Typhoon Mangkhut To Be Followed By Tariffs As Challenges Facing Hong Kong — Panjiva


Typhoon Mangkhut To Be Followed By Tariffs As Challenges Facing Hong Kong

China 1762 Corp - Ports 664 Corp - Shipping 610 Mode - Containerized 1007 Mode - Seaborne 1275 U.S. 3310

Typhoon Mangkhut was the strongest to hit Hong Kong since records began in 1946, likely exceeding the expectations of container-lines such as CMA-CGM who had already warned about the impact of a particularly heavy storm season. It comes as Hong Kong’s container handling has already been in decline with a 4% drop in August on a year earlier – notable given last August included the stronger-than-average Typhoon Hato. The August slippage comes as part of a longer-term decline in port activity. The widening U.S.-China trade war may also be a future problem given shipments of mainland product...

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