Port of Hong Kong
Port of Hong Kong
The world’s fifth busiest container port, measured in TEU volumes, Hong Kong was the world's busiest container port from 1987 to 1989; from 1992 to 1997, and from 1999 to 2004.
The Hong Kong Port consists primarily of five major terminals, each operated by one of these companies: Modern Terminals, Ltd. (MTL); Hongkong International Terminals Ltd. (HIT); COSCO Information & Technology (H.K.) Ltd.; Dubai Port International Terminals (DPI), and Asia Container Terminals Ltd. (ACT).
The existing nine terminals occupy over two square kilometers of land, providing 18 berths and more than 6,500 meters of deep water frontage. Altogether, these terminals handle about 60 percent of total container traffic handled in Hong Kong.
At the port of Hong Kong, the deployment of larger vessels and larger alliances has produced a critical increase in the number of inter-terminal transfers, resulting in higher charges to shipping lines; extra handling time for shipments; and an increased burden on the port’s resources and roads.