Among the world’s top seven ports, Hong Kong was the only one with declining throughput last year. Photo: Roy Issa

Hong Kong’s port business drops out of top five in world for first time as Asian rivals Shanghai, Singapore, Ningbo, Shenzhen, Guangzhou and Busan leave city in their wake

  • City was dominant global player as the world’s busiest port for more than a decade until 2004, but sank to No 7 last year
  • From its glory days in the 1990s, Hong Kong has seen its competitiveness eroded and its transshipments to mainland China diminished
Topic |   Hong Kong economy

TOP PICKS

Among the world’s top seven ports, Hong Kong was the only one with declining throughput last year. Photo: Roy Issa
READ FULL ARTICLE