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Night Recap - April 3, 2026
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Secretary for Transport and Logistics Lam Sai-hung announced plans to develop green and smart port initiatives to reaffirm Hong Kong's status as an international shipping hub.
The initiative follows a decline in activity at the city's container terminals, which were once the busiest in the world. Last year, Hong Kong fell out of the top 10 busiest ports for the first time.
Lam stated today that Hong Kong's container throughput last year was about 14 million twenty-foot equivalent units (TEUs).
The authorities aim to enhance the port's competitiveness and develop high-value-added shipping services. Last year, they proposed promoting green ports and smart port models to maintain Hong Kong’s position as a leading international shipping center.
Lam said the government will introduce a green maritime fuel plan for Hong Kong by year-end to attract more ships. It is also considering extending the port's info flow to the entire supply chain to enhance efficiency.
Since 2020, Hong Kong has implemented tax incentives to attract more shipping companies, with currently 1,100 companies related to port and shipping services based in the city.
Also, the authorities plan to restructure the Hong Kong Maritime and Port Board into the Hong Kong Maritime and Port Development Board. Lam mentioned that the chairman of the new board might not be a government official, noting that non-government officials are often closer to market dynamics.
He hopes the board will be operational by the middle of next year. On maritime and air transport talent development, the government has invested HK$500 million in a training fund to date. Next month, during "Hong Kong Maritime Week," the government will sign a deal with the shipping union to boost training for industry professionals.
