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Hong Kong sees flat box volume growth in 2014

Container throughput at the Port of Hong Kong declined slightly by 0.3% to 22.3m teu in 2014 from 22.4m teu the year before.

Vincent Wee, Hong Kong and South East Asia Correspondent

January 19, 2015

1 Min Read
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For the month of December, volumes fell 11.9% overall to 1.8m teu, with 10.1% fewer boxes moved at the main terminals and a fall of 17.5% in volumes at the non-Kwai Tsing terminals.

Meanwhile major port operator Cosco Pacific continues to do well with its various investments throughout major Chinese container port operations as well as internationally.

Across the group. container throughput went up 9.9% to 67.3m teu in 2014. The biggest growth, at 16.9% and 14.5% respectively, came from the international and Southeast coast terminals.

However these are relatively new operations and the figures come from a relatively low base. For the former annual throughput rose from 8.1m teu in 2013 to 9.4m teu last year, while for the Southeast coast terminals throughput rose from just 3.3m teu in 2013 to 3.8m teu last year.

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About the Author

Vincent Wee

Hong Kong and South East Asia Correspondent

Vincent Wee is Seatrade's Hong Kong correspondent covering Hong Kong and South China while also making use of his Malay language skills to cover the Malaysia and Indonesia markets. He has gained a keen insight and extensive knowledge of the offshore oil and gas markets gleaned while covering major rig builders and offshore supply vessel providers.

Vincent has been a journalist for over 15 years, spending the bulk of his career with Singapore's biggest business daily the Business Times, and covering shipping and logistics since 2007. Prior to that he spent several years working for Brunei's main English language daily as well as various other trade publications.

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