Port of Hong Kong throughput falls in June

The port of Hong Kong has seen container volumes fall on a monthly basis for six months in a row, according top statistics provided by the Marine Department.

During June the port handled 1.67m teu, a fall of 4.5% compared to June 2017’s figure of 1.75m teu.

Drilling down, the Kwai Tsing Terminals actually registered a slight increase of 0.7% to 1.33m teu. Unfortunately the midstream operations spoiled the party by clocking up just 340,000 teu handled compared to 428,000 teu in June 2017.

The cumulative figure for the first half of the year was 9.88m teu, down 3.6% for the same period in 2017.

The poor performance in Hong Kong was reflected in the June figures for Hong Kong-listed Cosco Shipping Ports, which has an interest in Hong Kong. CSP saw throughput in the Pearl River Delta facilities slide by 1.3% to 2.22m teu. However, the international port operator saw better results overall as throughput for the month grew 11.5%.

CSP terminals in China’s Bohai Rim region recorded a 40.5% increase in volumes at 1.68m teu, up from 1.41m teu in June 2017. The new Southeast coast ports edged up 3.6% to 470,800 teu as the Southwest cost facility at Guangxi Qinzhou International Container Terminal saw a volume increase of 8.2% to 123,000 teu.

But the best performance was achieved at CSP’s overseas facilities where throughput increased 40.5% to 2.09m teu despite falls at CSP Zeebruge Terminal and the SSA Terminals in Seattle where volumes dropped around 30% and 5.2% respectively.

 

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