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Hong Kong's April throughput falls 12%

Hong Kong's April throughput falls 12%
Hong Kong's April container throughput predictably fell 12.2% from the year before to 1.7m teu, as the full effects of the more than month-long port workers strike kicked in. Month-on-month volumes fell 7.8% from 1.8m teu in March.

Throughput at the main Kwai Tsing terminals fell 10.7% to 1.3m teu while at traffic from mid-stream operations fell 17.1% to 400,000 teu.

Hong Kong suffered one of its longest port strikes last month, with the 40-day stoppage at Hutchison's Hongkong International Terminals reportedly seeing some 100 vessels diverted to other ports during the period.

Hong Kong's container throughput has seen a poor first quarter with only a slight 2.8% year-on-year increase posted in January. Figures for all other months have declined from the year before.