The Port of Hong Kong squeezed out a positive result in October with container throughput of 1.56m teu, for a year-on-year increase of 0.7%.
Drilling down into the figures reveals that the main Kwai Tsing Terminals handled 1.25m teu, an increase of 2.6% compared to October 2019. By contrast, the midstream operators lost 6.2% in box volumes, recording a total 315,000 teu for the month.
Total volumes for the first 10 months of the year stand at 14.875m teu, a fall of 2.6% compared to the same period in 2019.
Hong Kong has been playing catch up since a 15.9% drop in the number of boxes handled in January 2020. By June the shortfall had diminished to 5.3%. Still, the port will struggle to reach the 18.3m teu recorded last year.
Source:hongkongmaritimehub
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