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Hong Kong port February container volumes down 6%

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After getting off to a good start to the year, the Port of Hong Kong saw throughput slide 5.7% in February, led by a plunge in mid-stream operations traffic.

Overall throughput fell to 1.40m teu from 1.49m teu in the previous corresponding period.

Throughput at the main Kwai Tsing terminals was almost flat, with 1.13m teu moved compared to 1.14m teu in February 2017.

The big plunge in numbers came from the non-Kwai Tsing terminals, which fell 23.1% to just 270,000 teu in February. This is the lowest number of boxes moved by the mid-stream and other operators in two years, with the previous low posted in February 2016, when just 167,000 teu were handled.

This was however in a bad year for the container industry where February numbers at the Port of Hong Kong fell 21% overall and the main Kwai Tsing terminals saw volumes dipping 18% to drop below 1m