The Kaohsiung Harbor handled 10.27 million 20-foot containers last year, 1.9 percent less than a year earlier amid the establishment of new worldwide shipping alliances and a consolidation in the shipping industry, the Chinese-language Liberty Times (the sister newspaper of the Taipei Times) reported on Saturday.
The nation’s largest port, ranked the 17th-busiest container port in the world in 2016, saw its ranking improve to 13th in the first half of last year, the Liberty Times said.
It did not specify where the port stood in world rankings for the whole of last year, citing a lack of available data.
However, Kaohsiung might have seen its ranking fall two notches in the second half, overtaken by Antwerp, Belgium, and Xiamen, China, the report said.
The port was the world’s No. 3 container port during the 1980s, but lost its position in the top 10 in the late 2000s, due to reduced manufacturing activities in Taiwan and also because neighboring countries, especially China, boosted capacity at their ports or built new ports.
Taiwan International Ports Corp (TIPC, 台灣港務) president Kuo Tien-kuei (郭添貴) told the Liberty Times that he was not happy with the decline in container volume at the harbor last year.
State-run TIPC is headquartered in Kaohsiung and oversees all of the nation’s international seaports.
However, sea freight traffic in Kaohsiung gradually stabilized in the second half of last year as TIPC sought to collaborate with major shippers to cope with changes in the global shipping industry, Kuo said.
The port’s container wharfs need a makeover to accommodate larger cargo ships, and TIPC is working with international shipping companies and experienced port service companies to set up business at Kaohsiung Harbor’s No. 7 container terminal, Kuo said.
Once that terminal begins operations later this year, it is expected to provide high-efficiency, low-cost loading and unloading operations, TIPC said.
It is expected to attract at least NT$15 billion (US$508.1 million) in operation facilities and equipment investment, the corporation said.
WALKING AWAY: At one point the world’s No. 3 smartphone brand, LG has fallen from a position as a market leader after a series of software and hardware mishaps South Korea’s LG Electronics Inc is to wind down its loss-making mobile division after failing to find a buyer, a move that would make it the first major smartphone brand to completely withdraw from the market. Its decision to pull out will leave its 10 percent share in North America, where it is the No. 3 brand, to be gobbled up by Samsung Electronics Co and Apple Inc with its domestic rival expected to have the edge. “In the United States, LG has targeted mid-priced — if not ultra-low — models and that means Samsung, which has more mid-priced product lines than
SPECULATION: The integrated house and land transaction income tax has been amended as the real-estate market heats up because of high liquidity and low interest rates Lawmakers across party lines yesterday agreed to July 1 as the provisional date on which a draft amendment to the Income Tax Act (所得稅法) is to come into effect, with the aim of curbing real-estate speculation. The consensus was reached following interparty negotiations at the legislature’s Finance Committee to determine when revisions to the “integrated house and land transaction income tax” would take effect. The committee on Monday last week passed a number of revisions to the act, but failed to agree on when they would take effect. Under the proposed revisions, the tax would be set at 45 percent
TAICHUNG PLANT: An official said that generator No. 3 had been retrofitted and it generates 0.46g of particulate pollution per kilowatt-hour, down from 0.6g to 0.7g A spike in demand for electricity made it necessary to restart the third coal-fired generator at the Taichung Power Plant, Taiwan Power Co (Taipower, 台電) said yesterday as a feud with the Taichung City Government lingers. Taichung Mayor Lu Shiow-yen (盧秀燕) has sought to keep the generator from being used. In 2019, he revoked Taipower’s license to operate the generator. However, the state-run utility has taken the city government to court over the license revocation and won the case in February last year, Taipower manager Chang Ting-shu (張廷抒) said. “We would like to remind the Taichung City Government that operation of the third
Several hundred people have already booked their tickets and begun training for a spectacular voyage: a few minutes, or perhaps days, in the weightlessness of space. The mainly wealthy first-time space travelers are preparing to take part in one of several private missions which are preparing to launch. The era of space tourism is on the horizon 60 years after Soviet cosmonaut Yuri Gagarin became the first person in space. Two companies, Virgin Galactic and Blue Origin LLC, are building spacecraft capable of sending private clients on suborbital flights to the edge of space lasting several minutes. Glenn King is the director of