The Future of Mid-Stream Operation in Hong Kong

Mid-stream operation has played a significant role §in the economy of Hong Kong since the 1960s. Not §only was Hong Kong once one of the major §manufacturing cities in the global market, but goods §from China were also transported to Hong Kong for re-§export since the 1980s. Long before container §terminals were established, products were loaded and §unloaded from ocean-going vessels by mid-stream §operation, and shipped to North America and Europe. §However, by the 21st century, with the decline of §manufacturing industries in Hong Kong and the §development of sophisticated ports for sea freight §transport and container services in southern China, §the survival of mid-stream operation in Hong Kong §has been threatened. This book attempts to provide a §thorough understanding of the situation. Opinions §and data were collected from mid-stream operators §and shippers to analyze the overall container §throughput trend in Hong Kong. The author concludes §that mid-stream operation will fade out if the §unfavourable conditions continue, and recommends §that associating with the mainland Chinese §businesses or moving the mid-stream operation to §another country may be the ways to survive.