Hong Kong port volumes fall for 7th straight month in August

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Throughput at the Port of Hong Kong fell again in August for the seventh month in a row to 1.64m teu, 4.3% lower than the 1.72m teu moved in the previous corresponding period.

For the year-to-date, the cumulative slowdown in pace is starting to drag, with overall throughput down 4.3% compared to the first eight months of 2017, with volume of 13.16m teu.

The main Kwai Tsing terminals saw fall 3.1% in August to 1.29m teu from 1.34m teu in August 2017, which was also a slower pace of decline than the preceding month, when throughput fell 8.1% in July.

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