The recent financial turmoil has caused no difficulties for Hong Kong freight forwarders
For	Against
The competition among Hong Kong and China shipping company Shipping companies in Hong Kong find it very difficult to get credit from the banks. The maintainence fees of those unused ships is very high. Due to the financial crisis , the demands for shipping have decreased. Find new direction, better cooperation with China, exporting goods from China to other countries Many employees of shipping company were laid off	decreasing demand for goods has led to decreasing demand for shipping goods relatively high labour cost of Hong Kong is one of challenge for the industry to survive in financial turmoil pirates are more active after the financial turmoil The impact of financial crisis is global, Hong Kong will be affected, but not the greatest.

The competition among Hong Kong and China shipping company
For	Against
	The services provided by China shipping company is cheaper.

decreasing demand for goods has led to decreasing demand for shipping goods
For	Against
Hong Kong has facing a great competitor such as Shang Hai one possible solution is to explore new market (for example : Latin America)	As the relationship of mainland China and Taiwan improve a lot, the role of logistics centre bewteen mainland and Taiwan has lost

As the relationship of mainland China and Taiwan improve a lot, the role of logistics centre bewteen mainland and Taiwan has lost
For	Against
	It is true for Hong Kong

It is true for Hong Kong
For	Against
	however, in terms of technology and infrastructure, Hong Kong is still in advance.

Shipping companies in Hong Kong find it very difficult to get credit from the banks.
For	Against
government could provide guarantee for shipping company

The maintainence fees of those unused ships is very high.
For	Against
	Since the ship is age around 20-25, company can scrap the ship which is old, it can minimzie the operating cost.

Find new direction, better cooperation with China, exporting goods from China to other countries
For	Against
Hong Kong Government have done something to help logistic industries~for example infrastructure (eg.railway)