Hk Logistics Essay

632 words - 3 pages

Overview
Hong Kong’s free-port status, mature trading infrastructure and geographic location make it an ideal city from which to develop your logistics and supply chain management business. As trade with Mainland China and across the region continues to rise strongly, logistics providers with a strong business proposition will find a dynamic business community receptive to new technologies and services. The supply, storage and distribution of high-end products – including art and wine – is an area that is attracting particular attention.
Hong Kong is the largest community of shipping, freight forwarding and logistic providers in Asia. It is ranked 2nd in the World Bank’s Ranking on Logistics Performance of 2012. It has a strategic geographical location connecting half of the world’s population within 5hrs flight and sharing border with Guangdong Provinces of China. It holds world’s busiest international air cargo and also ranked third after Shanghai and ...view middle of the document...

Sending products from one international destination to another can involve a multitude of carriers, requirements and legalities.
Hong Kong is the 10th largest merchandise trading entity and one of the world’s most trade oriented economies in the world.

Below table showing the total freight movements (Inward + Outward) in (million tonnes).

 
Hong Kong’s freight movement showed solid growth in the past two years. After growing 10.4% in 2010, total freight movement achieved a growth of 2.3% in 2011 despite the global economic downturn in 2011.
The main markets for international freight forwarders in 2010 were Asia (34.1% of total share), North America (33.7%) and Western Europe (27.0%).The Chinese mainland is the most important source of cargo for Hong Kong's freight forwarders. In 2011, 61.6% of Hong Kong’s re-exports were originated from the Chinese mainland.

* Maritime Logistics-:
* Hong Kong has one of the world’s busiest container ports, with nine container terminals offering 24 berths and 7,694 meters of frontage, and a river trade terminal that adds 3000 meters of frontage.
* Its harbor can accommodate 12000 TEUs at a time. According to the United Nations’ Review of Maritime Transport 2010 and Hong Kong Ship-owners Association, Hong Kong owns and manages 9.4 percent of the global total tonnage of vessels.
* As of June 2011, the Hong Kong Shipping Registry is the fourth largest register globally, reaching 62 million gross tons in 1,836 vessels.
* Hong Kong has Double Taxation Relief Agreement with 26 trading partners for further tax relief.
* The Hong Kong Shipping Registry can provide registration services outside normal business hour also.

* Aviation Logistics:-
* Airlines operating from Hong Kong enjoy the shortest flight times to the world’s most economically vibrant markets.
* It is connected to about 160 destinations, including 40 in Mainland through over 900 daily flights by over 100 airlines.
* HK provides the facility of Round-the-clock border crossings and one-stop customs clearance allow efficient transfer of goods to and from Mainland China and Hong Kong, and clearance of detained air cargo within 80 minutes.
* In 2011, some 3.9 million tonnes of air cargo passed through Hong Kong, and 53.9 million passengers used HKIA.

Other Papers Like Hk Logistics

Computime Essay

2753 words - 12 pages logistics services. Computime provided high-tech OEM manufacturing solutions to high tech global manufacturers around the globe. The company was particularly adept in electronic controls, where it was the world leader. 1 Threat to New Entrant The requirements for the capital investment and knowledge are moderate for the control business. Therefore, the threat to new entrant is moderate, and we would rate the

Kuch Nahi Essay

3854 words - 16 pages SALARY GUIDE | UNITED ARAB EMIRATES 2012 CONTENTS. MANAGING DIRECTOR’S LETTER BANKING & FINANCIAL SERVICES MARKET INSIGHTS RISK & COMPLIANCE WEALTH MANAGEMENT & PRIVATE BANKING ACCOUNTANCY & FINANCE MARKET INSIGHTS ACCOUNTANCY & FINANCE TECHNICAL MARKET INSIGHTS ENGINEERING CONSTRUCTION & ENERGY SUPPLY CHAIN & LOGISTICS 2 3 4 5 6 7 8 9 10 11 12 13 14 SALES, MARKETING & SUPPORT MARKET INSIGHTS ADVERTISING, MEDIA & BRANDING CREATIVE

Management

3887 words - 16 pages business alliances and relationships that enable them to get suppliers like; Ams and Beefeater through economies of scale and their action where they act efficiently where competitors may not (Aguinis,Herman 2009). Inbound logistics Premier Inn hotels achieve competitive advantage in this stage given the relationships suppliers an automated advanced supply chain mechanism and a staff that is accredited with training (Bossini 2007/2008). Outbound

Exploatory Research

3453 words - 14 pages competitor’s A&P strategies Distribution research Planning channel decision for global markets Designing the channel coverage and location of distribution centres Comparing the in-house versus outsourced logistics 16 Sources of Secondary Data ü Internet (Hong Kong) 1. 2. 3. 4. 5. 6. 7. 8. 9. http://www.info.gov.hk (government publications) http://www.info.gov.hk/censtad/chome/cindex.htm (HK statistics) http://www.usd.gov.hk/CE/Library

ZARA: Fast Fashion

4518 words - 19 pages countries around the world until 2001, since 1990 when it finished its rollout in Spain. At the same, it started to make mass investments in manufacturing logistics and IT, as well as establishing a just-in-time manufacturing system, a 130,000-squre-meter warehouse, and an advanced telecommunications system.Compared to its three main competitors, The Gap (U.S.), Hennes & Mauritz (Sweden), and Benetton (Italy), Zara's performance could be

Review the Process of Implementing Cloud Computing of Smes in Uk - an Exploratory Study

2805 words - 12 pages the research Present findings submission III.REFERENCE Alijani, GS, Fulk, HK, Omar, A, & Tulsi, R 2014, 'CLOUD COMPUTING EFFECTS ON SMALL BUSINESS', Entrepreneurial Executive, vol. 19, pp. 35-45. Marković, DS, Branović, I, & Popović, R 2014, 'REVIEW OF CLOUD COMPUTING IN

Company Backgroundnof Kee Wah

5158 words - 21 pages invested more than HK$10 million to modernise the packaging of its bridal cakes and rolled out a campaign targeting young and affluent couples.  As 2009 is a double spring (shuang chun) year in the Lunar calendar, the Chinese believe this is an auspicious year to get married.  To coincide with this period, Kee Wah has rolled out a campaign to build awareness of its new look for its bridal cake product range.  The bakery hopes to remind women to share

International Economies Theory

4241 words - 17 pages their policies. The following box describes an example of the WTO dispute settlement procedure at work: the U.S.–Venezuela dispute over imported gasoline. As the box explains, this case has also become a prime example for those who accuse the WTO of undermining national sovereignty. Benefits and Costs The economic impact of the Uruguay Round is difficult to estimate. If nothing else, think about the logistics: To do an estimate, one must

Freedom And Responsibility

2141 words - 9 pages Built within the Constitution of the United States are specifically defined freedoms that are guaranteed to all citizens. Conversely, with every constitutional freedom there comes a corresponding responsibility. On September 25, 1789, the state legislature’s twelve proposed amendments were transmitted by congress, the first two dealing with congressional representation and congressional pay. The following numbers three through twelve were

Hate Crime Laws

2348 words - 10 pages On June 7, 1998, 49-year-old James Byrd Jr. of Texas accepted a ride from three white men, who then beat him severely, urinated on him, chained him by his ankles to the back of their pick-up truck, dragged him for three miles into the countryside, and dumped his corpse in front of an African-American cemetery (Graczyk). A little over a year later, a jury sentenced ring leader John King to death by lethal injection (“Man Executed for Dragging

Rational Emotional Behavior Therapy Case Study Conceptualization And Treatment Plan

2140 words - 9 pages Rational Emotional Behavior Therapy Case Study of Sarah: A Conceptualization and Treatment Plan Rational emotive behavior therapy, REBT, was developed by Albert Ellis and holds the central belief that the events in our lives do not cause our disturbances but that they are instead caused by our view of the events (Murdock, 2009). Murdock (2009) states that “people are seen as responsible for their behavior” (p. 279) but, because they are

Related Essays

Ethical Issue Of High Speed Railway

543 words - 3 pages By James Pomfret HONG KONG | Fri Jan 8, 2010 9:08am EST HONG KONG (Reuters) - Hundreds in Hong Kong ringed the city's legislature on Friday as public frustration mounted over government attempts to bulldoze through a high speed railway, an issue that has also catalyzed a fresh push for full democracy. The HK$66.9 billion ($8.6 billion) high speed railway linking Hong Kong to the southern Chinese city of Guangzhou has been championed by

Global Business Environement Essay

2694 words - 11 pages Name : Corina Kwok De Los Santos Programme : BSc(Hons) Business and Management Studies Intake No. : Intake 39 Module : Global Business Environment ____________________________________________________________ __________ Company background Tang Dynasty Hong Kong (Holdings) Limited (“Tang Dynasty”) is a well-known traditional Chinese dessert and sweets company with numbers of stores in HK and China. Tang Dynasty opened its first

Waltdisney Essay

2320 words - 10 pages recovery. At the same time Disney was also preparing to enter the China market and they are looking for a new location to build a new theme park in Asia. In this project Hong Kong Government and the Disney has invested total HK $ 5.7 billion. The Hong Kong Government has invested HK $ 3.25 billion that’s 57% of the shares and Disney invested HK $ 2.45 billion which equal to 43% of whole shares. Hong Kong International Theme Parks Limited Buy to HK

Sport Obemeryer Case Report

2298 words - 10 pages , and the units left unsold at the end the season are sold at a loss that averaged 8% of the wholesale price. The profit on each parka sold is approximately $27 while loss of $9 is made on each unsold parka. Management believes that the effective implementation of its product strategy relied on several logistics-related activities, including delivering matching collections of products to retailers at the same time. Issue Identification and