once world-beating port needs to raise its game or risk falling further behind competitors in , and elsewhere, industry experts said.
The city‘s massive container facility has seen rivals, especially in mainland , expand and improve at a faster pace, air and rail options for shipping goods increase and, more recently, uncertainty resulting from the ongoing Washington-Beijing trade war.
Since 2004, Hong Kong has gone from being the biggest port in the world in shipping containers processed to a ranking, according to Lloyd‘s List, of fifth in 2017. Industry expectations are for further declines.
