FURTHER DEVELOPMENT OF HONG KONG’S PORT AND MARITIME SERVICES

Research output: Chapter in book / Conference proceedingChapter in an edited book (as author)Academic researchpeer-review

Abstract

This chapter presents a review and preliminary analysis of the current maritime policy, opportunities and challenges of Hong Kong port in the maritime economics and business sector. It aims to initiate a discussion based on the academic framework, with a view to developing an outlook of Hong Kong port. Professor C. P. Lau has reviewed how Hong Kong transformed from a fishing village into a busy trade port and is now playing a pivotal role in providing transport, trade and financial services. Hong Kong is one example among many ports, and similar successes have been repeated within a shorter period. Some of these are now competitors of Hong Kong. High operating costs were impairing the highly efficient logistics industry. The private operators tightly controlled their service charges. Legislation against anti-competition did not exist that time. Society criticized the duopoly market structure of container terminals.

Original languageEnglish
Title of host publicationMaritime Business and Economics
Subtitle of host publicationAsian Perspectives
PublisherTaylor and Francis Ltd.
Pages237-259
Number of pages23
ISBN (Electronic)9781351983358
ISBN (Print)9781138282124
DOIs
Publication statusPublished - 1 Jan 2018

ASJC Scopus subject areas

  • Economics, Econometrics and Finance(all)
  • Business, Management and Accounting(all)

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