For the year-to-date, growth came in at 2.0% to 9.98m teu. The main Kwai Tsing terminals saw a very sedate growth of 0.6% to 1.55m teu from 1.54m teu previously.
The terminal operators are showing a similar trend as plateauing growth in Hong Kong is counterbalanced by faster growth in some of the Pearl River Delta ports. At Cosco Pacific's Cosco-HIT Terminal in Hong Kong for example throughput rose 1.7% in May to 157,700 teu from 155,100 teu but growth overall in the Pearl River Delta for the company was 8.9% in May as the throughput rose to 1.55m teu from 1.42m teu previously. Growth here was especially boosted by the outstanding 20..8% rise in throughput at Cosco Pacific's Guangzhou South China Oceangate Container Terminal in Nansha which it shares with APM Terminals. Volumes here rose to 362,600 teu from 300,200 teu in the previous corresponding period, presumably due to both Maersk Line shifting more traffic there as well as better volumes from the line as well.
Other ports in the area continued to do well for Cosco Pacific with the Yantian International Container Terminals still growing 5.1% despite its already massive base volumes. Throughput here rose to 874,200 teu from 831,700 teu previously. In the other regions growth was also coming along nicely for the company with the Bohai Rim ports growing 9.1% to 1.81m teu and the eastern seaboard Yangtze River Delta ports also rising 9.4% to 711,300 teu.
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