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HK Port Nov volume slides 4% to 1.75m teu

HK Port Nov volume slides 4% to 1.75m teu
The Port of Hong Kong continued to see container throughput slide in November, with the decline which began in October accelerating to 3.6% with 1.75m teu moved compared to the 1.81m teu that passed through the port in the previous corresponding period.

The main Kwai Tsing terminals saw volume fall 1.6% to 1.35m teu from 1.37m teu previously while at the non-Kwai Tsing terminals throughput plunged 9.7% to just 400,000 teu from 443,000 teu in November 2016.

For the year-to-date, throughput amounted to 18.97m teu, making it look likely that the Port of Hong Kong will not only have another sub-20m teu year but quite possibly see annual volumes even drop below last year's 19.81m teu if December turns out to be a slower-than-expected month.

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