Port of Hong Kong box traffic down 3.9 percent
The port of Hong Kong saw volumes fall 2.4 percent year-over-year in September, according to the latest figures from the Hong Kong Development Council, the Journal of Commerce reports.
Setting aside February 2012, which was disrupted by Chinese New Year, throughput of 1.95 million 20-equivalent-units in September was the lowest monthly total since March 2011.
September was also the port’s seventh consecutive monthly year-over-year decline, despite a pick-up in Chinese exports.
In the first three quarters of the year, Hong Kong’s total container throughput of 13.2 million TEUs is 3.9 percent lower than a year earlier.