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Hong Kong June volumes fall 13% to 1.7m teu

The Port of Hong Kong continued its downward slide in June, with throughput falling 14% to 1.34m teu at the main Kwai Tsing terminals from 1.56m teu previously.

Vincent Wee, Hong Kong and South East Asia Correspondent

July 20, 2015

1 Min Read
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At the midstream terminals the fall was more muted at 8.5% to 380,000 teu from 415,000 teu but still reflects the slowing China economy that drives much of the feeder traffic that goes through them.

Overall container throughput for June fell 12.9% to 1.72m teu from 1.97m teu in June 2014.

For the first half of the year overall throughput fell 9.7% to 10.12m teu as the ongoing economic woes in China and Europe continued to weigh on the lines as well the terminal operators that serve them.

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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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