

Hong Kong is ranked as the world's busiest container portHong Kong set a new world record in container throughput in 2002 by handling 19 million TEUs (20-ft equivalent units), making it once again the world’s business container port.

Speaking at the Terminal Operations Conference (TOC) 2003 Asia on February 25, the HKSAR’s Secretary for Economic Development and Labour, Mr Stephen Ip, reported that this figure “represents a 6.6% increase over 2001, and confirms Hong Kong’s position as the world’s busiest container port for 9 of the past 10 years.”

A new study, Hong Kong Port: Master Plan 2020, has been commissioned to formulate a competitive strategy for the next 2 decades and beyond. Hong Kong continues to work closely with its hinterland, the Pearl River Delta, to smooth the flow of people, goods, cargo and information in order to reinforce Hong Kong’s status as the preferred international logistics hub in Asia.

TOC 2003 Asia was organized by the Informa Group and supported by the Hong Kong Port and Maritime Board. The conference brings together senior port/shipping executives and leading industry analysts to explore emerging market trends, business development strategy and best practices of port and maritime operations.




 

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