The Hong Kong Seaport Alliance (HKSPA) has offered commitments to the city’s competition commission, after concerns its share of gateway cargo could be anti-competitive.
However, Hong Kong shippers describe the pledges, which include caps on service charges, as “paying lip service”.
The commission’s investigation, which began in January 2019 when the HKSPA was formed, found it was unlikely to give rise to competition concerns in the transhipment or barge markets, as there …
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Source: The Loadstar