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Hong Kong port box volumes fall in 3.6% in 2013

Hong Kong port box volumes fall in 3.6% in 2013
Despite a valiant effort in December with a 5.4% rise in container throughput to 1.96m teu, the port of Hong Kong expectedly saw overall volumes for 2013 fall 3.6% to 22.29m teu compared to 23.12m teu the year before.

The main Kwai-Tsing terminals did particularly well in December, seeing a 7.7% rise in throughput to 1.55m teu, although the midstream terminals continued their trend of long slow decline with a 2.6% fall in volumes to 410,000 teu.

This could clearly be seen in the trend for the year, with midstream terminals seeing a 8.4% plunge in volume to 5.17m teu for 2013 compared to 5.64m teu the year before.

The Kwai-Tsing terminals had a hard time keeping up with even the flat growth of the year before, posting a 2% fall in volume to 17.12m teu in 2013.