Hong Kong's role as a global transportation and logistics hub is dependent upon the success of its ocean port, as more than 80% of the world's cargo travels by sea. The steady decline of ocean cargo volume over the past several years has prompted the creation of a new and innovative business model, designed to turn the tide of business decline and increase Hong Kong's competitiveness in the region. The new Hong Kong Seaport Alliance, which began joint operations in April, is the first step toward the development of a 21st century Smart Port in Hong Kong.
Peter J. Levesque, Group Managing Director of Modern Terminals Limited and Past AmCham Chairman will provide a comprehensive overview of the Hong Kong Seaport Alliance, highlighting the cost efficiencies and service improvements that will be generated as a result of the Alliance's centralized operating model. He will also address the Seaport Alliance's new value proposition for global carriers which is designed to incentivize ocean carrier volumes back to the SAR.
Light Breakfast included