Hong Kong container volumes fall below 20m TEU first time in 10 years

Hong Kong container volumes
Despite a late push bringing a 14.3% rise in throughput to 1.8million TEU, to produce the best monthly growth of the year in December the Port of Hong Kong, still saw annual volumes fall 2.5% to 19.6million TEU for 2016, as projected bringing its first sub-20million TEU annual throughput in over a decade.

The main Kwai Tsing terminals saw a 12.7% rise in throughput to 1.4million TEU while the non-Kwai Tsing terminals handled 400,000 TEU in December, a rise of 20.2%.

For the year however, the Kwai Tsing terminals saw volumes fall 2.4% to 15.2million TEU while the non-Kwai Tsing terminals saw throughput fall 2.8% to 4,375 TEU.

Copyright Ships & Ports Ltd. Permission to use quotations from this article is granted subject to appropriate credit given to www.shipsandports.com.ng as the source.