GCTL8.com (FocusAsia Media Ltd)


HONG KONG, Nov 15 (FAM) – Hong Kong could lose out on the transshipment of 2.4 million TEU annually in the non-Pearl River Delta region if the mainland goes ahead with a full relaxation in its laws prohibiting foreign-flagged vessels from moving cargo from one mainland coastal port to another.

The move could deal a serious blow to Hong Kong’s container freight industry, according to the highly influential Hang Seng Management College (HSMC), the South China Morning Post reported.